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Hatch Brokered by Real

| Hatch Brokered by Real | Real Brokerage LLC | PLACE

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3024 Chicago Ave , Minneapolis, MN 55407
$579,000
Est. Payment: $2,991.39/mo
5 Bed
3 Bath
2775 Sqft
Status: Active | Days on site: 135
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26013 - 506015287,502053059
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House Description

Rare opportunity to own a highly unique piece of Minneapolis history — this 1908 triplex at 3024 Chicago Avenue has been held by the same family since it was built, now offered to the public for the very first time. 3024 offers two spacious 2BR/1BA units and a studio attic, featuring hardwood floors, natural woodwork, built-ins, and three porches. Included with the sale is the fully renovated carriage house ADU at 3026 Chicago Avenue (same parcel) — a private turnkey 1BR/1BA home with a beautiful modern kitchen, in-unit washer/dryer, and furniture which is included in the sale as well. 3026 was previously rented at $2,100/month. An ideal setup for an owner-occupant seeking added privacy or an investor looking to maximize returns across multiple income streams. Recent combined current rents of $5,600/month with market upside. Great location just blocks from Abbott Northwestern and Children's Hospitals, with easy access to I-35W, Midtown Global Market, and the Lake Street corridor. Fast connections to Downtown Minneapolis and Mall of America via the D Line Rapid METRO. Owner currently pays all utilities. Four off-street parking spaces. Coin-op laundry. Strong in-place cash flow with clear rent upside — a true value-add opportunity in a high-demand rental submarket. All measurements deemed reliable but not guaranteed; buyer to verify.

Highlights

Listed by David B Dirkers , 619-756-5718 and Zachary Burnside , 612-865-0080 MRG Realty Partners, LLC , 651-900-4386. Minneapolis/St. Paul and St. Cloud - Northstar MLS

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

1908

County

Hennepin

School District

Minneapolis

Listing ID

7052375

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:3
  • Full Bathrooms:3
Above Ground Sq Ft:2775
Below Ground Sq Ft:0
Basement:Full
Water:City Water/Connected

Exterior Features

Lot Dimensions:123x41
Zoning:Residential-Multi-Family
Sewer:City Sewer/Connected
Parking Features:Driveway - Other Surface,Open
Principal Interest
$2,991
Taxes
$643

Home Price

$579,000

Loan Details

30 yrs
6.708%

Down Payment

20%
$115,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,991.39

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,991.39 $642.52 $0.00 $3,633.91
Yearly $35,896.63 $7,710.24 $0.00 $43,606.87
Total $1,076,898.97 $231,307.20 $0.00 $1,308,206.17
Lender profile image
Will Provost
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Minneapolis, MN).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-06T06:58:06.000Z

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