3031 12th Avenue S
Minneapolis, MN 55407
$370,000 - 64
Very well cared for duplex with additional rental space in basement (this space is technically classified as part of the main floor space). Stable tenants-great rental history-virtually no vacancies in the past 10 years. Updated kitchens, hardwood floors, excellent layout. Enclosed front porch entry/vestibule for first and 2nd floor units. Enclosed front porch entry/laundry room provides access to all 3 floors. Terrific fully fenced in yard-great for kids or pets. Super walkable- 2 blocks to Powderhorn Park and 3 blocks to Mercardo Central and a multitude of other retail.
Listing Courtesy of: Edina Realty, Inc.
612-590-6338
Buyer Represented by: Bridge Realty, LLC
| Listing Id: | 7125901 |
|---|---|
| List Price: | $350,000 |
| Close Price: | $370,000 |
| Close Date: | 2026-09-22 |
| Property Type: | Residential Income |
| Property Sub Type: | Duplex Up and Down |
| Status: | Closed |
| Bedrooms Total: | 7 |
| Bathrooms Full: | 3 |
| Bathrooms Three Quarter: | 0 |
| Bathrooms Half: | 0 |
| Bathrooms One Quarter: | 0 |
| Living Area: | 2,712 |
| Tax Annual Amount: | $5,524 |
| Waterfront?: | No |
| City: | Minneapolis |
| Neighborhood: | 64 |
| County Or Parish: | Hennepin |
| Subdivision Name: | Tingleys Add |
| Postal Code: | 55407 |
| Year Built: | 1916 |
| Number Of Units Total: | 3 |
| Above Grade Finished Area: | 2,155 |
| Accessibility Features: | None |
| Association Amenities: | Laundry, Common Garden, Other |
| Basement: | Yes |
| Basement: | Egress Window(s), Finished, Kitchenette, Other, Single Tenant Access |
| Bathrooms Total Integer: | 3 |
| Below Grade Finished Area: | 557 |
| Building Area Total: | 2848 |
| Construction Materials: | Frame |
| Directions: | Take either Lake St or 31st west of Bloomington Ave to 12th |
| Electric: | Circuit Breakers, 100 Amp Service |
| Electric Expense: | $3,946 |
| Fencing: | Full, Privacy, Wood |
| Foundation Area: | 1,056 |
| Fuel Expense: | 1526 |
| Garage Spaces: | 2 |
| Gross Income: | $47,640 |
| Heating: | Baseboard, Forced Air |
| High School District: | Minneapolis |
| Insurance Expense: | $3,042 |
| Laundry Features: | Common Area, Electric Dryer Hookup, In Hall, Laundry Room, Main Level, Washer Hookup |
| Levels: | Two |
| Listing Contract Date: | 2026-08-18 |
| Living Area Units: | Square Feet |
| Lot Features: | Public Transit (w/in 6 blks), Tree Coverage - Light |
| Lot Size Area: | 0.12 |
| Lot Size Dimensions: | 42x122 |
| Lot Size Units: | Acres |
| Net Operating Income: | $18,975 |
| Assessment Pending: | Unknown |
| DPResource: | Yes |
| Expected Market Date: | 2026-08-21 |
| Foreclosure Status: | No |
| Fractional Ownership Yn: | No |
| Fuel: | Natural Gas |
| Garage Dimensions: | 20x20 |
| Garage Square Feet: | 413 |
| Lender Owned: | No |
| Owner Occupied: | No |
| Potential Short Sale: | No |
| Power Company: | Xcel Energy |
| Yearly/Seasonal: | Yearly |
| Number of Refrigerators: | One |
| School District Number: | 1 |
| School District Phone: | 6126680000 |
| Shared Rooms: | Other |
| Tax With Assessments: | $5,757 |
| Other Expense: | $4,000 |
| Owner Pays: | All Utilities, Electricity, Exterior Maintenance, Gas, Heat, Hot Water, HVAC Maintenance, Insurance, Grounds Care, Repairs, Sewer, Snow Removal, Taxes, Trash Collection |
| Parcel Number: | 0202824120062 |
| Parking Features: | Detached Garage, Gravel, Garage Door Opener |
| Pool Features: | None |
| Postal City: | Minneapolis |
| Public Survey Range: | 24 |
| Public Survey Section: | 02 |
| Public Survey Township: | 28 |
| Road Frontage Type: | City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer |
| Road Responsibility: | Public Maintained Road |
| Roof: | Age 8 Years or Less, Architectural Shingle, Pitched |
| Sewer: | City Sewer/Connected |
| State Or Province: | MN |
| Tax Year: | 2026 |
| Tenant Pays: | None |
| Topography: | Level |
| Water Sewer Expense: | $2,734 |
| Water Source: | City Water/Connected |
| Township: | Minneapolis |
| Above Grade Sq Ft Total: | 2210 |
| Below Grade Sq Ft Total: | 638 |
| Main Level Finished Area: | 1154 |
| Patio Porch Type: | Front Porch, Rear Porch |
| Pending Timestamp: | 2026-08-26 |
| Total Area: | 2,848 |
| Exterior Features: | Stucco, Wood |
| Foundation Details: | Block |
| School District Full Name: | 1 - Minneapolis |
Mortgage Calculator
The data on this website relating to real estate for sale comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota.
All information provided is deemed reliable but is not guaranteed and should be independently verified. The properties displayed may not be all of the properties available through the IDX Program. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing or leasing. Real estate listings held by brokerage firms other than the publisher of this website are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor the site owner shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Regional Multiple Listing Service of Minnesota, Inc data last updated on October 08, 2026 04:16 PM - CT
Based on information submitted to the MLS GRID as of October 08, 2026 04:16 PM - CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Some listings have been excluded from this website.
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
Property Last Updated: October 08, 2026 04:16 PM - CT
