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$419,900

  • For Sale
  • Active
  • Commercial
  • 7,167 Sq. Ft.
  • 0.15 Acres
See This Home
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Commercial mixed-use building with 10 parking stalls in the back. 4 apartments (3 1 beds & 1 studio), 2 commercial units, flat top, sitting in the heart of north Minneapolis.

Full Property Details for 3116 Emerson Ave N

General

  • Price: $419,900
  • Taxes: $7,981 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6826724
  • Updated: 12/12/2025
  • Added to Site: 37 day(s) ago

Interior

  • Appliances: Microwave, Range, Refrigerator
  • Flooring: Marble, Vinyl, Wood

Rooms

Bathrooms

  • Total Bathrooms: 7

Bedrooms

  • Total Bedrooms: 3

Parking

  • Parking Features: Open

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Silver Lake Add
  • Neighborhood: 31
  • Driving Directions: On the corner of Lowery and Emerson

School Information

  • School District: 558 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Separate

Structural Information

  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Partially Finished, Shared Access
  • Foundation Size: 2553
  • Roof: Flat
  • Disability Access: Doors 36"+, Other
  • Square Feet: 7,167
  • Finished Down/Base.: 7,167 Sq. Ft.
  • Current Bldg. Use: Beauty/Barber Shop, Church, Residential
  • Year Built: 1907

Unit Information

  • Units w/Refrigerators: 4

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Dimensions: 52 x 127
  • Frontage: City Street, Sidewalks
  • Zoning: Business/Commercial
  • Lot Description: Irregular Lot
  • Fencing (Description): Chain Link

Financial Considerations

  • Operating Expenses: $36,978.83
  • Tax Amount: $7,981
  • Tax Year: 2025
  • Terms: Contract for Deed, Conventional, Cash, Other, Special Funding
  • Owner Pays: Exterior Maintenance, Gas, Hot Water, Insurance, Repairs, Roof Maintenance, Sewer, Snow Removal, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity
  • Pays Cable: Tenant Pays
  • Pays Electric: Tenant Pays
  • Pays Gas: Owner Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: BLOCK 009 SILVER LAKE ADDN TO MPLS N 6 2/3 FT OF LOT 24 AND ALL OF 25
  • Inclusions: Building, Leases
  • Property ID: 902924420025

Listed by ScaleUp CRE

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— 3116 Emerson Ave N —

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 3116 Emerson Ave N

School District:Minneapolis Public School District
NameGradesDistance
Nellie Stone Johnson Elementary School
807 North 27th Avenue, Minneapolis, MN 55411
PK-50.4 mi
Anwatin Middle Com & Spanish D I
256 Upton Avenue South, Minneapolis, MN 55405
6-82.9 mi
North Academy Senior High
1500 James Avenue North, Minneapolis, MN 55411
9-121.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3116 Emerson Ave N Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/12/2025
Listed
$419,900
9.06%
MLS
6/28/2019
Sold
$385,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3116 Emerson Ave N

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,981
29%
$243,000
13%
2023
$6,180
18%
$214,600
20%
2023
$5,246
-3%
$178,800
-33%
2020
$5,382
-1%
$265,500
5%
2019
$5,414
9%
$253,000
10%
2018
$4,951
-17%
$230,000
15%
2017
$5,931
—
$200,000
—
2016
$5,912
-5%
$200,000
—
2015
$6,223
-25%
$200,000
—
2014
$8,348
23%
$200,000
—
2013
$6,807
—
$200,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by ScaleUp CRE

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3116 Emerson Avenue N, Minneapolis, MN 55411 (MLS# 6826724) is a Commercial property. 3116 Emerson Avenue N is currently listed for $419,900 and was received on December 12, 2025. Want to learn more about 3116 Emerson Avenue N? Do you have questions about finding other Commercial real estate for sale in Near North? You can browse all Near North real estate or contact a Coldwell Banker agent to request more information.

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