3536 Pillsbury Avenue S, Minneapolis, MN 55408

$445,000
Property Type: Multi-Family Bedrooms: 6 Baths: 2 Square Footage: 2,800 Lot Size (sq. ft.): 6,680 Status: Closed
Current Price: $445,000 List Date: 6/07/2025 Last Modified: 7/09/2026

Overview

Description

** HIGHEST & BEST DUE BY 4PM ON SUN, JUNE 15** Updated duplex with identical 3 bedroom layouts. Amazing opportunity for an owner-occupant! Long-term renter in one unit (3538 side) and second unit (3536 side) open immediately for rental or owner. Each unit has 2 large bedrooms (can accommodate a queen/king) with large closets on 1st floor with an extra large finished bedroom/family room in basement. Units have separate basements with separate utilities billed to tenants. Large, fenced in yard on extra-deep lot. 3 off street parking spots and large storage shed (2016). New central AC in both units (2019). Newer roof (2015). Radon system in both units (2016). Drain tile system installed (2016, proactively installed due to grade not previous flooding). Units are side-by-side but insulation was added between by a previous owner.

Listing Details MLS# 6734991

General Property Information

Lot Measurement
Square Feet
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1960
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1400
Above Ground SqFt
1400
Below Grd Total SqFt
1400
Total SqFt
2800
Foundation Size
2048
Lot Size SqFt
6680
Style
(MF) Duplex Side X Side
Total Finished Sqft
2050.00
Power Company
Xcel Energy
Lot Dimensions
40x167
Assessment Pending
No
Garage Stalls
0

Property Features

Accessible: None Assumable Loan: Yes w/ Qualifying Basement: Full Construction Status: Previously Owned Existing Financing: FHA Exterior: Brick/Stone; Stucco Fencing: Chain Link; Wood Financing Terms: Other Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Internet Options: Fiber Optic Owner Pays: Insurance; Maintenance/Repair; Sewer; Taxes; Trash Collection; Water Parking Characteristics: Driveway - Shared; Storage Rental License Type: Standard Roof: Asphalt Shingles Sellers Terms: Assumable; Cash; Conventional; Conventional Rehab; FHA; FHA Rehab 203k; VA Sewer: City Sewer/Connected Stories: One Tenant Pays: Electricity; Fuel Unit 1 Appliances: Cooktop; Dishwasher; Dryer; Exhaust Fan/Hood; Freezer; Range; Refrigerator; Washer Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Central Unit 1 Dining Room Description: Eat In Kitchen; Living/Dining Room Unit 2 Appliances: Cooktop; Dishwasher; Dryer; Exhaust Fan/Hood; Freezer; Range; Refrigerator; Washer Unit 2 Bath Description: Main Floor Full Bath Unit 2 Cooling: Central Unit 2 Dining Room Description: Eat In Kitchen; Living/Dining Room Water: City Water/Connected

Contract Information

Off Market Date
2025-07-01
Contingency
None
Closed Date
2025-07-07
Original List Price
444900
ListPrice
444900
Sales Close Price
445000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
3536
Street Name
Pillsbury
Street Suffix
Avenue
Street Direction Suffix
S
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55408
Complex/Dev/Subdivision
Park Add

Assessments

Tax With Assessments
7842
Assessment Balance
0

Building Information

Finished SqFt Above Ground
1400
Finished SqFt Below Ground
650

More Information

Income and Expenses

Annual Gross Expenses
28000
Annual Gross Income
42000
Annual Insurance Expense
1400
Annual Maintenance Expense
500
Annual Repair Expense
500
Annual Trash Expense
900
Annual Water/Sewer Expense
900
Total Annual Expenses
2800
Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
03
Township#
28

Unit 1

Furnished?
No
Lease Expiration Date
2026-05-31
Leased?
Yes
Unit Number
Yes
Annual Rent
21000
Finished SqFt
1025
Full Baths
Yes
Monthly Expense
75
Monthly Rent
1750
No. of Units Like This
Yes
Oth Parking Spaces
2
Total Baths
Yes
Total Bedrooms
3
Total Rooms
7

Unit 2

Furnished?
No
Leased?
No
Unit Number
2
Annual Rent
21000
Finished SqFt
1025
Full Baths
Yes
Monthly Expense
75
Monthly Rent
1750
No. of Units Like This
Yes
Oth Parking Spaces
2
Total Baths
Yes
Total Bedrooms
3
Total Rooms
7

Unit Details

Total Units
2

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
LOT 010 BLOCK 004 PARK ADDN TO MPLS LOT 10 AND ADJ 20 FT OF PILLSBURY AVE VAC
Listing City
Minneapolis
Map Page
120
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
4329
Property ID Number
0302824310111
Tax Year
2025
Tax Amount
7842
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
** HIGHEST & BEST DUE BY 4PM ON SUN, JUNE 15** Updated duplex with identical 3 bedroom layouts. Amazing opportunity for an owner-occupant! Long-term renter in one unit (3538 side) and second unit (3536 side) open immediately for rental or owner. Each unit has 2 large bedrooms (can accommodate a queen/king) with large closets on 1st floor with an extra large finished bedroom/family room in basement. Units have separate basements with separate utilities billed to tenants. Large, fenced in yard on extra-deep lot. 3 off street parking spots and large storage shed (2016). New central AC in both units (2019). Newer roof (2015). Radon system in both units (2016). Drain tile system installed (2016, proactively installed due to grade not previous flooding). Units are side-by-side but insulation was added between by a previous owner.
Directions
Exit 35W at 35th Street Exit, Proceed on 35th street, Turn left on Pillsbury Ave S.

Accessible

None
Yes

Assumable Loan

Yes w/ Qualifying
Yes

Basement

Full
Yes

Construction Status

Previously Owned
Yes

Existing Financing

FHA
Yes

Exterior

Brick/Stone
Yes
Stucco
Yes

Fencing

Chain Link
Yes
Wood
Yes

Financing Terms

Other
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Internet Options

Fiber Optic
Yes

Owner Pays

Insurance
Yes
Maintenance/Repair
Yes
Sewer
Yes
Taxes
Yes
Trash Collection
Yes
Water
Yes

Parking Characteristics

Driveway - Shared
Yes
Storage
Yes

Rental License Type

Standard
Yes

Roof

Asphalt Shingles
Yes

Sellers Terms

Assumable
Yes
Cash
Yes
Conventional
Yes
Conventional Rehab
Yes
FHA
Yes
FHA Rehab 203k
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Stories

One
Yes

Water

City Water/Connected
Yes

No. of Ranges

Two
Yes

No. of Refrigerators

Two
Yes

Tenant Pays

Electricity
Yes
Fuel
Yes

Unit 1 Appliances

Cooktop
Yes
Dishwasher
Yes
Dryer
Yes
Exhaust Fan/Hood
Yes
Freezer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 1 Bath Description

Main Floor Full Bath
Yes

Unit 1 Cooling

Central
Yes

Unit 1 Dining Room Description

Eat In Kitchen
Yes
Living/Dining Room
Yes

Unit 2 Appliances

Cooktop
Yes
Dishwasher
Yes
Dryer
Yes
Exhaust Fan/Hood
Yes
Freezer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 2 Bath Description

Main Floor Full Bath
Yes

Unit 2 Cooling

Central
Yes

Unit 2 Dining Room Description

Eat In Kitchen
Yes
Living/Dining Room
Yes
IDX
Listing Office: HomeAvenue Inc
Last Updated: July - 09 - 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.
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