3003 California St NE Minneapolis, MN 55418
Marshall Terrace NeighborhoodEstimated payment $2,783/month
Total Views
4,020
4
Beds
2
Baths
2,431
Sq Ft
$175
Price per Sq Ft
About This Home
Opportunity knocks with this well-maintained duplex located in one of Northeast Minneapolis' most vibrant and walkable neighborhoods—just steps from popular breweries, shops, and restaurants. Each unit offers 2 bedrooms and 1 bathroom with bright, spacious living areas, front sunrooms filled with natural light, and dishwashers in the kitchens for added convenience. Tenants enjoy free shared laundry and additional storage in the basement, while the large lot features a fire pit, and patio area; perfect for outdoor entertaining. A detached 2-car garage is a huge bonus for those snowy winters. With strong rental history and minimal vacancy thanks to its desirable location and smart layout, this is an ideal investment for both house hackers and portfolio builders as both units are currently vacant. As a bonus, there's value add potential as the expansive walk-up attic provides a unique opportunity—finish it out to create an additional unit or expand the upstairs living space with more bedrooms or a primary suite. Don’t miss your chance to own a high-demand rental property in a thriving Northeast Minneapolis neighborhood!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,598
Year Built
- Built in 1905
Lot Details
- Lot Dimensions are 127x47x30x133
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 2,431 Sq Ft Home
- 2-Story Property
- Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Utilities
- Forced Air Heating System
- Baseboard Heating
Community Details
- 2 Units
- Northtown Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 0302924440002
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $5,681 | $387,000 | $105,000 | $282,000 |
| 2022 | $4,441 | $352,000 | $96,000 | $256,000 |
| 2021 | $5,350 | $327,500 | $58,000 | $269,500 |
| 2020 | $4,826 | $327,500 | $29,400 | $298,100 |
| 2019 | $4,501 | $273,000 | $19,600 | $253,400 |
| 2018 | $4,099 | $248,000 | $19,600 | $228,400 |
| 2017 | $3,777 | $201,500 | $17,800 | $183,700 |
| 2016 | $3,529 | $182,500 | $17,800 | $164,700 |
| 2015 | $3,084 | $152,000 | $17,800 | $134,200 |
| 2014 | -- | $132,000 | $21,100 | $110,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2025 08/19/25 | Price Changed | $425,000 | +6.3% | $175 / Sq Ft |
| 06/26/2025 06/26/25 | Price Changed | $400,000 | -5.9% | $165 / Sq Ft |
| 06/18/2025 06/18/25 | Price Changed | $424,900 | -1.0% | $175 / Sq Ft |
| 06/13/2025 06/13/25 | Price Changed | $429,000 | -4.5% | $176 / Sq Ft |
| 06/12/2025 06/12/25 | For Sale | $449,000 | -- | $185 / Sq Ft |
Source: NorthstarMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $360,000 | West Title Llc | |
| Warranty Deed | $360,000 | West Title | |
| Warranty Deed | $250,000 | West Title Llc | |
| Warranty Deed | $260,000 | West Title Llc | |
| Deed | $360,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $15,000 | No Value Available | |
| Open | $340,500 | New Conventional | |
| Closed | $15,000 | New Conventional | |
| Closed | $340,500 | New Conventional | |
| Previous Owner | $280,000 | Commercial | |
| Previous Owner | $165,000 | New Conventional | |
| Previous Owner | $181,600 | New Conventional | |
| Closed | $348,817 | No Value Available |
Source: Public Records
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: 6735130
APN: 03-029-24-44-0002
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