Fantastic opportunity in a prime Minneapolis location. This versatile property is currently used as a duplex but offers flexibility to be converted into a triplex or a spacious single-family home. Zoned R2, there is also room to add a garage, making it a great investment for future expansion. The clean, unfinished basement already has framing in place and is ready to be finished to your liking.
Major updates provide peace of mind, including a new roof installed in 2024 and two new furnaces added in September 2021. Additional improvements include new windows, siding, interior and exterior paint, carpeting, and flooring throughout. A custom paver walkway and driveway enhance the curb appeal and overall functionality of the property.
This property comes with a clean TISH report and a Minneapolis Tier 1 Rental License. The duplex is currently vacant and ready for new tenants or owner occupancy. When previously rented, the lower unit brought in $1,900 per month and the upper unit rented for $2,700 per month. Whether you're looking to invest, live on-site, or redesign the space to suit your needs, this property offers excellent potential in a desirable neighborhood.
Agents and buyers to verify all measurements and information.
Active
Price cut: $10K (11/17)
$439,000
3308 Stevens Ave, Minneapolis, MN 55408
6beds
2baths
3,370sqft
Est.:
Duplex Up and Down
Built in 1892
-- sqft lot
$438,900 Zestimate®
$130/sqft
$-- HOA
What's special
New windowsInterior and exterior paintCustom paver walkwayClean unfinished basementFraming in place
- 50 days |
- 265 |
- 24 |
Zillow last checked: 8 hours ago
Listing updated: November 17, 2025 at 08:20am
Listed by:
Kelly A Madden 651-271-6078,
Pemberton RE
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6807306
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
Heating
- Forced Air
Features
- Basement: Full
Interior area
- Total structure area: 3,370
- Total interior livable area: 3,370 sqft
- Finished area above ground: 3,370
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway - Other Surface, Open
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: More Than 2 Stories
- Fencing: Chain Link,Wood
Lot
- Size: 5,662.8 Square Feet
- Dimensions: 45 x 129
- Features: Wooded
Details
- Foundation area: 1248
- Parcel number: 0302824130096
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Up and Down
Materials
- Metal Siding, Vinyl Siding, Wood Siding, Frame
- Roof: Age 8 Years or Less,Asphalt
Condition
- Age of Property: 133
- New construction: No
- Year built: 1892
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Bakers 2nd Add
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $130/sqft
- Tax assessed value: $403,300
- Annual tax amount: $5,952
- Date on market: 10/21/2025
- Cumulative days on market: 35 days
Estimated market value
$438,900
$417,000 - $461,000
$2,128/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/17/2025 | Price change | $439,000-2.2%$130/sqft |
Source: | ||
| 11/3/2025 | Price change | $449,000-2.2%$133/sqft |
Source: | ||
| 10/21/2025 | Listed for sale | $459,000+57.8%$136/sqft |
Source: | ||
| 1/20/2022 | Sold | $290,900+38.5%$86/sqft |
Source: Public Record Report a problem | ||
| 10/13/2005 | Sold | $210,000$62/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,952 +3.2% | $403,300 -1.4% |
| 2024 | $5,769 +2.2% | $409,000 -7.5% |
| 2023 | $5,645 +3.8% | $442,000 +4% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,719/mo
Principal & interest
$2152
Property taxes
$413
Home insurance
$154
Climate risks
Neighborhood: Lyndale
Nearby schools
GreatSchools rating
- 3/10Lyndale Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 6/10Justice Page Middle SchoolGrades: 6-8Distance: 2 mi
- 8/10Washburn Senior High SchoolGrades: 9-12Distance: 2.1 mi
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