Savvy Avenue
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Street View
$525,000
Monthly Est:$2,613
9 Beds
3 Baths
3,052sqft
3108 Elliot Ave, Minneapolis, MN 55407
$525,000
$2,613/moEst:
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Triplex
Built in 1894
$-- HOA
4,792 sqft lot
$172/sq.ft
Description
Rare opportunity to acquire a tri-plex with below-market financing! 2.5% ASSUMABLE LOAN – SAVE $700-$800/MO/$9000 ANNUALLY vs today’s rates. Buyer can assume approx. $432K at 2.5% creating a dramatically lower monthly payment than current market financing. Additional income from coin-operated laundry. Major capital improvements including NEW ROOF (2025), new sewer line (2024), updated electrical, boiler and chimney brought up to code. Fully rented triplex with separate gas and electric, hardwood floors, abundant natural light, basement storage, on-site laundry, PRIVATE OFF-STREET PARKING, and a backyard space. Located 2 blocks from 66-acre Powderhorn Park (with central lake, recreational facilities and trails) and 3 miles from downtown Mpls, offers walkability to local cafes, restaurants, and shops which supports consistent tenant demand. Showings require 24 hour notice.
- Houzeo last checked: 10 hours ago
- Listing updated: October 7, 2026 at 4:13 pm
- Listing Provided by: Melanie Swensen (651) 788-3764 | Edina Realty, Inc. (952) 432-0000
- Source: Northstar MLS-MN | MLS#: 7024111
Part of
Property Details
Status
Pending
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1894
HOA Fees
-
Finished Area
3,052 sqft
Lot Size
4,792 sqft lot
Basement Area
- sqft
MLS Name
Northstar MLS
MLS Number
7024111
Days on Market
206
Cumulative Days on Market
161
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 3
Interior
Exterior Features
Stucco
Sewer
City Sewer/connected
Heating
Baseboard, Boiler
Construction
Year Built
Year Built: 1894
Home type
Triplex
Foundation Details
Stone
Utilities & Energy
Basement
Block, Storage Space
Laundry Features
In Basement, Common Area
Parking Features
Shared Driveway
Water Source
City Water/connected
Other Features
Subdivision Name
The Erastus Byers Add
Price History
| Date | Event | Price |
|---|---|---|
10/07/2026 Source: | Pending | $525,000 $172/sqft |
05/05/2026 Source: | Price Decreased | $525,000 -4.55% $172/sqft |
03/25/2026 Source: | Listed for Sale | $550,000 +15.79% $180/sqft |
12/31/2022 Source: | Sold | $475,000 +51.61% $156/sqft |
03/31/2022 Source: | Price Increased | $313,300 +2.72% $103/sqft |
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Getting Around 3108 Elliot Ave
Bike Score®
Biker's Paradise
98/100
Walk Score®
Very Walkable
89/100
Transit Score®
Good Transit
60/100
Data provided by Redfin
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Based on information submitted to the MLS GRID from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC through Oct 09, 2026, 02:31PM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. 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. All data is obtained from various sources and may not have been verified by the 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.
Information deemed reliable but not guaranteed. The property data presented reflects information otherwise available from public records. The real estate broker participating in MLS and providing this information may not have represented the buyer or seller in some or all of the transactions. Listings courtesy of Northstar MLS as distributed by MLS GRID. © 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Advertising Broker: Moe Mossa (Savvy Avenue) (612) 490-1268 | Savvy Avenue, LLC