$398,000

2715 Marshall St NE Minneapolis, MN 55418

$4,726
Closing credit¹
2,020 sqft
$197 / sqft
Multi-Family

Property details

About 2715 Marshall St NE

Prime Investment Opportunity in the high-demand Marshall Terrace Neighborhood! This versatile up/down duplex presents an exceptional opportunity for investors, house hackers, and those looking to generate passive income. It features two separate units, one on the main level and another upstairs with completely separate entrances. The property is ideal for long-term or short-term rentals or the house hacker/owner-occupied with rental income to offset costs Inside, you'll find beautiful refinished original hardwood floors, open layout in the main-level unit, plus basement for storage or flex space. Recent updates include furnace and central A/C (~2.5 years old) and the addition of a shower in the upstairs unit. The fully fenced backyard is ideal for tenants and pets and the detached garage provides secure, off-street parking and additional storage. Located in this desirable NE location, this duplex is steps from popular spots, including Big Star (formerly Betty Danger’s), Lucky Shots indoor pickleball, a secure off-leash dog park, and more! The strong rental demand in this area makes it a strategic addition to any investment portfolio. Whether you're looking to expand your rental holdings, start your investment journey, or maximize cash flow, this investment is a smart, income-generating asset in a highly desirable location.

Highlights

Home typeDuplex
HeatingForced Air
StatusActive
Size2,020 sqft
BasementYes
Year built1913
ParkingDetached, Asphalt, Garage Door Opener
MLS #6693441
Garage1 space

Summary

  • Basement: Yes
  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Asphalt, Garage Door Opener
  • Heating: Forced Air
  • List Price: $398,000
  • Price/SqFt: $197
  • Annual Tax Amount: $3,908
  • Tax Year: 2023
  • Lot: Few Trees
  • Directions: Head west on Saint Anthony Pkwy, Turn left onto Marshall St NE/County Hwy-23, Arrive at Marshall St NE on the left.
  • Year Built: 1913
  • Living Area: 2,020 SqFt
  • MLS Number: 6693441
  • MLS Name: NORTHSTAR
  • Office Name: Keller Williams Preferred Rlty

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Last updated on: 5/22/2025, 9:22:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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2715 Marshall St NE, Minneapolis, MN 55418 - view of side of home featuring stucco siding and fence

$398,000

2715 Marshall St NE

$4,726

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 06, 2021
Home Sold
$354,000
Dec 20, 2016
Home Sold
$153,500

Tax history

YearAssessmentProperty Tax
2023$308,000$3,908
2022$324,000$4,167
2021$233,000$3,025
2020$218,500$2,714
2019$183,485$2,693
2018$163,320$2,480
2017$163,000$2,448

History based on county public records data.

Nearby schools

3

Spero Academy

Public Charter KG-6

0.2 mi

2701 California St NE

1

Cityview Community School

Public District PK-5

0.6 mi

3350 N 4th St

2

Banaadir Elementary School

Public Charter KG-4

0.8 mi

1800 2nd St NE

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 $35,329. The most common annual income of people living in Minneapolis, MN is less than $<35k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

50%
<35k
38%
35k-100k
11%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

66%
Single, No Kids
12%
Single, with Kids
13%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
6%
12-17 yrs old
29%
18-34 yrs old
35%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • College BasketballCollege Basketball
  • Mexican League SoccerMexican League Soccer
  • SoccerSoccer

Where do the neighbors shop?

  • DillardsDillards
  • Books-a-MillionBooks-a-Million
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • Logan's RoadhouseLogan's Roadhouse
  • Church's ChickenChurch's Chicken
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • HyundaiHyundai
  • ToyotaToyota
  • MazdaMazda

What do the neighbors listen to?

  • RockRock
  • Adult HitsAdult Hits
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 2715 Marshall St NE in Minneapolis, MN and zip code 55418 in the East Riverside neighborhood. This 2,020 square foot home was built in 1913. Features: 0 bathroom. It has been listed on Rocket Homes since March 28, 2025 and is currently priced at $398,000.

In April 2025, from all listings sold in Minneapolis, MN there were more than 466 sold above asking price, over 261 sold below and more than 213 were sold right at the asked price. Between March and April 2025, Minneapolis, MN real estate market has seen increase in the number of listings by 23%. While the average time on the market in April 2025 was 28 days, the median list price was $354,417.

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

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