3116 17th Avenue S, Minneapolis, MN 55407 (MLS# 7155261)

3116 17th Avenue S, Minneapolis, MN 55407

New Listing
$435,000
Property Type: Multi-Family Bedrooms: 5 Baths: 2 Square Footage: 3,647 Lot Size (sq. ft.): 5,227 Status: Active
Current Price: $435,000 List Date: 10/05/2026 Last Modified: 10/07/2026

Overview

Description

Hurry! Assumable FHA loan with a 3.25% interest rate, subject to buyer qualification and lender approval! This charming, up/down duplex in South Minneapolis's Powderhorn Park neighborhood offers an excellent opportunity for an owner-occupant, investor, or a combination of both. Beautiful, refinished hardwood floors and stained-glass windows showcase the property's charm and character, complemented by freshly painted kitchen cabinets on the main floor. Updates include newer Marvin windows, a newer roof, new basement glass block windows, fresh air intakes, and an added sound barrier between units. Separate utilities, two storage rooms, and shared basement laundry offer everyday convenience. Enjoy a fenced backyard, two-car detached garage, and convenient access to Powderhorn Park and Lake, the recreation center, and the dining and shopping options at Midtown Global Market.

Listing Details MLS# 7155261

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1908
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1009
Above Ground SqFt
2638
Below Grd Total SqFt
1009
Total SqFt
3647
Foundation Size
1009
Style
(MF) Duplex Up and Down
Total Finished Sqft
2638.00
Power Company
Xcel Energy
Garage Stalls
2
Lot Dimensions
42x122
Acres
0.12
Assessment Pending
No

Property Features

Accessible: None Assumable Loan: Not Assumable; Yes w/ Qualifying Basement: Full Construction Materials: Frame Construction Status: Previously Owned Electric: Circuit Breakers Existing Financing: FHA Exterior: Wood Fencing: Chain Link; Full; Wood Foundation: Brick/Mortar Fuel: Natural Gas Heating: Hot Water Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Light Owner Pays: Broadband; Insurance; Maintenance/Repair; Taxes; Trash Collection; Water Rental License Type: Other Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Storm Sewer; Street Lights Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Asphalt Shingles Sellers Terms: Assumable; Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Tenant Pays: Cable TV; Electricity; Fuel Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
435000
ListPrice
435000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
3116
Street Name
17th
Street Suffix
Avenue
Street Direction Suffix
S
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55407
Complex/Dev/Subdivision
Powder Horn Park Add

Assessments

Assessment Balance
243
Tax With Assessments
6274

Building Information

Finished SqFt Above Ground
2638

More Information

Income and Expenses

Annual Gross Income
41400
Annual Maintenance Expense
1000
Annual Repair Expense
500
Annual Trash Expense
185
Annual Water/Sewer Expense
1650

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
23x20
Garage Door Height
6
Garage Door Width
16
Garage Square Feet
460

Public Survey Info

Range#
24
Section#
02
Township#
28

Unit 1

Furnished?
No
Leased?
No
Unit Number
Yes
Annual Rent
16200
Finished SqFt
988
Full Baths
Yes
Monthly Rent
1350
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
4

Unit 2

Furnished?
No
Leased?
Yes
Level
2nd Level
Unit Number
2
Annual Rent
25200
Finished SqFt
1612
Full Baths
Yes
Monthly Rent
2100
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
4
Total Rooms
7

Unit Details

Total Units
2
IDX
Listing Office: LaBelle Real Estate Group Inc
Last Updated: October - 07 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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