349 15th Ave NE, Minneapolis, MN, 55413
About This Home
The perfect addition or start to your portfolio is here! This all-brick, 1958 built triplex features a rare 3-bedroom, 2-bathroom unit spanning the entire main floor, plus two 1-bedroom, 1-bathroom units on the upper level. All units have been nicely updated with stainless steel appliances, stone countertops, dishwasher in each unit, and numerous other improvements to ensure peak rental income. Currently generating almost $60k in annual income with room to grow. Coin laundry is available for shared use by all units. The roof, mechanicals, and windows are all in great condition and on the newer side, ensuring stress-free management and lower CapEx concerns. Located in the heart of NE Minneapolis, one of the most sought-after rental locations in the city ensures lower vacancy and turnover from day one.
Getting Around
Very Walkable
Some Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 1958
Materials
- Roof: Age 8 Years or Less,Asphalt,Pitched
- Construction materials: Brick,Frame
Type & Style
- Home type: MultiFamily
- Property subType: Triplex
Interior
Appliances
- Laundry features: Coin-op Laundry Owned
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
Features
- Finished area below ground: 0
- Finished area above ground: 2,748
Heating
- Heating features: Hot Water
Interior Area
- Total structure area: 3,060
- Total interior livable area: 3,060 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 1402924210003
- Zoning description: Residential-Multi-Family
- Foundation area: 1570
Features
- Levels: Two
- Pool features: None
- Fencing: None
- Topography of land: Level
Lot
- Lot size: 4,680 sqft
- Features: Tree Coverage - Light
- Lot size dimensions: 72 x 65
Parking
- Parking features: Concrete,Open
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hail
- Heat Wave
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Hennepin County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,958 | $35,496 |
| Home Insurance * | $418 | $5,016 |
| Property Taxes | $917 | $11,004 |
| Electricity | $258 | $3,097 |
| Total | $4,551 | $54,612 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-07 | Price change | $599,000 |
| 2026-04-17 | Listed for sale | $625,000 |
| 2022-10-13 | Listing removed | -- |
| 2022-10-07 | Price change | $1,399 |
| 2022-09-29 | Listed for rent | $1,499 |
| 2022-08-29 | Sold | $590,000 |
| 2022-07-28 | Pending sale | $575,000 |
| 2022-07-16 | Listed for sale | $575,000 |
| 2022-06-29 | Pending sale | $575,000 |
| 2022-06-27 | Listed for sale | $575,000 |
| 2021-04-20 | Listing removed | -- |
| 2021-04-07 | Price change | $1,850 |
| 2021-04-05 | Listed for rent | $1,925 |
| 2021-03-24 | Listing removed | -- |
| 2019-06-03 | Listing removed | $1,250 |
| 2019-05-29 | Listed for rent | $1,250 |
| 2013-08-20 | Listing removed | $140,000 |
| 2013-06-29 | Listed for sale | $140,000 |
| 2012-03-30 | Sold | $128,660 |
| 2012-01-28 | Price change | $140,000 |
| 2011-09-08 | Listed for sale | $175,000 |
| 2011-09-07 | Sold | $128,666 |
| 2002-03-22 | Sold | $324,900 |
| 1998-06-01 | Sold | $113,900 |
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