Lori Gustafson

1106 Irving Avenue N

Minneapolis, MN
$ 339,700 Beds 6 Baths 3 Sq 2,404
Monthly Estimate* How much can I afford?

Welcome to this turn key, high yield investment home just moments from Downtown Minneapolis, an exceptional property built for maximum rental income and investment performance. Offering 6 generous sized bedrooms, a bathroom on each one of the 3 floors and 2 kitchens! This creates a rare opportunity for high-occupancy rental strategies such as co-living, group housing, sober living, student housing, or traditional long-term rentals. It's currently making $4,450/month with strong leases secured. Significant updates include a new A/C unit installed in the home in 2024, two updated bathrooms, newer windows and new paint throughout the home! This home offers an opportunity to step into a great investment with the proof-of-concept and cashflow already in place! An oversized two-car garage with additional storage space on top gives for even more income potential! Please allow 24hrs for showings.

Single Family

  • Price
  • $ 339,700
  • City
  • Minneapolis
  • Bedrooms
  • 6
  • Full Bathrooms
  • 3
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Oak Park Add
  • Lot Size
  • Zip
  • 55411
  • Sqr Footage
  • 2,404
  • Year Built
  • 1925
  • Taxes
  • $ 4317
  • Style
  • Single Family
  • MLS#
  • 7069586
Listed By: LPT Realty, LLC
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 2404
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Appliances Dryer,Exhaust Fan,Gas Water Heater,Microwave,Range,Refrigerator,Stainless Steel Appliances,Washer
Garage Spaces 2
Construction Materials Block,Concrete
Year Built 1925
Levels Two
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Oak Park Add
Full Baths 2
Directions Plymouth Ave south on Irving to home
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Single Family
Lot Size Units Square Feet
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 4317.52
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
PostalCity Minneapolis

Interior Features

Basement Block,Daylight/Lookout Windows,Egress Window(s),Finished,Full,Walkout
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1922
3/4 Baths 1
Laundry Features Lower Level,Sink
Total Bedrooms 6
Below Grade Finished Area 482
Total Baths 3
Bath Desc Full Basement,Main Floor Full Bath,Upper Level 3/4 Bath
Dining Room Description Eat In Kitchen,Informal Dining Room,Kitchen/Dining Room,Living/Dining Room
Fuel Natural Gas
Garage Dimensions 21x21
Garage Square Feet 441

Exterior Features

Parking Features Detached Garage,Asphalt,Shared Driveway
Water Source City Water/Connected
Lot Size Area 0.12
Building Area Total 2404
Lot Dimensions 5227
Waterfront Y/N No
Foundation Area 1040

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/7/2026 Listed $349,700
6/30/2026 3% - $339,700

Property vs Zip Code Average in 55411

Price
AVG $250K
$340K
Taxes
AVG $3,960
$4,317
Year Built
AVG 1943
1925
Visits
AVG 119
346
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

1106 Irving Avenue N Minneapolis, MN is a Single Family Home for sale at $339700 with 2404 sqft and a lot size of Acre(s). 1106 Irving Avenue N Minneapolis has 6 bedrooms, 3 baths and was built in 1925. The property's zip code is 55411 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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