3BR Home in Minneapolis , MN

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Owner FinancedNo Credit Check

3BR Home in Minneapolis , MN

$585,000
$2,386/mo
2312 West 54th Street, Minneapolis, Minnesota 55410
3
Bedrooms
2
Bathrooms
1,550
Sq Ft
1926
Year Built
$2,386
Monthly Payment

About This Property

🏑 CREATIVE DEAL β€” Fulton / Linden Hills Pocket, Minneapolis 55410 🏑 Fully-updated 1926 character home, one block from Minnehaha Creek and walking distance to Lake Harriet + the 54th & Penn restaurant row (Colita, Red Wagon Pizza, Book Club Cafe). βœ… 3 bed β€” full bath + 3/4 bath + bonus half-bath plumbing in the basement βœ… ~1,550 sq ft, renovated kitchen (granite, farmhouse sink, stainless double oven) βœ… Refinished hardwood floors, new windows, new roof, gas fireplace βœ… Fenced yard, 1-car garage + storage shed πŸ’° THE DEAL β€” SELLER CARRY Purchase Price: Contact for details Cash to Enter: Contact for details Rate: 3.375% Est. Monthly Contact for details/mo Seller Carry: Contact for details due Year 5 πŸ“Š 3 WAYS TO RUN THIS PROPERTY (net of Contact for details ) πŸ”‘ Long-Term Rental: Contact for details–Contact for details/mo rent β†’ +$814 to +Contact for details/mo πŸ›‹οΈ Mid-Term / Furnished: Contact for details–Contact for details/mo rent β†’ +Contact for details to +Contact for details/mo 🌴 Short-Term / Airbnb: $200–250/night, ~Contact for details–3,500/mo blended (summer peaks Contact for details+) β†’ +$614 to +Contact for details/mo blended, Contact for details+/mo in peak summer All three paths positive from day one at these terms β€” LTR is the simplest/most passive, MTR maximizes monthly income, STR layers on seasonal upside. Rare to find a $40K-in deal that pencils this many ways. πŸ“ˆ LTR COMPS β€” same 55410 zip, comparable 3-bed footprint β€’ 4852 Drew Ave S β€” 3bd/2ba, 1,503 sf β€” just leased Contact for details (May '26) β€’ 5100 Xerxes Ave S β€” 2bd/2ba, 1,504 sf β€” listed Contact for details β€’ 5936 Vincent Ave S β€” 4bd/2ba, 1,800 sf β€” listed Contact for details β€’ 5027 Chowen Ave S β€” 3bd/2ba, 1,956 sf β€” listed Contact for details β€’ 4705 France Ave S β€” 3bd/2ba, 1,500 sf β€” listed Contact for details β€’ This house's own rental history β€” 3bd/2.5ba, ~1,550 sf β€” leased Contact for details back in 2022 (would price higher today) πŸ“© Comment "INFO" or DM for the full packet and to talk terms. Rental figures are estimates based on market comps and public records.

Features & Highlights

Motivated Seller
Low Interest Rate
Turn-Key
Creative Listing
Subject-To
Seller Financing
Hybrid
Low Entry Fee

Financing Details

Down Payment
$45,000
Monthly Payment
$2,386
Financing Type
Subject To
Credit Check
None Required

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