4405 North Morgan Avenue

Minneapolis, MN 55412

$650,000
Price
—
Beds
3,355 Sq. Ft.
$194 / Sq. Ft.
3,355
Sq. Ft.
$194
per Sq. Ft.

Description

This completely renovated triplex truly has it all. With modern updates, original hardwoods, and 10’ ceilings, this does not feel like your average Multifamily. Situated just off of Victory Memorial Drive & walking distance to the local market, library, coffee shops, restaurants, walking/biking paths, public pool, a quick drive to downtown, & so much more. A perfect opportunity for an owner occupant OR to maximize your rental amounts which are far above average for this area. Note the low property...This completely renovated triplex truly has it all. With modern updates, original hardwoods, and 10’ ceilings, this does not feel like your average Multifamily. Situated just off of Victory Memorial Drive & walking distance to the local market, library, coffee shops, restaurants, walking/biking paths, public pool, a quick drive to downtown, & so much more. A perfect opportunity for an owner occupant OR to maximize your rental amounts which are far above average for this area. Note the low property taxes! Equity building opportunity in the spacious Basement that has a dedicated separate entrance, washer/dryer hook ups and a ductless mini split unit to provide heating/cooling. There is also a walk-up attic space that could also be utilized via the second unit. Do not miss out on this amazing property!
  1. Listed by Fox Realty

Property Details for 4405 North Morgan Avenue

Neighborhood
Webber - Camden
Zoning Jurisdiction
Residential-Multi-Family

Location

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LISTING UPDATED: 04/26/2024 10:27 AM

Property Details for 4405 North Morgan Avenue

StatusActive Under Contract
MLS #6509546
Days on Compass29
Taxes$3,529 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1903
Lot Size0.17 AC / 7,405 SF
CountyHennepin County

Location

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Building Information for 4405 North Morgan Avenue

Stories-Residences3Year Built1903Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$3,841 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,547

Property Taxes

$294

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4405 North Morgan Avenue

Summary
Location and General Information
  • City Name: Minneapolis
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: Penn Ave to 44th, east to Morgan south to home
  • Latitude: 45.035789
  • Longitude: -93.305633
  • Map Coordinate: 92-B3
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Minneapolis
  • City and Location Text: Minneapolis(MN)
  • Postal Code: 55412
  • State Or Province: MN
  • Public Survey Township: 118
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 1411821120006
  • Tax Annual Amount: $3,529.00
  • Tax Legal Description: UNPLATTED COM AT A PT 83 FT N OF A PT 1659 13/100 FT W OF SE COR OF GOVT LOT 2 THENCE N 80 FT THENCE W 92 91/100 FT THENCE S 80 FT THENCE E 92 91/100 FT TO BEG
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2023
  • Tax With Assessments: 3528.9200
School Information
  • High School District: 1 - Minneapolis
  • School District Number: 1
  • School District Phone: 612-668-0000
Property
Lot Information
  • Above Grade Fin SQFT: 3355.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 3355.0
  • Lot Features: Public Transit (w/in 6 blks)
  • Lot Size Area: 0.17
  • Lot Size Dimensions: 80x92.91
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • SQFT Main Total: 1596.0000
  • Above Grade SqFt Total: 3675.0000
  • Below Grade SqFt Total: 1596.0000
  • Sqft Total: 5271.00
Property and Assessments
  • Age Of Property: 121
Utilities
  • Electric: Circuit Breakers
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Association Amenities: Common Laundry, Concrete Floors & Walls, Patio, Porch
  • Fencing: None
  • Foundation Area: 1596.0
  • Fuel: Electric,Natural Gas
  • Road Frontage Type: City Street, Curbs, Sidewalks
  • Roof: Age 8 Years or Less, Architecural Shingle
  • Patio Porch Type: Covered,Front Porch
Interior Features
  • Basement Type: Full
  • DP Resource: Y
  • Garage Square Feet: 0
  • Heating: Baseboard, Ductless Mini-Split, Forced Air, Humidifier
  • Levels: More Than 2 Stories
  • Number of Refrigerator: Three
  • Shared Rooms: Other
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Amenities: Kitchen Center Island,Primary Bedroom Walk-in Closet,Main Floor Primary Bedroom,Paneled Doors,Porch,Tile Floors,Walk-In Closet
  • Unit Appl: Dishwasher,Dryer,Furnace Humidifier,Microwave,Range,Stainless Steel Appliances
  • Unit Bath 3Qtr: 1
  • Unit Bath Description: Main Floor 3/4 Bath,Walk-In Shower Stall
  • Unit Bath Full: 0
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Fireplace Location: Brick,Decorative,Full Masonry
  • Unit Fireplace Num: 1
  • Unit Parking: 2
  • Unit Room Spec: All Living Fac. on One Level,Main Floor Primary,Rehabbed,Renovated
  • Unit Rooms Total: 10
  • Unit SqFt: 1596
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Units Total: 1
  • Bedroom 1 Room Dimensions: 15x10
  • Bedroom 1 Room Level: Main (Ground)
  • Bedroom 2 Room Dimensions: 15x9
  • Bedroom 2 Room Level: Main (Ground)
  • Bedroom 3 Room Dimensions: 14x13
  • Bedroom 3 Room Level: Main (Ground)
  • Bedroom 4 Room Dimensions: 18x15
  • Bedroom 4 Room Level: Main (Ground)
  • Dining Room Dimensions: 15x14
  • Dining Room Level: Main (Ground)
  • Extra Room 1 Description: Walk-In Closet
  • Extra Room 1 Dimensions: 7x4
  • Extra Room 1 Level: Main (Ground)
  • Extra Room 2 Description: Porch
  • Extra Room 2 Dimensions: 4x3
  • Extra Room 2 Level: Main (Ground)
  • Extra Room 3 Description: Office
  • Extra Room 3 Dimensions: 7x5
  • Extra Room 3 Level: Main (Ground)
  • Family Room Dimensions: 10x8
  • Family Room Level: Main (Ground)
  • Kitchen Room Dimensions: 15x5
  • Kitchen Room Level: Main (Ground)
  • Licing Room Dimensions: 3x3
  • Living Room Level: Main (Ground)
  • Unit Type Total Rent: 0
  • Unit Furnished: Yes
Unit 2
  • Unit Amenities: Kitchen Center Island,Paneled Doors,Tile Floors,Walk-In Closet,Walk-Up Attic
  • Unit Appl: Microwave,Range
  • Unit Bath 3Qtr: 0
  • Unit Bath Description: Upper Level Full Bath
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Cool System: Ductless Mini-Split
  • Unit Monthly Expenses: 0.00
  • Unit Fireplace Num: 0
  • Unit Parking: 0
  • Unit Room Spec: Rehabbed,Renovated
  • Unit Rooms Total: 6
  • Unit SqFt: 877
  • Unit Type Actual Rent: $2,100.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Bedroom 1 Room Dimensions: 16x18
  • Bedroom 1 Room Level: Upper
  • Bedroom 2 Room Dimensions: 13x10
  • Bedroom 2 Room Level: Upper
  • Bedroom 3 Room Dimensions: 12x9
  • Bedroom 3 Room Level: Upper
  • Bedroom 4 Room Dimensions: 16x12
  • Bedroom 4 Room Level: Upper
  • Unit Type Total Rent: 0
  • Unit Furnished: Yes
Unit 3
  • Unit Amenities: Cable,Paneled Doors,Tile Floors
  • Unit Appl: Microwave,Range
  • Unit Bath 3Qtr: 1
  • Unit Bath Description: Upper Level 3/4 Bath
  • Unit Bath Full: 0
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Cool System: Ductless Mini-Split
  • Unit Monthly Expenses: 0.00
  • Unit Fireplace Num: 0
  • Unit Parking: 1
  • Unit Room Spec: Rehabbed,Renovated
  • Unit Rooms Total: 6
  • Unit SqFt: 732
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Bedroom 1 Room Dimensions: 10x7
  • Bedroom 1 Room Level: Upper
  • Bedroom 2 Room Dimensions: 30x14
  • Bedroom 2 Room Level: Third
  • Bedroom 3 Room Dimensions: 11x8
  • Bedroom 3 Room Level: Upper
  • Bedroom 4 Room Dimensions: 14x6
  • Bedroom 4 Room Level: Upper
  • Kitchen Room Dimensions: 16x14
  • Kitchen Room Level: Upper
  • Unit Level: 2nd Level
  • Unit Type Total Rent: 0
  • Unit Furnished: Yes

Property History for 4405 North Morgan Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4405 North Morgan Avenue

Taxable ValueLand$37,000Additions$245,000Total$282,000
Tax Record2023$5,926 ($494 / month)
Home Facts
Baths3Total Finished SqFt2,908 SqFtAbove Grade Finished SqFt2,908 SqFtStories3Lot Size7,405 SqFtStyleTriplexYear Built1903ZoningR4CountyHENNEPINAPN14-118-21-12-0006Fireplace TypeHas Fireplace

Schools near 4405 North Morgan Avenue

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 - 9 to 12
Rating
School
Distance
Loring Elementary School
PublicPK to 5

Olson Middle School
Public6 to 8

Henry Senior High School
Public9 to 12

Henry High School - Sws
Public9 to 12

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.

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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 Fox Realty

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 04/26/2024 10:27 AM