Step into a rare investment opportunity with this well-cared-for 10-unit property, each offering a 1-bedroom, 1 bath layout designed for comfort and easy living. Tenants will appreciate the beautifully maintained building and shared laundry facilities. Included is the adjacent lot PID #0302824110157 which adds valuable flexibility-perfect for outdoor amenities, or future development. This property is move-in ready for its next owner and is ideal for a hands-off investor, or owner looking to expand their portfolio. Pride of ownership is evident throughout, making this a solid, reliable choice with lasting appeal.
Listing Courtesy of: AXEN Realty
952-237-6128
| Listing Id: | 7154253 |
|---|---|
| List Price: | $895,000 |
| Property Type: | Commercial Sale |
| Status: | Active |
| Bedrooms Total: | 9 |
| Bathrooms Full: | 10 |
| Bathrooms Three Quarter: | 0 |
| Bathrooms Half: | 0 |
| Bathrooms One Quarter: | 0 |
| Tax Annual Amount: | $17,308 |
| Waterfront?: | No |
| City: | Minneapolis |
| Neighborhood: | 11 |
| County Or Parish: | Hennepin |
| Subdivision Name: | Third Ave Add |
| Postal Code: | 55408 |
| Year Built: | 1929 |
| Number Of Units Total: | 10 |
| Accessibility Features: | None |
| Additional Parcels Description: | 0302824110157 |
| Additional Parcels?: | Yes |
| Appliances: | Range, Refrigerator |
| Basement: | Yes |
| Basement: | Finished, Full, Shared Access, Storage/Locker |
| Bathrooms Total Integer: | 10 |
| Building Area Total: | 9450 |
| Cooling: | None |
| Current Use: | Residential |
| Directions: | 35W to E 31st Street to South on 3rd Ave South. |
| Fencing: | Chain Link |
| Flooring: | Tile, Wood |
| Foundation Area: | 3,150 |
| Garage Spaces: | 0 |
| Heating: | Boiler |
| High School District: | Minneapolis |
| Inclusions: | Building, Land |
| Levels: | Three Or More |
| Listing Contract Date: | 2026-10-02 |
| Living Area Units: | Square Feet |
| Lot Features: | Tree Coverage - Light |
| Lot Size Area: | 0.13 |
| Lot Size Dimensions: | 45x128 |
| Lot Size Units: | Acres |
| Amenities Unit: | Hardwood Floors |
| Assessment Pending: | No |
| Ceiling Height: | 8-10 |
| Foreclosure Status: | No |
| Fractional Ownership Yn: | No |
| Fuel: | Natural Gas |
| Lender Owned: | No |
| Owner Occupied: | No |
| Potential Short Sale: | No |
| Yearly/Seasonal: | Yearly |
| Rental License Type: | Standard |
| School District Number: | 1 |
| School District Phone: | 6126680000 |
| Tax With Assessments: | $17,308 |
| Parcel Number: | 0302824110158 |
| Parking Features: | On-Street Parking Only |
| Pool Features: | None |
| Postal City: | Minneapolis |
| Public Survey Range: | 24 |
| Public Survey Section: | 03 |
| Public Survey Township: | 28 |
| Road Frontage Type: | City Street |
| Road Responsibility: | Public Maintained Road |
| Roof: | Age Over 8 Years |
| Sewer: | City Sewer/Connected |
| State Or Province: | MN |
| Tax Year: | 2025 |
| Topography: | Level |
| Utilities: | Electric Separate |
| Water Source: | City Water/Connected |
| Zoning Description: | Residential-Multi-Family |
| Township: | Minneapolis |
| Exterior Features: | Stone |
| Foundation Details: | Block |
| Rental License?: | Yes |
| Commercial Style Type: | Apartments/Multi Family |
| School District Full Name: | 1 - Minneapolis |
| For Sale Or Lease: | For Sale |
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Regional Multiple Listing Service of Minnesota, Inc data last updated on October 08, 2026 04:59 PM - CT
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Property Last Updated: October 08, 2026 04:59 PM - CT
