3108 ELLIOT AVENUE
3108 Elliot Avenue, Minneapolis, 55407, MN
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Price: $525,000
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Status type: For Sale
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City: Minneapolis
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Neighborhood: 64
Bedrooms: 9
Property Size :3052
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Listing Agent: NST16483,NST213365
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Property type : Triplex
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Zip code: 55407
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Street: 3108 Elliot Avenue
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Street: 3108 Elliot Avenue
Bathrooms: 3
Year: 1894
Listing Brokerage: Edina Realty, Inc.
DETAILS
Rare opportunity to acquire a tri-plex with below-market financing! 2.5% ASSUMABLE LOAN – SAVE $700-$800/MO/$9000 ANNUALLY vs today’s rates. Buyer can assume approx. $432K at 2.5% creating a dramatically lower monthly payment than current market financing. Additional income from coin-operated laundry. Major capital improvements including NEW ROOF (2025), new sewer line (2024), updated electrical, boiler and chimney brought up to code. Fully rented triplex with separate gas and electric, hardwood floors, abundant natural light, basement storage, on-site laundry, PRIVATE OFF-STREET PARKING, and a backyard space. Located 2 blocks from 66-acre Powderhorn Park (with central lake, recreational facilities and trails) and 3 miles from downtown Mpls, offers walkability to local cafes, restaurants, and shops which supports consistent tenant demand. Showings require 24 hour notice.
INTERIOR
Bedrooms: 9
Fin ft² / Living Area: 3052 ft²
Below Ground Living: N/A
Bathrooms: 3
Above Ground Living: 3052ft²
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Basement Details: Block, Storage Space,
Appliances Included:
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EXTERIOR
Air Conditioning: N/A
Garage Spaces: N/A
Construction Materials: N/A
Foundation Size: 1166ft²
Unit Amenities:
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Heating System:
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- Baseboard
- Boiler
LOT
Acres: N/A
Lot Size Dim.: 40x123
Longitude: 44.9462
Latitude: -93.2617
Zoning: N/A
FINANCIAL & TAXES
Tax year: 2025
Tax annual amount: $6,926
MISCELLANEOUS
Fuel System: N/A
Sewer System: City Sewer/Connected
Water System: City Water/Connected
ADDITIONAL INFORMATION
MLS#: NST7856006
Listing Brokerage: Edina Realty, Inc.
ID: 4556441
Published: March 16, 2026
Last Update: March 16, 2026
Views: 32
