3024 Chicago Avenue, Minneapolis, MN 55407
Local realty services provided by:ERA Prospera Real Estate
3024 Chicago Avenue,Minneapolis, MN 55407
$579,000
- 5 Beds
- 3 Baths
- 2,775 sq. ft.
- Multi-family
- Active
Listed by: david b dirkers, zachary burnside
Office: mrg realty partners, llc.
MLS#:7052375
Source:NSMLS
Price summary
- Price:$579,000
- Price per sq. ft.:$154.61
About this home
Rare opportunity to own a highly unique piece of Minneapolis history — this 1908 triplex at 3024 Chicago Avenue has been held by the same family since it was built, now offered to the public for the very first time. 3024 offers two spacious 2BR/1BA units and a studio attic, featuring hardwood floors, natural woodwork, built-ins, and three porches. Included with the sale is the fully renovated carriage house ADU at 3026 Chicago Avenue (same parcel) — a private turnkey 1BR/1BA home with a beautiful modern kitchen, in-unit washer/dryer, and furniture which is included in the sale as well. 3026 was previously rented at $2,100/month. An ideal setup for an owner-occupant seeking added privacy or an investor looking to maximize returns across multiple income streams. Recent combined current rents of $5,600/month with market upside. Great location just blocks from Abbott Northwestern and Children's Hospitals, with easy access to I-35W, Midtown Global Market, and the Lake Street corridor. Fast connections to Downtown Minneapolis and Mall of America via the D Line Rapid METRO. Owner currently pays all utilities. Four off-street parking spaces. Coin-op laundry. Strong in-place cash flow with clear rent upside — a true value-add opportunity in a high-demand rental submarket. All measurements deemed reliable but not guaranteed; buyer to verify....
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Home facts
- Year built:1908
- Listing ID #:7052375
- Added:5 day(s) ago
- Updated:April 30, 2026 at 01:43 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Basement:Yes
- Basement Description:Full
- Living area:2,775 sq. ft.
Heating and cooling
- Heating:Boiler
Structure and exterior
- Year built:1908
- Building area:2,775 sq. ft.
- Lot area:0.12 Acres
- Levels:2 Story
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$579,000
- Price per sq. ft.:$154.61
- Tax amount:$7,710 (2026)
Features and amenities
- Laundry features:Coin-op Laundry Owned
Parking
- Parking description:Driveway - Other Surface, Open
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