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3118 Newton Avenue N, Minneapolis, MN 55411

$369,900

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Property Type: Multi-Family Bedrooms: 4 Baths: 2 Square Footage: 1,730 Lot Size (sq. ft.): 5,227 Status: Active

Current Price: $369,900 List Date: 4/04/2026 Last Modified: 7/22/2026

Overview

Description

Updated duplex offering excellent owner-occupant or investment opportunity. Each unit features 2 bedrooms and 1 bath. The lower level includes additional finished living space with plumbing in place for a future bathroom, providing expansion potential. Oversized garage, off-street parking, and hot tub included. Convenient location with easy access to downtown Minneapolis, parks, and amenities. Live in one unit and rent the other or add this income-producing property to your portfolio.

Listing Details MLS# 7029169

General Property Information

# Carport Spaces: 2
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: Yes
Waterfront YN: No
Year Built: 1914
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 1730
Above Ground SqFt: 1730
Total SqFt: 1730
Foundation Size: 870
Style: (MF) Duplex Side X Side
Total Finished Sqft: 1730.00
Garage Stalls: Yes
Lot Dimensions: Unknown
Acres: 0.12
Assessment Pending: No
Below Grd Total SqFt: 0

Property Features

Accessible: None Basement: Unfinished Construction Status: Previously Owned Exterior: Vinyl Foundation: Brick/Mortar Fuel: Natural Gas Heating: Boiler Sewer: City Sewer/Connected Stories: Two Unit 1 Appliances: Range; Refrigerator Unit 1 Cooling: Window Unit 2 Appliances: Dryer; Range; Refrigerator; Washer Unit 2 Cooling: Window Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 369900
ListPrice: 369900
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 3118
Street Name: Newton
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55411
Complex/Dev/Subdivision: Hamischs 3rd Add

Assessments

Tax With Assessments: 3603
Assessment Balance: 0

Basement

Foundation Dimensions: 41X127X41X127
Unfinished: Yes

More Information

Building Information

Finished SqFt Above Ground: 1730

Income and Expenses

Annual Fuel Expense: 3600
Annual Gross Expenses: 6900
Annual Gross Income: 40800
Annual Insurance Expense: 1800
Annual Water/Sewer Expense: 1500
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Total Annual Expenses: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: Yes

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 24
Section#: 09
Township#: 29

Unit 1

Furnished?: No
Leased?: Yes
Level: Main Level
Unit Number: Yes
Annual Rent: 20400
Finished SqFt: 860
Full Baths: Yes
Monthly Rent: 1700
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 6

Unit 2

Furnished?: No
Leased?: Yes
Level: 2nd Level
Unit Number: 2
Annual Rent: 21000
Finished SqFt: 860
Full Baths: Yes
Monthly Rent: 1750
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 6

Unit Details

Total Units: 2

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: LOT 026 BLOCK 001 HAMISCHS 3RD ADDN TO MPLS
Listing City: Minneapolis
Map Page: 92
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 1149
Property ID Number: 0902924320150
Tax Year: 2025
Tax Amount: 3603
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Updated duplex offering excellent owner-occupant or investment opportunity. Each unit features 2 bedrooms and 1 bath. The lower level includes additional finished living space with plumbing in place for a future bathroom, providing expansion potential. Oversized garage, off-street parking, and hot tub included. Convenient location with easy access to downtown Minneapolis, parks, and amenities. Live in one unit and rent the other or add this income-producing property to your portfolio.
Directions: Take Lowry to Newton. Go South. Home is on E side of Newton.

Accessible

None: Yes

Construction Status

Previously Owned: Yes

Exterior

Vinyl: Yes

Foundation

Brick/Mortar: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Unit 1 Appliances

Range: Yes
Refrigerator: Yes

Unit 1 Cooling

Window: Yes

Unit 2 Appliances

Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Cooling

Window: Yes

Listing Office: Coldwell Banker Realty

Last Updated: July - 22 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.