#6674874, Listing Office: eXp Realty
1733 37th Ave NE Columbia Heights, MN 55421
Property details
About 1733 37th Ave NE
Fantastic investment opportunity in Columbia Heights! This spacious property was previously used as a triplex and is currently zoned R2 and will need to be converted back into a legal duplex to meet city requirements. Seller willing to escrow or you can buy as-is. Property can be used as a single family home if no rental license is wanted. Flexible layout options allow for 2 large units. Architectural plans propose a 5 bed/2 bath upper and 4 bed/2 bath lower unit. Seller is open to Contract for Deed financing at 5% interest, 30% down for 5 years. Property management is available at just 7% a month. Major updates include a new roof on house and garage (2017), two new boilers (2018), two new water heaters (2019) and updated bathrooms and kitchen on the lower level. Gross rents will be $6,000 a month! Low maintenance, high potential! Perfect for a first time investor! Don’t miss this opportunity to add value and long-term cash flow to your portfolio!
Highlights
Summary
- Basement: Yes
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Detached, Concrete
- Waterfront: Lake Front
- View: Panoramic
- Heating: Steam
- List Price: $670,000
- Price/SqFt: $174
- Annual Tax Amount: $7,594
- Tax Year: 2024
- Lot: Few Trees
- Directions: Hwy 35W N, Exit Johnson St NE, Right onto 37th Ave Ne, Home on Left
- Year Built: 1963
- Living Area: 3,840 SqFt
- MLS Number: 6725651
- MLS Name: NORTHSTAR
- Office Name: National Realty Guild
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Last updated on: 5/27/2025, 10:22:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$670,000
1733 37th Ave NE
$7,956
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Feb 29, 2016 | Home Sold | $261,000 |
Feb 24, 2009 | Home Sold | $170,000 |
Feb 24, 2009 | Home Sold | $126,990 |
Nov 13, 2008 | Home Sold | $124,740 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $395,600 | $7,594 |
History based on county public records data.
Nearby schools
8
Waite Park Community School
Public District PK-5
0.4 mi
•1800 34th Ave NE
3
Tesfa International School
Public Charter KG-6
0.5 mi
•1555 40th Ave NE
5
Wilshire Park Elementary School
Public District KG-5
1.2 mi
•3600 Highcrest Rd NE
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 $44,089. Most Columbia Heights, MN residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
Similar homes for sale
This home is located at 1733 37th Ave NE in Columbia Heights, MN and zip code 55421. This 3,840 square foot home was built in 1963. Features: 0 bathroom. It has been listed on Rocket Homes since May 21, 2025 and is currently priced at $670,000.
Columbia Heights, MN housing market in April 2025 saw over 4 listings sold above listed price, more than 3 sold at listed price and over 4 sold below. The inventory of homes for sale in Columbia Heights, MN between March and April 2025 increased by 20.3%. Listings spent 38 days on the market in April 2025, and had a median list price of $300,000 during the same period.