ACTIVE

Multi-Family

$339,000

3118 Newton Avenue, Minneapolis MN 55411

Property information

Beds

4

Baths

2

Sq Ft

1,730

Year Built

1914

Property Type

Duplex Side by Side

Acres

0.12

County

Hennepin

Waterfront

No

Waterfront View

—

Waterfront Feet

—

Water Body

—

Parking

1

Basement

Unfinished

Price/Sqft

$196

Stories

Two

Pool

—

HOA Fee

N/A

Updated

2 D AGO

List Date

10/17/2026

UP TO $97,000 IN POTENTIAL HOMEBUYER ASSISTANCE MAY BE AVAILABLE — PLUS $3,400/MONTH IN CURRENT RENTAL INCOME! Eligible owner-occupants may have access to multiple homebuyer assistance programs, potentially including up to $45,000 through the Advancing Black Homeownership Community Fund, up to $32,000 in first-generation assistance, and up to $20,000 through the City of Minneapolis, subject to individual eligibility, available funding and program requirements. Not all programs may be combined. Both units are currently leased with $3,400/month in combined rental income. The lower level offers additional finished space, a framed bedroom area and rough-ins for a future kitchen and bathroom, creating potential for additional value. Buyer to verify zoning, permits, code compliance and permitted use with the City of Minneapolis. An opportunity to combine rental income with potentially substantial homebuyer assistance.