$489,900

3311 Elliot Ave Minneapolis, MN 55407

$5,818
Closing credit¹
2,102 sqft
$233 / sqft
Multi-Family

Property details

About 3311 Elliot Ave

Charming and well-maintained fourplex in the heart of Powderhorn Park, perfectly situated on a quiet, tree-lined block just steps from the park. This is a fantastic opportunity for an owner-occupant looking to offset their housing costs with rental income! Featuring numerous updates, this property boasts a newer boiler with zoned heating for each unit, updated copper plumbing, and a newly replaced roof. Three of the units have been freshly painted, giving them a bright and refreshed look. Additionally, an 1,100-square-foot garage has been converted into a heated studio/workshop, potential for generating an extra $400 per month in rental income. Enjoy the best of both worlds with a peaceful setting in a convenient, vibrant neighborhood close to shops, dining, and public transit. Don’t miss out on this incredible investment opportunity!

Highlights

Home typeQuadruplex
HeatingSteam
StatusComing Soon
Size2,102 sqft
BasementYes
Year built1900
ParkingDetached
MLS #6676766
Garage3 spaces

Summary

  • MLS Number: 6676766
  • MLS Name: NORTHSTAR
  • Office Name: Keller Williams Realty Integrity Lakes

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Last updated on: 3/14/2025, 12:22:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house featuring fence, roof with shingles, and entry steps

$489,900

3311 Elliot Ave

$5,818

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 10, 2023
Home Sold
$465,000
Nov 10, 2021
Home Sold
$420,000

Tax history

YearAssessmentProperty Tax
2023$418,000$6,672
2022$418,100$6,722
2021$374,000$6,352
2020$386,000$7,986
2019$351,000$6,208
2018$313,500$5,692
2017$265,500$4,869

History based on county public records data.

Nearby schools

3

Green Central Park Elementary School

Public District PK-5

0.5 mi

3416 4th Ave S

4

Bancroft Elementary School

Public Magnet PK-5

0.7 mi

3829 13th Ave S

4

Lyndale Community School

Public District PK-5

1.1 mi

312 W 34th St

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 $60,096. Residents of Minneapolis, MN typically earn less than $<35k each year. Typical family type is 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?

38%
<35k
33%
35k-100k
27%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

48%
Single, No Kids
24%
Single, with Kids
14%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
8%
12-17 yrs old
35%
18-34 yrs old
32%
35-64 yrs old
4%
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
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Boston MarketBoston Market
  • White CastleWhite Castle

What do the neighbors drive?

  • NissanNissan
  • HondaHonda
  • KiaKia

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 3311 Elliot Ave in Minneapolis, MN and zip code 55407 in the Powderhorn neighborhood. This 2,102 square foot home was built in 1900. Features: 0 bathroom. It has been listed on Rocket Homes since March 13, 2025 and is currently priced at $489,900.

While more than 190 listings in Minneapolis, MN in February 2025 were sold above asking price, there were more than 131 listings sold at asking price, and more than 253 were sold below. The inventory of homes for sale in Minneapolis, MN between January and February 2025 increased by 13.9%. The median list price of listings available in February 2025 was $350,609, while the average time on the real estate market was 48 days.

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

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