3117 17th Avenue S, Minneapolis, MN 55407
MULTI_FAMILY - Minneapolis, MN
- Added:
- May 8, 2026
- Days on Market:
- 60
- Last Refresh:
- Jul 6 at 3:06 am
Property Features for 3117 17th Avenue S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 2, Basement
- Exterior features
- Stucco
- Standard status
- Active
- APN
- 0202824110047
- Size
- 1,768 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5625
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1955
Listing agent Carlos Bunay (651) 494-4000
Listing office National Realty Guild 5200 Willson Road, Suite 150, Minneapolis, MN (651) 330-8001
Listing date May 8, 2026
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex with up‑down layout, with each unit featuring its own kitchen
- Each unit has 2 bedrooms and 1 bathroom
- Full basement shared by both units with ample storage and washer/dryer
- Forced air heating
- Stucco exterior
- Built in 1955
Overview
Located at 3117 17th Avenue S in Minneapolis, the property is described as being near Southeast Minneapolis attractions and access points including Minnehaha Falls, the Mississippi River, trails, and surrounding commercial areas. The lot size is listed at 0.11 acres, with a total property size of 1,768 square feet.
For buyers or operators looking for a residential income property with separate kitchens and bedroom/bath layouts in each unit, this arrangement can support straightforward day-to-day management within one building. The shared full basement adds practical utility through storage and in-house laundry facilities. This could be a fit for those seeking a duplex format with two self-contained upper/lower living spaces and basic amenity coverage within the same structure.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.2k | $22.20 |
| − Vacancy | −$2.3k | −$1.33 |
| EGI | $36.9k | $20.87 |
| − OpEx | −$11.1k | −$6.26 |
| NOI | $25.8k | $14.61 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Minneapolis
- County
- Anoka
- State
- Minnesota
- Longitude
- -93.249552
- Latitude
- 44.945905
