3108 Elliot Avenue, Minneapolis, MN 55407
- 9 beds |
- 3 baths |
- 3,052 sqft
Triplex 
Built in 1894 
4,792sqft lot
—— car garage 
$172/sqft 
Listed 3 months ago
Property Description
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.
- Listing Status:
- Active
- Data Last Updated:
- June 19, 2026 at 7:18PM
- Listing Office:
- Edina Realty, Inc. : 952-892-7000
- MLS ID:
- 7024111
- General: Stucco
- Parking: Shared Driveway
- General: More Than 2 StoriesStone
- Originating MLS: northstar
- School District: Minneapolis
- County: Hennepin
- Zoning: 0202824210099
- Water: City Water/Connected
- Sewer: City Sewer/Connected
- Source: northstar
This listing courtesy of Edina Realty, Inc.
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
