$499,000

1707 31st St Minneapolis, MN 55407

$5,926
Closing credit¹
2,870 sqft
$174 / sqft
Multi-Family

Property details

About 1707 31st St

INVESTOR'S DREAM: 8 Bedrooms, 3 Baths, 2 Car Garage - Upper-Level rents $1,400.00 a month, First Level and bonus Lower Level with two bedrooms combined is $2,600.00 for a total monthly income of $4,000.00. Newly built in 2019 from Architectual drawing plans with updated materials, two furnaces, one in lower level for basement and first floor, 2nd furnace is in the upper level. Tankless hot water system. Draw title surrounding base of home with sump pump! Plus, it has a two-car garage! Fully rented by tenants on a month-to-month basis. Outstanding location in a family neighborhood close to shopping and freeway access! This is a must see for serious investors!

Highlights

Home typeDuplex
HeatingForced Air
StatusActive
Size2,870 sqft
BasementYes
Year built2019
ParkingDetached, Concrete, Garage Door Opener, Electric
MLS #6198400
Garage2 spaces

Summary

  • Basement: Yes
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Concrete, Garage Door Opener, Electric
  • Heating: Forced Air
  • List Price: $499,000
  • Price/SqFt: $173
  • Lot: Irregular Lot, Few Trees
  • Directions: Lyndale to 31st Street go east to 17th Ave S, home will be on the right. Cedar to 31st Street go west to home on left!
  • Year Built: 2019
  • Living Area: 2,870 SqFt
  • MLS Number: 6198400
  • MLS Name: NORTHSTAR
  • Office Name: Lakes Area Realty

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view of front of property featuring a garage

$499,000

1707 31st St

$5,926

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

2

Aurora Charter School

Public Charter PK-4

0.7 mi

2101 E 26th St

1

Skyline Math and Science Academy

Public Charter KG-6

0.9 mi

2600 26th Ave S Ste 100

4

Bancroft Elementary School

Public Magnet PK-5

0.9 mi

3829 13th Ave S

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $44,583. Residents of Minneapolis, MN typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

47%
<35k
50%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

49%
Single, No Kids
23%
Single, with Kids
10%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
9%
12-17 yrs old
33%
18-34 yrs old
34%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • White CastleWhite Castle
  • Boston MarketBoston Market

What do the neighbors drive?

  • NissanNissan
  • KiaKia
  • HondaHonda

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1707 31st St in Minneapolis, MN and zip code 55407 in the Powderhorn neighborhood. This 2,870 square foot home was built in 2019. Features: 0 bathroom. It has been listed on Rocket Homes since May 23, 2022 and is currently priced at $499,000.

Minneapolis, MN housing market in April 2025 saw over 466 listings sold above listed price, more than 213 sold at listed price and over 261 sold below. In April 2025 in Minneapolis, MN there were 23% more homes for sale than in March. The median list price of listings available in April 2025 was $354,417, while the average time on the real estate market was 28 days.

From Rocket Homes Real Estate and based on county public records data.

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