2915 N 3rd StreetMinneapolis, MN 55411
$305,000
4 bedrooms · 2 bathrooms · 1,776 finished sq ft · 0.1 acre lot
About this home
Exceptional investment opportunity in Minneapolis' growing Hawthorne neighborhood! This well-maintained duplex is ideal for both owner-occupants and investors seeking strong cash flow and long-term appreciation. Major updates completed in 2021-2022 include a new roof, furnace, water heater, walkway, stairs, and retaining wall, providing peace of mind and reduced maintenance costs for years to come. The property is currently generating solid rental income, with Unit 1 rented at $1,250/month and Unit 2 rented at $1,575/month. Located in an area experiencing significant reinvestment and growth, this property is surrounded by new development activity, including a brand-new construction duplex valued at approximately $450,000 being built next door. Additional new construction projects have recently been completed nearby, further enhancing the neighborhood's appeal and future value. Whether you're looking to live in one unit while offsetting your mortgage with rental income or add a stable, income-producing asset to your portfolio, this duplex offers a rare combination of cash flow, updates, and upside potential. Don't miss your chance to own in one of North Minneapolis' emerging neighborhoods!
Home facts
- Home type
- Multi-family home
- Style
- Duplex
- Year built
- 1906
- Bedrooms
- 4
- Bathrooms
- 2
- Finished sq ft
- 1,776
- Lot
- 0.1 acres
- Garage
- 2 stalls
- Basement
- Block
- Heating
- Electric, Natural Gas, Forced Air
- Property taxes
- $3,893 a year
- Listed
- June 11, 2026
- MLS number
- 7080138
Listing courtesy of Keller Williams Realty Integrity Lakes (Hosie). MLS #7080138.
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How it compares
2915 N 3rd Street, Minneapolis, MN 55411 is a 4-bedroom multi-family home built in 1906 in Hawthorne, listed for $305,000 on June 11, 2026 by Keller Williams Realty Integrity Lakes. That is in the lower quarter of the 182 multi-family homes for sale in Minneapolis right now (median $399,900; $172 per square foot here against $170 for the group). That works out to $172 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 9:09 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Minneapolis community guideSchools, commutes, parks, home values and local stories.
- Hawthorne, MinneapolisThe neighborhood guide: homes, history, parks and market numbers.
- Minneapolis housing market, September 2026Homes sold for a median $353,500 over 12 months (+2.5%), 54 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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