New - 2 days on Rocket
$4,453 Closing Credit¹
#6636866, Listing Office: Keller Williams Realty Integrity Lakes
$5,463
closing credit¹
1537 38th St Minneapolis, MN 55407
$460,000 List price
$5,463
Closing credit¹
864 sqft
$532 / sqft
Multi-Family
Property details
About 1537 38th St
Prime Investment Opportunity to Flip or Hold. Some Finishing Needed. This Unique Quadplex Offers a Fantastic Opportunity for Both Investors and Owner-Occupants Alike with One Unit Move-In Ready & A Second Unit at 90% Completion. The Additional Two Units Are a Blank Slate Waiting for Your Finishing Touches. It is Situated on a Double Lot for Ample Off Street Parking or The Space to Build Garages, Boasts New Plumbing, 4 New 75,000 BTU Boilers, 4 New High Capacity Water Heaters, 4 New Pressure Tanks, Updated Water Main Per City Requirement, Updated Electric, 4 Updated Split Meters, New Chimney Liner, Vinyl Windows Throughout (Basement Windows are New) , As An Equity Builder, A Full Un-Finished Basement With 4 Individual Storage Units & Laundry Hook-Ups Available. All Conveniently Located On a Bus Line, Near Parks & The Lakes, Restaurants, Shopping and Easy Access to the Freeway System, This Property is a Must-See!
Highlights
Home typeQuadruplex
HeatingSteam
StatusActive
Size864 sqft
BasementYes
Year built1911
ParkingParking Lot, Open
MLS #6639126
Summary
- MLS Number: 6639126
- MLS Name: NORTHSTAR
- Office Name: Homes Plus Realty
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$460,000
1537 38th St
$5,463
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
4
Bancroft Elementary School
Public Magnet PK-5
0.2 mi
•3829 13th Ave S
1
Hiawatha Leadership Acdy-Northrop
Public Charter KG-4
1.0 mi
•1611 E 46th St
3
Green Central Park Elementary School
Public District PK-5
1.0 mi
•3416 4th Ave S
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $60,174. The majority of Minneapolis, MN residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
26%
<35k
48%
35k-100k
26%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
49%
Single, No Kids
13%
Single, with Kids
22%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
7%
12-17 yrs old
28%
18-34 yrs old
42%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Tennis
Major League Soccer (MLS)
Where do the neighbors shop?
IKEA
Crate & Barrel
Banana Republic
Where do the neighbors go to eat?
Quiznos
Starbucks
Jack In The Box
What do the neighbors drive?
Lexus
BMW
Toyota
What do the neighbors listen to?
Soft Adult Contemporary
News
Jazz
All data provided by Home Junction and Claritas
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This home is located at 1537 38th St in Minneapolis, MN and zip code 55407 in the Bancroft neighborhood. This 864 square foot home was built in 1911. Features: 0 bathroom. It has been listed on Rocket Homes since December 30, 2024 and is currently priced at $460,000.
Minneapolis, MN housing market in January 2025 saw over 161 listings sold above listed price, more than 152 sold at listed price and over 309 sold below. In January 2025 in Minneapolis, MN there were 0.1% less homes for sale than in December. In January 2025 median list price was $350,000 and the average listing age was 47 days.
From Rocket Homes Real Estate and based on county public records data.