Two-Home Duplex
For Sale
$499,000
3431 Elliot Ave, Minneapolis, MN 55407
Two separate residences on one lot support flexible living, guest, workspace, or rental arrangements.
Property Size3,535 SF
Price / SF$141.16
Days on Market33
Property Features for 3431 Elliot Ave
General Information
Standard status
Active
Size
3,535 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 4BR, 1 x 2BR
Multifamily Units
2
Building Details
Year Built
1907
Buildings
2
Listing Agency:
Pemberton RE
Listed By:
Kelly A Madden · License #40783904
(651) 271-6078
Source:
Tayloronken
Added: Aug 7
Changed: Sep 8
Last Checked: Sep 8 at 6:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pemberton RE
Investment Insights
Based on property information with market context.
This 3,535 SF duplex property includes two fully separate residences on a single lot. The primary home offers four bedrooms, a finished basement, refinished hardwood floors, partial marble kitchen countertops, and a bathroom with a Jacuzzi tub. Recent improvements include a new roof and siding in 2025, along with drain tile, a sump pump, and a radon mitigation system.
The second residence is a 1½-story, two-bedroom home with a newer furnace and water heater. Its independent layout provides options for extended family, guests, a private office, or rental use. Located at 3431 Elliot Ave in Minneapolis, the property combines distinct living spaces with a flexible two-home configuration.
The second residence is a 1½-story, two-bedroom home with a newer furnace and water heater. Its independent layout provides options for extended family, guests, a private office, or rental use. Located at 3431 Elliot Ave in Minneapolis, the property combines distinct living spaces with a flexible two-home configuration.
Key Highlights
- Two separate homes on one lot at 3431 Elliot Ave, Minneapolis, MN
- 3,535 SF duplex property with four‑bedroom and two‑bedroom residences
- Primary home includes a finished basement and refinished hardwood floors
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
939
Businesses Nearby
Explore this area
Business Placement
Demographics for 55407, MN
38,506
Population
15,979
Households
2.4
Avg Household Size
34
Median Age
48%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
9,627
Density / Sq Mi
$78,206
Median Household Income
$46,388
Median Earnings
$1,219
Median Rent
$317,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences on one lot support flexible living, guest, workspace, or rental arrangements.
Where is this duplex located?
The property is located at 3431 Elliot Ave Minneapolis, MN.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two separate homes on one lot at 3431 Elliot Ave, Minneapolis, MN; 3,535 SF duplex property with four‑bedroom and two‑bedroom residences; Primary home includes a finished basement and refinished hardwood floors
