Neighborhood
2436 Elliot Ave, Minneapolis, MN 55404
4 beds · 3 baths · 2,336 sq ft · Lot: 6,098 sq ft · Single Family Home · Last Sold: $60K in 2008 · Built: 1886
Est. Value:
$272K
Est. Rent:
$2.1K/month

2436 Elliot Ave Minneapolis, MN 55404

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4 beds · 3 baths · 2,336 sq ft · Lot Size: 6,098 sq ft · Single Family Home · Midtown Phillips
Est. Property Value: $272,296

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2436 Elliot Ave is in the Midtown Phillips neighborhood of Minneapolis, MN. It is located in Hennepin County and ZIP code 55404. This Single Family Home was built in 1886 and is approximately 139 years old. The single family home spans 2336 sq ft with 4 bedrooms and 3 bathrooms and sits on a 6098 sq ft lot. According to public records, it was last sold in 2008 for $60,000 and has a tax-assessed value of $270,000, which is $117 per sq ft. The Midtown Phillips area of Minneapolis has 122 residential homes with an average size of 1744 sq ft. Analyze and compare real estate investment strategies for properties like this home at 2436 Elliot Ave Minneapolis, MN 55404 with Property Intel by Whitepages.

Investment Potential for 2436 Elliot Ave

The property has a current estimated value of $272,296, which is 9% above the neighborhood median, based on public records. It last sold on November 12, 2008 for $60K. Projected long-term
is $25,800 annually ($2,150 per month) with a 92% occupancy rate.

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Long-Term

Gross Rental
$25,800 per year($2,150 per month)
Net Operating Income
Cap Rate
Occupancy Rate
92%in 55404 zip code
 
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Owners & Occupancy for 2436 Elliot Ave

This property is owned by Evan Douglas Hall. Owner contact information includes 4 phone numbers and 3 email addresses.

Property Owners

OccupationArchitect, Mead & Hunt
Cell Phone(818) ***-****View Cell Phone
Residence**************
Landline(812) 723-3777
Distance from Property**********
Email Address*********@meadhunt.comView Email

Property Ownership Information

Purchase DateNovember 12, 2008
Property Tax Amount$3,524 in 2024
Purchase Price$60,000

Occupancy

Resident 1**********
Resident 2***************** age 79
Resident 3*************

Property Details for 2436 Elliot Ave

Property Details

Property Sq Ft

Living Area

2,336 sq ft

34% above market

Lot Size

6,098 sq ft

17% above market

Price Per Sq Ft

Living Area

$117 / sq ft

21% below market

Lot Size Area

$45 / sq ft

10% below market

Property condition, age, exterior, etc. for 2436 Ellio…
Longitude: -93.261663 Latitude: 44.957761 Parcel Number (APN): 35-029-24-24-0176…
Mortgage originated on through lender: UNKNOWN for$*****View Mortgage Details
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Market Benchmarks

Compare data for 2436 Elliot Ave in Hennepin County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$272,296
$398,398
-$126,102 (-32%)
$486,022
-$196,813 (-40%)
YoY Price Change
1.96%
-1583%
Year Built
1886
1987
-101 years
Living Space
2,336 sq ft
2,316 sq ft
20 (1%)
$ Per Living Sq Ft
$117
$179
-$63 (-35%)
Lot Size
6,098 sq ft
14,246 sq ft
-8148 (-57%)
$ Per Lot Sq Ft
$45
$31
$13 (42%)

Net Operating Income
$19,897
-$3,059 (-15%)
Annual Revenue
$25,800
$31,200
-$5,400 (-17%)
$11,153
-$2,191 (-20%)
Net Operating Income
$19,897
-$3,059 (-15%)
Cap Rate
4.88%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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