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MLS: #7129459, Listed By: Patrick Corbett, Strata Real Estate Resources, Source:FargoMoorhead Area Association of REALTORS

3043 Grand Avenue

Minneapolis, MN 55408
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Bed 4

Bed

Bath 4

Bath

SqFt2,564

Sqft

Acres0.13

Acre(Lot)

Opportunity to acquire a four-unit multifamily property offering approximately 2,564 SF of living space on a 5,663 SF lot. Built in 1900, the property has benefited from significant capital improvements, including new windows, siding, four water heaters, and four forced air furnaces, along with recent appliance and furnishing upgrades. The property features three 1-bedroom/1-bath units and one studio, all with private entrances, updated kitchens, and flexible furnished configurations. All four units are currently occupied and operating as furnished short-term rentals through airbnb, providing an established rental history and immediate income-producing use, while offering flexibility for short, medium, or long-term rental strategies. The property presents an opportunity for both an investo r seeking an established multifamily asset and an owner-occupant looking to live in one unit while generating rental income from the remaining units. Free convenient on-street parking and shared outdoor space further enhance the property's appeal.

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Detail Ic Property Details

Property Type : Residential Income

Price : $699,000

AD Id : 89735320

MLS Id : 7129459

Beds : 4

Lot Size : 0.13 Acre

Living Area Size : 2,564 Sq. Ft

Tax Amount : $9,383

Year Built : 1900

County : Hennepin

Subdivision: Franklin Twp

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 4

    Room Information

    Basement: Crawl Space
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air

  • Building Information

    Year Built: 1900 Building Area Total: 2564 Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: 46 x 124 Main Square Feet: 0.13 Acres Lot Size Acres: 0.13 Lot Size Square Feet: 5662.8

    Property Information

    Subdivision: Motor Line Add Source Property Type: Residential Income Postal Code Plus 4: 2119 Property SubType: Quadruplex Levels: Two Property Age: 126

  • Listing Price Information

    Listing Price: $699000

  • Tax Information

    Parcel Number: 0302824220013 Tax Year: 2026 Annual Tax: $9383 Tax Legal Desc: LOT 014 BLOCK 001 MOTOR LINE ADDN TO MPLS

  • Location Information

    Direction: 3043 Grand Ave S sits just east of I-35W in the LynLake/Uptown area, between Lake Street and 31st Street. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3129 Clinton Avenue, Minneapolis, MN, 55408 $385,000 4 2 3,058 0.13 Acre
3541 Clinton Avenue, Minneapolis, MN, 55408 $325,000 5 3 2,382 0.13 Acre
3322 Clinton Avenue, Minneapolis, MN, 55408 $399,900 6 2 3,174 0.13 Acre
2621 2nd Avenue, Minneapolis, MN, 55408 $550,000 12 4 3,836 0.14 Acre
3322 Stevens Avenue, Minneapolis, MN, 55408 $315,000 5 2 3,899 0.13 Acre
3500 1st Avenue, Minneapolis, MN, 55408 $725,000 12 4 4,680 0.14 Acre
16 W 33rd Street, Minneapolis, MN, 55408 $680,000 5 3 4,630 0.11 Acre
2641 Pillsbury Avenue, Minneapolis, MN, 55408 $299,900 2 2 1,427 0.11 Acre
2635 Pillsbury Avenue, Minneapolis, MN, 55408 $520,000 7 3 2,935 0.11 Acre
122 W 32nd Street, Minneapolis, MN, 55408 $357,000 3 2 1,648 0.10 Acre
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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 10/06/2026 @ 10:12

MLS: 7129459 LISTED BY: Patrick Corbett, Strata Real Estate Resources 651-252-4302 SOURCE: FargoMoorhead Area Association of REALTORS

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