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    735 31St Ave N Minneapolis, MN 55411

    For Sale
    $334,900

    Well-maintained duplex with hardwood floors, original woodwork, prime location.

    Property size:
    2,259 SF
    Lot size:
    0.11 Acres

    Property Features for 735 31St Ave N

    General Information

    Size
    2,259 SF
    Lot size
    0.11 Acres

    Building Details

    Year built
    1910

    Source: Keller Williams Realty Integrity Lakes Agent David Brown

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Classic Victorian Minneapolis Duplex

    This is a well-maintained, classic Victorian-style duplex, presenting an exceptional investment opportunity. The property features hardwood floors and original woodwork. A spacious, unfinished third level offers expansion potential. The property includes a two-car garage. Located in a prime Minneapolis location, the duplex is minutes from downtown. It is suitable for investors seeking steady rental income or owner-occupants looking to offset mortgage costs with rental revenue. Each unit has separate utilities. Currently, one unit is rented at market rate, and the other unit is ready for an owner-occupant or for a new tenant. The property size is 2259 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.2894436
    Latitude
    45.0119727

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    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex with hardwood floors, original woodwork, prime location.
    Where is this duplex located?
    The property is located at 735 31St Ave N Minneapolis, MN.
    What is the asking price?
    The asking price for this property is $334,900.
    What are key features of this property?
    This property features: - Prime Minneapolis location, minutes from downtown.; - Excellent investment opportunity with potential for steady rental income.; - Option for owner-occupancy to offset mortgage costs with rental income.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    735 31St Ave N Minneapolis, MN 55411
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