$4,928

closing credit¹

3551 2nd St NE Minneapolis, MN 55418

$415,000
2,415 sqft
$172 / sqft
Multi-Family

Property details

About 3551 2nd St NE

This income-producing duplex in Columbia Heights is an excellent addition to any investment portfolio. Conveniently located near the Mississippi River, it offers a blend of suburban charm and accessibility. The lower level was recently finished adding a family room, bedroom, and bathroom to the lower unit. Each unit is equipped with in-unit laundry facilities, a sought-after amenity for renters. The tenants also take care of snow removal and lawn maintenance, which minimizes management responsibilities. This duplex represents a solid opportunity for investors looking to expand their real estate holdings with minimal day-to-day involvement.

Highlights

Home typeDuplex
HeatingBaseboard
StatusActive
Size2,415 sqft
BasementYes
Year built1900
ParkingAsphalt, Shared Driveway, On-Street Parking Only
MLS #6610170

Summary

  • MLS Number: 6610170
  • MLS Name: NORTHSTAR
  • Office Name: RE/MAX Results

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$415,000

3551 2nd St NE

$4,928

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 19, 2021
Home Sold
$335,000
Dec 06, 2010
Home Sold
$110,000
Sep 08, 2000
Home Sold
$114,000

Tax history

YearAssessmentProperty Tax
2023$350,000$5,899
2022$319,000$5,136
2021$318,000$5,402
2020$312,500$5,104
2019$267,000$4,719
2018$232,000$4,210
2017$209,000$3,833

History based on county public records data.

Nearby schools

3

Spero Academy

Public Charter KG-6

1.1 mi

2701 California St NE

1

Cityview Community School

Public District PK-5

1.5 mi

3350 N 4th St

8

Waite Park Community School

Public District PK-5

1.6 mi

1800 34th Ave 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 $60,000. Typical income of Minneapolis, MN residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

17%
<35k
74%
35k-100k
9%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

53%
Single, No Kids
13%
Single, with Kids
22%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
5%
12-17 yrs old
31%
18-34 yrs old
40%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • College BasketballCollege Basketball
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Books-a-MillionBooks-a-Million
  • DillardsDillards
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Logan's RoadhouseLogan's Roadhouse
  • ChipotleChipotle

What do the neighbors drive?

  • ToyotaToyota
  • HyundaiHyundai
  • MazdaMazda

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • RockRock
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 3551 2nd St NE in Minneapolis, MN and zip code 55418 in the Northeast neighborhood. This 2,415 square foot home was built in 1900. Features: 0 bathroom. It has been listed on Rocket Homes since January 28, 2025 and is currently priced at $415,000.

In December 2024 more than 289 listings in Minneapolis, MN were sold above the asking price. During the same period more than 179 listings were sold at asking price, while more than 405 were sold below. In December 2024 in Minneapolis, MN there were 11.9% less homes for sale than in November. Listings spent 40 days on the market in December 2024, and had a median list price of $350,000 during the same period.

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

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