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$895,000

9 Beds 10 Baths 9,450 SQFT 0.13 Acres
Type: Commercial

3125 3rd Avenue S
Minneapolis, MN 55408

MLS#: 7154253
The Real Estate Advantage
Office: 952.224.8800
Presented by: AXEN Realty

Property Description

 

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.


 

Interior Features

Bedrooms

Total Bedrooms9

Bathrooms

Total Baths10

Other Interior Features

BasementFinished, Full, Shared Access, Storage/Locker
Basement (Y/N)Yes
Ceiling Height8-10
FuelNatural Gas

General

AccessibilityNone
Additional Parcels Description0302824110157
Additional Parcels Y/NYes
Amenities UnitHardwood Floors
AppliancesRange, Refrigerator
CityMinneapolis
ContingencyNone
CoolingNone
CountyHennepin
Current UseResidential
Directions35W to E 31st Street to South on 3rd Ave South.
Garage Spaces0
HeatingBoiler
High School DistrictMinneapolis
Land Lease Y/NNo
Lender OwnedNo
LevelsThree Or More
Lot Size UnitsAcres
New ConstructionNo
Number Of Units Total10
Pool FeaturesNone
PostalCityMinneapolis
Property TypeCommercial Sale
RoofAge Over 8 Years
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameThird Ave Add
Tax Annual Amount$17,308
Tax Year2025
TopographyLevel
UtilitiesElectric Separate
Year Built1929
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total9,450 sqft
FencingChain Link
Foundation Area3,150 sqft
InclusionsBuilding, Land
Lot Dimensions45x128
Lot FeaturesTree Coverage - Light
Lot Size Area0 sqft
Parking FeaturesOn-Street Parking Only
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
Middle School N/A
High School N/A

  

Similar Properties

$895,000

9 Beds 10 Baths 9,450 SQFT 0.13 Acres
Type: Commercial

3125 3rd Avenue S
Minneapolis, MN 55408

MLS#: 7154253
The Real Estate Advantage
Office: 952.224.8800