MLS: #7111896, Listed By: Paulo Mora, RE/MAX Results, Source:FargoMoorhead Area Association of REALTORS
3018 Chicago Avenue
Minneapolis, MN 55407
12
Bed
5
Bath
4,439Sqft
0.13Acre(Lot)
Excellent investment opportunity. This spacious triplex features three legal rental units plus a non-conforming basement unit for additional rental income, with a total of 12 bedrooms throughout the property. All units are currently occupied and generating income. Numerous updates have been completed, including a brand-new roof, new exterior paint, and many additional improvements throughout. A great opportunity for an investor or owner-occupant looking to generate rental income and build long-term equity.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 12Bathroom Information
Total Baths: 5Room Information
Has Basement: Yes Basement: Full -
Roofing Information
Asphalt, Shingle -
Interior Features
Roof: Asphalt, Shingle Laundry Features: Common Area -
Heating & Cooling
Has Heating: Yes Heating: Baseboard
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Building Information
Year Built: 1909 Building Area Total: 5234 Private Pool: No
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Lot Information
Lot Dimensions: 124x47 Main Square Feet: 0.13 Acres Lot Size Acres: 0.13 Lot Size Square Feet: 5662.8Property Information
Subdivision: Chicago Lake Park Add Source Property Type: Residential Income Property SubType: Triplex Property Age: 117
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Listing Price Information
Listing Price: $649900 Cash, Conventional, FHA, VA Loan
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Tax Information
Parcel Number: 0202824220008 Tax Year: 2026 Annual Tax: $12680 Tax Legal Desc: BLOCK 001 CHICAGO LAKE PARK ADDN TO MPLS S 30 FT OF LOT 5 AND N 17 FT OF LOT 6
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Garage Information
Has Garage: Yes Garage Space: 2Homeowners Association InformationAssociation Amenities: Coin Laundry
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Location Information
Direction: From I-35W take exit 15A toward 31st St/Lake St., R onto E 31st St., L onto Chicago Ave., turn L., destination will be on the Left. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1911 E 32nd Street, Minneapolis, MN, 55407 | $900,000 | 9 | 6 | 5,400 | 5,400 SqFt |
| 3208 19th Avenue, Minneapolis, MN, 55407 | $375,000 | 4 | 2 | 1,608 | 1,608 SqFt |
| 3847 Cedar Avenue, Minneapolis, MN, 55407 | $425,000 | 4 | 2 | 2,646 | 2,646 SqFt |
| 3504 Cedar Avenue, Minneapolis, MN, 55407 | $299,000 | 3 | 2 | 1,486 | 1,486 SqFt |
| 2930 18th Avenue, Minneapolis, MN, 55407 | $299,900 | 4 | 2 | 2,606 | 2,606 SqFt |
| 3117 17th Avenue, Minneapolis, MN, 55407 | $379,900 | 4 | 2 | 1,768 | 1,768 SqFt |
| 2740 16th Avenue, Minneapolis, MN, 55407 | $399,900 | 8 | 2 | 2,817 | 2,817 SqFt |
| 1537 E 38th Street, Minneapolis, MN, 55407 | $725,000 | 8 | 4 | 3,456 | 3,456 SqFt |
| 2825 15th Avenue, Minneapolis, MN, 55407 | $265,000 | 4 | 2 | 1,816 | 1,816 SqFt |
| 3602 Bloomington Avenue, Minneapolis, MN, 55407 | $330,000 | 4 | 2 | 2,744 | 2,744 SqFt |
Similar Multifamily To 3018 Chicago Avenue
Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.
ByOwner last updated this listing 07/19/2026 @ 22:55
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