$5,580

closing credit¹

2943 California St NE Minneapolis, MN 55418

$469,900
2,406 sqft
$195 / sqft
Multi-Family

Property details

About 2943 California St NE

Assumable mortgage at 2.6%! Here is your chance to own a turn key northeast duplex while also being able to take advantage of the low interest rates of the past! This amazing property features spacious units with stunning hardwood floors, lots of natural lighting, and a fenced in yard! TONS of recent updates include a brand new two car garage ready for an ADU build out, new roof in 2022, new water heaters, central A/C, mini split, and some new appliances! Additional updates and amenities include newer plumbing, electrical, vinyl windows upstairs, and a Comcast security system! The lower unit is a 2 bed 1 bath plus an office which could easily be converted into a 3rd bedroom! The upper unit is a 3 bed 1 bath which also includes a little office area in the front bedroom! Possible opportunity to expand in the attic! The lower unit will be vacant upon sale, and the upper unit is rented out month to month under market at $1,575/month. Tenants pay their own gas & electric. Upper unit is enrolled in the Minneapolis 4D program for another 7 years which has a lot of benefits including lower property taxes, and up to $50,000 of annual reimbursement for energy efficient upgrades! There is also an option to buy out of the program if desired. Great location close to everything northeast has to offer! This one wont last long!

Highlights

Home typeDuplex
HeatingBaseboard, Ductless, Forced Air
StatusActive
Size2,406 sqft
BasementYes
Year built1900
ParkingDetached
MLS #6638332
Garage2 spaces

Summary

  • MLS Number: 6638332
  • MLS Name: NORTHSTAR
  • Office Name: RE/MAX Results

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view of front facade with a porch

$469,900

2943 California St NE

$5,580

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 23, 2020
Home Sold
$335,000
Sep 30, 2015
Home Sold
$132,000
Nov 02, 2001
Home Sold
$190,000
Nov 12, 1999
Home Sold
$125,000
Sep 25, 1998
Home Sold
$85,500

Tax history

YearAssessmentProperty Tax
2023$190,000$4,952
2022$169,000$3,178
2021$220,000$2,831
2020$220,000$2,736
2019$207,500$3,667
2018$188,500$3,421
2017$170,000$3,117

History based on county public records data.

Nearby schools

3

Spero Academy

Public Charter KG-6

0.3 mi

2701 California St NE

1

Cityview Community School

Public District PK-5

0.9 mi

3350 N 4th St

2

Banaadir Elementary School

Public Charter KG-4

1.0 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. Most families are single, no kids. Residents of this area typically 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 2943 California St NE in Minneapolis, MN and zip code 55418 in the Northtown neighborhood. This 2,406 square foot home was built in 1900. Features: 0 bathroom. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $469,900.

While more than 289 listings in Minneapolis, MN in December 2024 were sold above asking price, there were more than 179 listings sold at asking price, and more than 405 were sold below. The number of listings in Minneapolis, MN decreased by 11.9% between November and December 2024. In December 2024 median list price was $350,000 and the average listing age was 40 days.

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

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