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$220,000
2 Beds 1 Baths 7132293 MLS
BACK ON THE MARKET... BUYER GOT COLD FEET. Welcome to 3739 Washburn Ave N, Minneapolis! This well-maintained home offers a fantastic opportunity for homeowners and investors alike. Inside, you'll find a bright and inviting layout with comfortable living spaces, an updated kitchen with ample cabinet storage, and generously sized bedrooms. The home features modern updates while maintaining its original charm. Enjoy a spacious backyard that's perfect for entertaining, gardening, or simply relaxing, along with off-street parking for added convenience. Located near parks, schools, shopping, restaurants, and major highways, this home offers easy access to everything Minneapolis has to offer. Whether you're looking for your first home, your next investment, or a place to make your own, this property delivers exceptional value. Don't miss your chance to schedule a showing today!

3739 Washburn Avenue N, Minneapolis

Listing courtesy of RE/MAX Results.

$300,000
7 Beds 4 Baths 7133086 MLS
Excellent value-add opportunity in North Minneapolis — now offered at a reduced price. This classic 1925 fourplex offers strong upside for an investor or contractor looking to restore a solid multifamily asset and bring it back into cash-flowing condition. The building is currently vacant, is listed on the City of Minneapolis Vacant Building Registry, and is being sold as-is. The property experienced a fire in one unit and the front entry, and remediation work has already begun. Based on available information, the majority of the remaining work appears to be smoke and cosmetic restoration rather than structural in nature. Copper plumbing has been removed, so water is currently off, creating a clear, well-defined scope of work for the next owner. Previously, the building produced solid rental income ($1,500/mo for the 2BR units, $1,250/mo for the 1BR unit) and featured separate furnaces and water heaters, helping keep operating expenses low. The property includes a 4-stall detached garage off the alley, offering additional income potential or tenant appeal. Prior updates included newer windows and updated bathrooms, with some units previously renovated. With the price adjustment reflecting the current condition, this is a compelling entry point for an investor with the resources to move quickly on a manageable rehab with clear upside. Buyer to verify all information, including vacant building registry requirements and timeline for release. Cash or rehab financing recommended.

3245 Penn Avenue N, Minneapolis

Listing courtesy of Peritus Real Estate.

$254,900
4 Beds 2 Baths 7130881 MLS
Welcome to this spacious and well-maintained 4-bedroom, 2-bathroom offering the perfect blend of character, functionality, and opportunity. Featuring large living space, four bedrooms on one level, an oversized 2-car garage, fenced backyard, and additional expansion potential in the basement, this home provides plenty of room to live, work and grow. Conveniently located just minutes from Downtown Minneapolis, major highways, parks, shopping, public transit, and neighborhood amenities, you'll enjoy easy access to everything the Twin Cities has to offer. Whether you're an owner-occupant seeking an affordable path to homeownership or an investor looking for strong rental potential, this property offers exceptional flexibility. The home currently benefits from Minneapolis 4D Affordable Housing Program, resulting in exceptionally low property taxes. Qualifying owner-occupant purchasers may be eligible for release of the affordability covenant through the City of Minneapolis, while investors can continue to benefit from the program's favorable tax treatment. Buyer to verify all program requirements and eligibility. A rare opportunity to own a large Minneapolis home with strong fundamentals, attractive carrying costs, and multiple paths to long-term value.

3239 Penn Avenue N, Minneapolis

Listing courtesy of Bridge Realty, LLC.

$475,000
4 Beds 3 Baths 7091810 MLS
Welcome to 3350 Xerxes Avenue North - an updated Tudor Revival cottage offering panoramic views of Victory Memorial Parkway. This late-1920s charmer is a perfect blend of original character + modern updates. The inviting main level features generous living and dining spaces, gleaming hardwood floors, two bedrooms, a full bathroom with marble floors and shower surround, and an updated kitchen with stainless steel appliances and granite countertops. Southern exposure soaks the home in natural light. The 2,600+ square foot house is maximized for functionality and storage top to bottom, with only a 3x10 utility room remaining unfinished. The upper-level primary bedroom boasts a full en suite bathroom, walk-in closet, plus an additional 100 square feet of finished knee-wall storage. The lower level features a wet bar, family room, 3/4 bath, laundry room, and a fourth bedroom that could readily serve as an office, flex space, or workout room. The beautifully landscaped yard, enclosed by a black metal fence, offers not one, not two, but THREE patios for your enjoyment. Outstanding entertaining spaces both indoors and out. Two-car garage. Updates in the last four and half years include: new furnace, new A/C, new water heater, new retaining wall in the front yard, new landscaping, and new LVP flooring in the upper level primary bedroom. Phenomenal location overlooking Victory Memorial Parkway, with easy access to trails, parks, and downtown Minneapolis.

3350 Xerxes Avenue N, Minneapolis

Listing courtesy of Coldwell Banker Realty.

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