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$499,000 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 6 Beds
  • 3 Total Baths
  • 3,535 Sq. Ft.
  • Updated 2 days ago
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A rare opportunity to own two separate homes on one lot in the heart of Minneapolis! Ideal for an owner-occupant seeking more privacy than a traditional duplex, the main home and second home are completely separate residences, creating an excellent setup for multigenerational living, rental income, or a home office. The main home features classic Minneapolis charm with beautiful newly refinished hardwood floors, four bedrooms, a finished basement, and thoughtful updates throughout. The kitchen includes partial marble countertops, while the bathroom features a Jacuzzi tub. Major improvements include new siding and a new roof (2025), drain tile and sump pump, and a radon mitigation system, providing added value and peace of mind. The second home is a charming 1½-story, two-bedroom residence with a newer furnace and water heater, offering excellent flexibility for rental income, guests, extended family, or a private workspace. Whether you're looking to offset your mortgage with rental income, invest, or create a flexible living arrangement, this unique property offers exceptional potential in a desirable Minneapolis location.

Full Property Details for 3431 Elliot Ave

General

  • Price: $499,000
  • Taxes: $5,211 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7106433
  • Updated: 7/9/2026
  • Added to Site: 3 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 6

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Porterfields Add
  • Neighborhood: 64
  • Driving Directions: Use GPS

School Information

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

Heating & Cooling

  • Heating Type: Boiler
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Finished
  • Foundation Size: 1163
  • Disability Access: None
  • Square Feet: 3,535
  • Above Ground: 3,192 Sq. Ft.
  • Below Ground: 343 Sq. Ft.
  • Finished Down/Base.: 3,535 Sq. Ft.
  • Year Built: 1907

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Dimensions: 40 x 124
  • Zoning: Residential-Multi-Family

Financial Considerations

  • Tax Amount: $5,211
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: LOT 014 BLOCK 003 PORTERFIELDS ADDN TO MPLS
  • Property ID: 202824310174

Listed by Pemberton RE

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— 3431 Elliot Ave —

  • Pemberton RE

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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 3431 Elliot Ave

School District:Minneapolis Public School District
NameGradesDistance
Bancroft Elementary School
3829 13th Avenue South, Minneapolis, MN 55407
PK-50.6 mi
Andersen Community
1098 Andersen Lane, Minneapolis, MN 55407
6-80.9 mi
South Senior High School
3131 19th Avenue South, Minneapolis, MN 55407
9-120.9 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 3431 Elliot Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/08/2026
Listed
$499,000
40.56%
MLS
11/30/2021
Sold
$355,000
—
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 3431 Elliot Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,569
7%
$372,900
2%
2025
$5,211
8%
$364,000
-3%
2023
$4,830
4%
$374,000
4%
2023
$4,645
-2%
$358,000
10%
2020
$4,745
8%
$326,275
11%
2019
$4,397
16%
$293,030
17%
2018
$3,781
6%
$249,975
9%
2017
$3,560
1%
$229,265
4%
2016
$3,529
6%
$220,000
12%
2015
$3,316
3%
$196,565
10%
2014
$3,224
6%
$178,035
6%
2013
$3,054
—
$167,680
—
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 Pemberton RE

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3431 Elliot Avenue, Minneapolis, MN 55407 (MLS# 7106433) is a Townhouse property with 6 bedrooms and 0 full bathrooms. 3431 Elliot Avenue is currently listed for $499,000 and was received on July 08, 2026. Want to learn more about 3431 Elliot Avenue? Do you have questions about finding other Townhouse 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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