3118 Newton Avenue NMinneapolis, MN 55411
$339,000
4 bedrooms · 2 bathrooms · 1,730 finished sq ft · 0.12 acre lot
About this home
UP TO $97,000 IN POTENTIAL HOMEBUYER ASSISTANCE MAY BE AVAILABLE — PLUS $3,400/MONTH IN CURRENT RENTAL INCOME! Eligible owner-occupants may have access to multiple homebuyer assistance programs, potentially including up to $45,000 through the Advancing Black Homeownership Community Fund, up to $32,000 in first-generation assistance, and up to $20,000 through the City of Minneapolis, subject to individual eligibility, available funding and program requirements. Not all programs may be combined. Both units are currently leased with $3,400/month in combined rental income. The lower level offers additional finished space, a framed bedroom area and rough-ins for a future kitchen and bathroom, creating potential for additional value. Buyer to verify zoning, permits, code compliance and permitted use with the City of Minneapolis. An opportunity to combine rental income with potentially substantial homebuyer assistance.
Home facts
- Home type
- Multi-family home
- Style
- Duplex
- Year built
- 1914
- Bedrooms
- 4
- Bathrooms
- 2
- Finished sq ft
- 1,730
- Lot
- 0.12 acres
- Garage
- 1 stalls
- Basement
- Unfinished
- Heating
- Natural Gas
- Property taxes
- $3,603 a year
- Listed
- October 17, 2026
- MLS number
- 7161680
Listing courtesy of Coldwell Banker Realty (Mark D. Heinzman). MLS #7161680.
© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
Keller Williams Preferred Realty participates in Regional MLS’s Broker Reciprocity℠ program, allowing us to display other brokers’ listings on our site. However, Keller Williams Preferred Realty displays only listings located in the Minnesota communities covered on this website. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Listing data last updated November 3, 2026 at 10:01 PM (Central). Use of listing data is subject to the license agreement. Open House information is subject to change without warning.
How it compares
3118 Newton Avenue N, Minneapolis, MN 55411 is a 4-bedroom multi-family home built in 1914 in Jordan, listed for $339,000 on October 17, 2026 by Coldwell Banker Realty. That is in the middle range of the 182 multi-family homes for sale in Minneapolis right now (median $399,900; $196 per square foot here against $170 for the group). That works out to $196 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 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.
- Jordan, 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.
Compare
Similar homes for sale in Minneapolis
$339,0002542 Garfield Avenue, Minneapolis, MN 55405MLS #7142239Listing courtesy of DRG
$339,9003824 Thomas Avenue N, Minneapolis, MN 55412MLS #7146922Listing courtesy of Action Plus Realty, Inc
$335,0002125 N 6th Street, Minneapolis, MN 55411MLS #7109359Listing courtesy of Ruby Realty
$344,0001076 25th Avenue SE, Minneapolis, MN 55414MLS #7144995Listing courtesy of RE/MAX Results
$330,0002115-2117 Aldrich Avenue N, Minneapolis, MN 55411MLS #7164292Listing courtesy of RE/MAX Results
$329,9003609 E 42nd Street, Minneapolis, MN 55406MLS #7162686Listing courtesy of Keller Williams Realty Integrity Lakes