$247,797 EMV

Single-Family
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40th Ave S
Minneapolis, MN 55406

Overview

This Single-Family is located at 40th Ave S, Minneapolis, MN 55406. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time.
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Status: Inactive
Listing ID: 58288642

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Property Information

  • Source ID: 148240862
  • Day(s) On Site: 199
  • Subdivision: LAWNDALE
  • Parcel Number: 07-028-23-12-0152
  • Property Type: Single Family Dwelling
  • Recording Date: 07-06-2022
  • Owner Name: U S BANK NATIONAL ASSOCIATION
  • Owner Mailing Address: 4801 FREDERICA ST
  • Document Number: 0A11124878

Foreclosure

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Rental Value

The estimated rental value for 40th Ave S located in Minneapolis, MN is $1,630/month. Comparable homes around 40th Ave S that are rentals have monthly ranges starting as low as $1,390 per month and as high as $1,870 per month. An owner looking to use this property as an investment could bring a return in the area of $1,390 - $1,870 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.


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Homes On This Street
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40th Ave S
Minneapolis, MN 55406

Single-Family

$247,797 EMV

Status: Inactive Listing ID: 58288642

Property Information

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=40th-Ave-S-Minneapolis-MN-55406/58288642_lid

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