3339 Aldrich Avenue N, Minneapolis, MN 55412 (MLS# 7151063)

3339 Aldrich Avenue N, Minneapolis, MN 55412

$275,000

Welcome home to 3339 Aldrich! The front porch is a private porch for the lower level.

Spacious Ground Floor Kitchen with view of Backyard

Unit 1 Spacious Kitchen with a big pantry

Another view of Porch - great area to sit outside and view the street

New floors and freshly painted upper unit

Upper level bathroom with new floors and freshly painted

Large bedroom #1 with newly sanded and polished hardwood floors

Bedroom #2 with newly sanded and polished hardwood floors

Unit 2 Separate Private Back Entrance and backyard of house

Close to buslines and downtown Minneapolis

Right across street from Lowry Avenue bridge

Bedroom #1 with newly sanded and polished floors

Bedroom #2 with newly sanded and polished floors

Property Type: Multi-Family Bedrooms: 4 Baths: 2 Square Footage: 1,700 Lot Size (sq. ft.): 6,098 Status: Active

Current Price: $275,000 List Date: 9/27/2026 Last Modified: 10/08/2026

Overview

Description

Welcome to this income-producing duplex! The lower unit is designed with the owner-occupant in mind. It features a spacious layout, hardwood floors, large kitchen and 2 nice porch areas. The upper unit presents an exceptional opportunity for generating income. With its separate entrance and distinct living space, it offers privacy and independence. Investors will appreciate its potential for rental income. This property recently completed MPLS lead abatement program with $40k improvements in new windows, paint projects, etc. In addition, new roof in 2019 and new garage doors installed 2023. With separate utilities, each unit offers independent control and cost management. Conveniently located in Mpls, residents will enjoy easy access to public transportation, parks, and downtown, while maintaining a peaceful neighborhood atmosphere. The property's income-generating potential, coupled with its desirable features and separate utilities, makes it an excellent investment opportunity.

Listing Details MLS# 7151063

General Property Information

# Carport Spaces: 2
Lot Measurement: Acres
Multiple PIDs?: Yes
Owner Occupied: No
Waterfront YN: No
Year Built: 1898
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 989
Above Ground SqFt: 1700
Total SqFt: 1700
Foundation Size: 989
Style: (MF) Duplex Up and Down
Total Finished Sqft: 1700.00
Garage Stalls: 2
Lot Dimensions: 46x126
Acres: 0.14
Assessment Pending: No

Property Features

Accessible: None Basement: Partial Construction Status: Previously Owned Electric: 100 Amp Service Exterior: Metal; Vinyl; Wood Foundation: Combination Fuel: Natural Gas Heating: Forced Air Laundry: Gas Dryer Hookup; In Basement; Washer Hookup Lot Description: Public Transit (w/in 6 blks) Owner Pays: Insurance; Taxes; Trash Collection Rental License Type: Standard Road Frontage: City Street Roof: Asphalt Shingles Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity; Gas Unit 1 Amenities: Hardwood Floors; Main Floor Primary Bedroom; Natural Woodwork; Patio; Porch Unit 1 Appliances: Cooktop; Freezer; Range; Refrigerator Unit 1 Bath Description: Upper Level Full Bath Unit 1 Cooling: None Unit 1 Dining Room Description: Eat In Kitchen; Kitchen/Dining Room Unit 1 Family Room Characteristics: Main Level Unit 1 Special Search: Main Floor Bedroom Unit 2 Amenities: Hardwood Floors; Natural Woodwork Unit 2 Appliances: Cooktop; Freezer; Refrigerator Unit 2 Bath Description: Upper Level Full Bath Unit 2 Cooling: None Unit 2 Dining Room Description: Eat In Kitchen; Living/Dining Room Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 275000
ListPrice: 275000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 3339
Street Name: Aldrich
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55412

Additional Parcels Information

Property ID #2: 4694

Assessments

Tax With Assessments: 4694

More Information

Building Information

Finished SqFt Above Ground: 1700

Income and Expenses

Annual Gross Income: 36000
Annual Insurance Expense: 1500
Annual Maintenance Expense: 1000
Annual Net Income: 29000
Annual Trash Expense: 500
Annual Water/Sewer Expense: 1500
Total Annual Expenses: 7000

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Door Height: 7
Garage Door Width: 8
Garage Square Feet: 350

Unit 1

Furnished?: No
Lease Expiration Date: 2026-10-31
Leased?: Yes
Unit Number: Yes
Annual Rent: 19200
Finished SqFt: 1000
Full Baths: Yes
Monthly Expense: 100
Monthly Rent: 1600
No. of Units Like This: Yes
Oth Parking Spaces: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 5

Unit 2

Furnished?: No
Leased?: No
Unit Number: 2
Annual Rent: 17400
Finished SqFt: 690
Full Baths: Yes
Monthly Expense: 100
Monthly Rent: 1500
No. of Units Like This: Yes
Oth Parking Spaces: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 5

Unit Details

Total Units: 2

Listing Office: Howard Gangestad Real Estate

Last Updated: October - 08 - 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.

3339 Aldrich Avenue N, Minneapolis, MN 55412 (MLS# 7151063)