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3229 Hennepin Ave S, Minneapolis, MN, 55408

5beds
2baths
2,940sqft
$479,900
$163price/sqft
$3,478/moest. monthly cost
$139,120/yrincome needed

About This Home

Up/Down Duplex in the heart of Uptown. Zoned OR1! Spacious and sun-filled units one with 3BR/1BA and one with 2BR/1BA. Hardwood throughout and tiled floor bathrooms, separate laundry inside each unit and 4 off-street covered parking spaces in a carport and 4 additional spots behind the cars. 8 total spots! Just repaved back area! 22x36 roof top patio on top of garage! Both units have updated kitchens with newer appliances, granite counters and Corian, and newer cabinetry. Newer mechanicals throughout. Property was just painted professionally and had new Gutter and Gutter Helmet installed. Owner is an Agent

Getting Around

86
WalkingVery Walkable
59
TransitGood Transit
93
BikeBiker's Paradise

Schools

6/10
3/10
North Academy Senior HighGrades 9-123.5 mi

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Age Over 8 Years,Asphalt,Pitched

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex Up and Down

Interior

Basement

  • Has basement: Yes
  • Basement: Daylight,Full

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,940

Heating

  • Heating features: Ductless Mini-Split,Hot Water

Interior Area

  • Total structure area: 4,410
  • Total interior livable area: 2,940 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 0402824130069
  • Foundation area: 1470

Features

  • Levels: Two

Lot

  • Lot size: 5,227 sqft
  • Lot size dimensions: 42 x 127

Parking

  • Total spaces: 8
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • Carport spaces: 4

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
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Hail
Heat Wave
Tornado

FEMA Declared Disasters in Hennepin County and Minnesota

Flood
Severe Storm
Straight Line Winds

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

MonthlyAnnual
Mortgage $2,426$29,112
Home Insurance *$366$4,392
Property Taxes $439$5,268
Electricity $247$2,975
Total$3,478$41,736
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$119,245/yr
40% on housing$104,340/yr
45% on housing$92,746/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

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.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$163This listing

vs Other Active Listings

Avg $/sqft

ZIP 55408$163
Hennepin County$211

vs Homes Sold Last Month

Median $/sqft

ZIP 55408$255
Hennepin County$207

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

DateEventPrice
2026-07-27Price change$479,900
2026-07-14Price change$499,900
2026-06-30Price change$509,900
2026-06-05Listed for sale$529,900
2025-03-14Listing removed$2,195
2025-02-21Listed for rent$2,195
2025-01-16Listing removed$2,195
2024-12-13Listed for rent$2,195
2024-11-23Listing removed$2,195
2024-10-14Listed for rent$2,195
2024-10-04Listing removed$2,175
2024-09-17Price change$2,195
2024-09-04Listed for rent$2,300
2024-08-22Listing removed$2,300
2024-08-13Listed for rent$2,375
2024-08-03Listing removed--
2024-07-19Listed for rent$2,375
2023-10-25Listing removed--
2023-10-04Listed for rent$2,175
2023-09-20Listing removed--
2023-09-11Price change$2,075
2023-08-30Listed for rent$2,195
2022-09-07Listing removed--
2022-08-08Listed for rent$2,195
2021-12-14Listing removed--

For Sale by Agent

AgentJason G Scott
BrokerageRayder Realty Group

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