Settings

American AllStar Realty

American AllStar Realty

Property3.7% Assumable
1 / 60

$579,900

($232,599 down)
FHA

2428 11th Avenue S, Minneapolis, MN 55404

N/A
N/A
3,704 sqft
PITI Monthly
$2,819.06 /mo

Assumed Rate

3.7%
7.15%

Principal & Interest

$1,776 /mo
$2,606 /mo
$73,321 in interest paid off

Listing courtesy of: , RE/MAX Results

What's Special

Rare opportunity to own large Italianate 4-plex on quiet street just blocks from Abbott Northwestern and Children’s Hospitals! Take advantage of low down-payment loans to house hack and secure your financial future! Huge newly rehabbed 3br apt is vacant and awaiting owner occupant or your tenant, other 3 apts (3br x1, 2br x2) are stability occupied. Possibilities are endless, bring your ideas! Consider creating Airbnb’s to house hospital guests, medium-term rentals for traveling nurses, or build out large unfinished attic and basement for 6-plex conversion and rent section 8 for impressive cash flow! Building very well maintained with numerous updates since 2020, including new roof, soffit and fascia, complete tuckpointing and painting of brickwork, new water heater, addition of zoning to heating system, installation of large custom front windows up and down, and cosmetic turn-over of all units. Projected gross monthly rents surpass 5.5K, conservatively. Your future awaits, don’t let this one pass you by!

Gradient Jack

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.7
Remaining Loan Term
24 years, 7 months
Monthly PITI
$2,819.06/mo
Estimated Loan Balance
$348,004
Cash to close
$232,599
Interest Paid
$73,321

Facts & Features

Interior

Bedrooms & Bathrooms
  • BedroomsN/A
  • BathroomsN/A
Cooling & Heating
  • CoolingN/A
  • HeatingHot Water
Interior Features
  • MaterialsBrick/Stone, Vinyl Siding
  • CommunityUnknown
  • FireplaceNo
  • Fireplace FeaturesN/A
  • FlooringN/A

Exterior

Fencing
  • FencingN/A
Roof
  • RoofAsphalt
Parking
  • GarageNo
  • Garage SpacesN/A
  • CarportNo
  • Carport SpacesN/A
Water
  • SewerCity Sewer/Connected
  • Water SourceCity Water/Connected
Pool
  • Has PoolNo
  • Pool FeaturesN/A

Construction

Type & Style
  • StoriesN/A
  • Home TypeQuadruplex
  • Architectural StyleN/A
Materials
  • Construction MaterialsBrick/Stone, Vinyl Siding
  • RoofAsphalt
Condition
  • Year Built1900
Details
  • BuilderN/A

Community & HOA

Community
  • SubdivisionCole & Weeks Rgt Brackett & Bovey
  • FeaturesNone
HOA
  • Has HOANo
Location
  • RegionMinneapolis

Financial Details

Financial Info
  • Price per Sqft$156.56
  • Tax Annual Amount$7,387
  • On Market Date2025-01-31T07:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

MLS ID: NST6653687

Listing From: northstar

Last updated: 2025-07-08T10:57:03.000Z

© , northstar. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Follow Us
American Allstar Realty

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than American Allstar Realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

equal-housing

UMe Realty Group © is committed to and abides by the Fair Housing Act of Equal Opportunity.