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$395,000

3003 California Street NE, Minneapolis, MN 55418

4 beds |
2 baths |
2,431 sqft

Multi-Family Home
Built in 1905
8,276sqft lot
2 car garage
$162/sqft
Listed 27 days ago

Property Description

Opportunity knocks with this well-maintained duplex located in one of Northeast Minneapolis' most vibrant and walkable neighborhoods—just steps from popular breweries, shops, and restaurants. Each unit offers 2 bedrooms and 1 bathroom with bright, spacious living areas, front sunrooms filled with natural light, and dishwashers in the kitchens for added convenience. Tenants enjoy free shared laundry and additional storage in the basement, while the large lot features a fire pit, and patio area; perfect for outdoor entertaining. A detached 2-car garage is a huge benefit for those snowy winters. Mechanicals are in great shape with a brand new furnace in the basement, new baseboard heaters in the upstairs and new electrical panels. With strong rental history and minimal vacancy thanks to its desirable location and smart layout, this is an ideal investment for both house hackers and portfolio builders. As an added bonus, there's value add potential as the expansive walk-up attic on the third level provides a unique opportunity—finish it out to create an additional unit or expand the upper unit living space with more bedrooms or a primary suite. Main level unit is occupied and is rented for $1,539 per month through 2026. Don’t miss your chance to own a high-demand rental property in a thriving Northeast Minneapolis neighborhood!

Listing Status:: Active
Listing Office:: Rize Realty : 612-314-5563
MLS ID:: 7003310

Basement: Block
Heating: BaseboardForced Air

Parking: Detached Garage

General: More Than 2 Stories

Originating MLS: northstar
School District: Minneapolis
County: Hennepin

Zoning: 0302924440002

Water: City Water/Connected
Sewer: City Sewer/Connected

Source: northstar

This listing courtesy of Rize Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Cityview Community School

3350 N 4th St, Minneapolis, MN, 55412

Grades PK-5

0.87 miles away

Northeast Community Middle School

2955 Hayes St NE, Minneapolis, MN, 55418

Grades 6-8

1.72 miles away

Menlo Park Academy

1700 2nd St NE, Minneapolis, MN, 55413

Grades 9-12

1.15 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.