3118 Newton Avenue N, Minneapolis, MN 55411

Minneapolis
Local realty services provided by:ERA Prospera Real Estate
3118 Newton Avenue N,Minneapolis, MN 55411
$339,000
  • 4 Beds
  • 2 Baths
  • 1,730 sq. ft.
  • Multi-family
  • Active
Listed by: mark d. heinzman
Office: coldwell banker realty
MLS#:7161680
Source:NSMLS

Price summary

  • Price:$339,000
  • Price per sq. ft.:$195.95

About this home

UP TO $97,000 IN POTENTIAL HOMEBUYER ASSISTANCE MAY BE AVAILABLE — PLUS $3,400/MONTH IN CURRENT RENTAL INCOME! Eligible owner-occupants may have access to multiple homebuyer assistance programs, potentially including up to $45,000 through the Advancing Black Homeownership Community Fund, up to $32,000 in first-generation assistance, and up to $20,000 through the City of Minneapolis, subject to individual eligibility, available funding and program requirements. Not all programs may be combined. Both units are currently leased with $3,400/month in combined rental income. The lower level offers additional finished space, a framed bedroom area and rough-ins for a future kitchen and bathroom, creating potential for additional value. Buyer to verify zoning, permits, code compliance and permitted use with the City of Minneapolis. An opportunity to combine rental income with potentially substantial homebuyer assistance.

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Home facts

  • Year built:1914
  • Subdivision & Development:Hamischs 3rd Add
  • Listing ID #:7161680
  • Added:9 day(s) ago
  • Updated:October 27, 2026 at 02:00 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:1,730 sq. ft.

Heating and cooling

  • Heating:Boiler

Structure and exterior

  • Year built:1914
  • Building area:1,730 sq. ft.
  • Lot area:0.12 Acres
  • Levels:2 Story

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$339,000
  • Price per sq. ft.:$195.95
  • Tax amount:$3,603 (2025)

Parking

  • Garage:Yes
  • Garage spaces:1
  • Carport spaces:2
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