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$315,000 Just Listed

  • For Sale
  • Active
  • Duplex
  • 5 Beds
  • 2 Total Baths
  • 3,899 Sq. Ft.
  • 2 Car Garage
  • Updated 1 day ago
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Strong income potential in this duplex investment opportunity! Previously generating a combined $3,630/month in rental income, with the upper unit renting for $2,030/month and the main-level unit renting for $1,600/month. That represents $43,560 in potential gross annual rental income based on the previous rents. Both units offer the convenience of in-unit laundry, while an additional washer and dryer set in the unfinished basement provides even more flexibility for the property. A newer high-efficiency boiler adds to the property's appeal and efficiency. With two rentable units, separate laundry, a newer mechanical system, and a demonstrated rental history, this property offers an attractive opportunity for investors seeking strong income potential and long-term investment value.

Full Property Details for 3322 Stevens Ave

General

  • Price: $315,000
  • Taxes: $5,764 (2026)
  • Status: Active
  • Type: Duplex
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7144656
  • Updated: 10/1/2026
  • Added to Site: 4 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: In Basement, In Unit, In Basement, In Unit

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Detached Garage

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Bakers 2nd Add
  • Neighborhood: 48
  • Driving Directions: Lake Street to Stevens south to home

School Information

  • School District: 1 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

  • Heating Type: Baseboard, Boiler, Hot Water
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Basement: Yes
  • Basement Desc.: Unfinished
  • Foundation Size: 1005
  • Disability Access: None
  • Square Feet: 3,899
  • Above Ground: 3,565 Sq. Ft.
  • Below Ground: 334 Sq. Ft.
  • Finished Down/Base.: 3,899 Sq. Ft.
  • Year Built: 1900

Unit Information

  • Units w/Refrigerators: 2

Lot Features

  • Lot Size (Acres): 0.13
  • Lot Dimensions: 45.00 x 130.00
  • Zoning: Residential-Multi-Family

Financial Considerations

  • Tax Amount: $5,764
  • Tax Year: 2026
  • Terms: Conventional, VA, FHA, Cash
  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Gas, Heat
  • Pays Cable: Tenant Pays
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays
  • Pays Heat: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Special Conditions: Short Sale
  • Legal Description: LOT 006 BLOCK 014 BAKERS 2ND ADDN TO MPLS
  • Potential Short Sale: Yes
  • Property ID: 302824130099

Listed by RE/MAX Results

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— 3322 Stevens Ave —

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Schools serving 3322 Stevens Ave

School District:Minneapolis Public School District
NameGradesDistance
Lyndale Elementary School
312 West 34th Street, Minneapolis, MN 55408
PK-50.4 mi
Justice Page Middle School
1 West 49th Street, Minneapolis, MN 55419
6-82 mi
Washburn Senior High School
201 West 49th Street, Minneapolis, MN 55419
9-122 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3322 Stevens Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/28/2026
Listed
$315,000
32.35%
MLS
3/29/2024
Sold
$238,000
—
Public Record
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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 3322 Stevens Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,764
61%
$303,500
16%
2025
$3,571
—
$261,000
-8%
2023
$3,555
-1%
$283,000
—
2023
$3,599
—
$284,000
8%
2023
$3,599
11%
$262,000
18%
2020
$3,249
-3%
$222,180
—
2019
$3,350
17%
$222,180
18%
2018
$2,863
-3%
$188,390
—
2017
$2,938
-10%
$188,390
—
2016
$3,277
11%
$188,390
19%
2015
$2,949
1%
$158,960
8%
2014
$2,934
5%
$146,970
6%
2013
$2,794
—
$138,250
—
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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3322 Stevens Avenue, Minneapolis, MN 55408 (MLS# 7144656) is a Duplex property with 5 bedrooms and 0 full bathrooms. 3322 Stevens Avenue is currently listed for $315,000 and was received on September 28, 2026. Want to learn more about 3322 Stevens Avenue? Do you have questions about finding other Duplex real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.

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