2602 South 8th Street

Minneapolis, MN 55454

$425,000
Price
—
Beds
1,731 Sq. Ft.
$246 / Sq. Ft.
1,731
Sq. Ft.
$246
per Sq. Ft.

Description

ASSUMABLE LOAN at 3.625 for qualified buyers! Gorgeous duplex with an additional corner lot, perfect for an owner occupant or investor. Totally rebuilt/remodeled in 2005 with a kitchen expansion and new AC's in both units in 2022. Near the river in a small neighborhood and just a block down from beautiful Riverside Park. Easy access to 94 and nearby universities. Possible expansion opportunities with the extra lot (think triplex or additional dwelling), or just enjoy a spacious, private feeling yard....ASSUMABLE LOAN at 3.625 for qualified buyers! Gorgeous duplex with an additional corner lot, perfect for an owner occupant or investor. Totally rebuilt/remodeled in 2005 with a kitchen expansion and new AC's in both units in 2022. Near the river in a small neighborhood and just a block down from beautiful Riverside Park. Easy access to 94 and nearby universities. Possible expansion opportunities with the extra lot (think triplex or additional dwelling), or just enjoy a spacious, private feeling yard. Plenty of off-street parking, a carport, and permitted parking on the street, as well as two sheds. Both units are owner occupied and have never before been rented out. Come take a look at this rare gem!
  1. Listed by Edina Realty, Inc.

Property Details for 2602 South 8th Street

Neighborhood
Cedar Riverside
Subdivision Name
Rusts Sub Murphys Add
Zoning Jurisdiction
Residential-Multi-Family

Location

Listing Courtesy of Edina Realty, Inc.
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LISTING UPDATED: 04/11/2024 03:22 PM

Property Details for 2602 South 8th Street

StatusActive
MLS #6502610
Days on Compass45
Taxes$5,362 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex Up and Down
Year Built1900
Lot Size0.20 AC / 8,712 SF
CountyHennepin County

Location

Listing Courtesy of Edina Realty, Inc.
Add your commute

Building Information for 2602 South 8th Street

Stories-Residences2Year Built1900Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$2,766 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,319

Property Taxes

$447

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2602 South 8th Street

Summary
Location and General Information
  • City Name: Minneapolis
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: 94E to Riverside, right on Riverside, left on 8th.
  • Latitude: 44.965519
  • Longitude: -93.234291
  • Map Coordinate: 107-A3
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Minneapolis
  • City and Location Text: Minneapolis(MN)
  • Postal Code: 55454
  • State Or Province: MN
  • Public Survey Township: 29
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 2502924430208
  • Tax Annual Amount: $5,362.00
  • Tax Legal Description: RUSTS SUBD BLK 15 MURPHYS ADDN MPLS LOTS 14 AND 15
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2023
  • Tax With Assessments: 5362.0000
School Information
  • High School District: 1 - Minneapolis
  • School District Number: 1
  • School District Phone: 612-668-0000
Property
Lot Information
  • Above Grade Fin SQFT: 1731.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 1731.0
  • Lot Size Area: 0.2
  • Lot Size Dimensions: 65x45
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Duplex Up and Down
  • Property Type: Residential Income
  • SQFT Main Total: 899.0000
  • Above Grade SqFt Total: 1731.0000
  • Below Grade SqFt Total: 207.0000
  • Sqft Total: 1938.00
Property and Assessments
  • Age Of Property: 124
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 1731.0
  • Fuel: Natural Gas
  • Roof: Age Over 8 Years, Asphalt
  • Patio Porch Type: Porch
Interior Features
  • Basement Type: Partial
  • DP Resource: Y
  • Garage Square Feet: 0
  • Heating: Forced Air
  • Levels: Two
  • Number of Refrigerator: Two
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Rooms Total: 5
  • Unit SqFt: 899
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Unit Level: Main Level
  • Unit Type Total Rent: 0
Unit 2
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Rooms Total: 4
  • Unit SqFt: 832
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Unit Type Total Rent: 0

Property History for 2602 South 8th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2602 South 8th Street

Taxable ValueLand$69,000Additions$339,000Total$408,000
Tax Record2023$5,362 ($447 / month)
Home Facts
Baths2Total Finished SqFt1,731 SqFtAbove Grade Finished SqFt1,731 SqFtStories2Lot Size4,356 SqFtStyleDuplexYear Built1900ZoningR4CountyHENNEPINAPN25-029-24-43-0208

Schools near 2602 South 8th Street

This home is within Minneapolis Public School Dist..
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Pratt Elementary School
PublicPK to 5

Northeast Middle School
Public6 to 8

Edison Senior High School
Public9 to 12

Seward Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2602 South 8th Street is a multi-family home for sale in Minneapolis, MN 55454. This property was listed for sale on March 12, 2024 by Edina Realty, Inc., it's currently listed at $425,000. It has been on the market for a total of 45 days and was last sold on August 1, 2019. This listing's school district is Minneapolis Public School Dist.. Nearby schools include Pratt Elementary School, Northeast Middle School and Edison Senior High School. 2602 South 8th Street is a 0-bed, 0-bath, 1,731 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Edina Realty, Inc.

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 04/11/2024 03:22 PM