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Paul Erickson

paul@erickson.realestate +1(507) 430-2343

$ 225,000

Est. payment | -/mo

1 Bed

1 Bath

567 SqFt

Save Virtual Tour

$ 225,000

Est. payment | -/mo

Save Virtual Tour

1 Bed

1 Bath

567 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 567 sqft

Price per Sqft $396

Subdivision C F E Peterson Co Nokomis Park

MLS Listing ID 7024332

Bedrooms 1

Full Baths 1

Year Built 1924

Annual Tax Amount $2,790

Tax Year 2025

Contingent None

Lot Dimensions 42x149

Property Sub-Type Single Family

Property Description

Secure your foothold in one of Minneapolis's most coveted neighborhoods! This sun-filled rambler offers a rare combination of immediate cash flow and long-term equity growth. Located just blocks from the scenic Lake Nokomis, this property is a turnkey addition to any portfolio or a perfect "buy now, move in later" opportunity for a future homeowner. Property is currently rented. Lease end date is 10/1/2026.

Location

State MN

County Hennepin

Zoning Residential-Single Family

Rooms

Basement Full

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Appliance Dryer, Gas Water Heater, Range, Refrigerator, Washer

Laundry Lower Level

Exterior

Parking Features Detached Garage

Garage Spaces 1.0

Fence Chain Link

Pool None

Roof Type Asphalt

Building

Lot Description Tree Coverage - Light

Story One

Foundation 532

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

New Construction false

Schools

School District Minneapolis

Others

Virtual Tour https://listing.millcityteam.com/ut/5409_31st_Ave_S.html

Listed by Kyle Anderson • eXp Realty

Schools and Properties Nearby

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+1(507) 430-2343

paul@erickson.realestate

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5409 31st AVE S Minneapolis, MN 55417