MLS: #7051738, Listed By: Donald Frable, Frable Realty, Source:FargoMoorhead Area Association of REALTORS
3132 Minnehaha Avenue
Minneapolis, MN 55406
8
Bed
4
Bath
4,488Sqft
0.17Acre(Lot)
Whether you're ready to live virtually rent-free while your tenants cover the mortgage, or simply want a high-performing asset in your portfolio, this is the property you've been waiting for! This fourplex offers four spacious 2-bed/1-bath units, each featuring beautiful hardwood floors, built-in buffets, and classic character throughout. Recent tile upgrades in the kitchens and baths and freshly refinished hardwood floors mean some work has already been done.... with a little additional updating, rents have real room to grow. Tenants enjoy the independence of their own boiler, water heater, and separate gas and electric meters, keeping utility costs squarely off the owner's plate and making expense management simple. A long-term tenant in the 4-car garage adds reliable income from day one
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 8Bathroom Information
Total Baths: 4Room Information
Has Basement: Yes Basement: Full, Storage Space, Unfinished -
Roofing Information
Flat -
Interior Features
Roof: Flat Laundry Features: Common Area, In Basement -
Heating & Cooling
Has Heating: Yes Heating: Hot Water, Radiant
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Building Information
Year Built: 1914 Building Area Total: 6732 Construction Materials: Block, Frame Stories: 2 Patio And Porch Features: Rear Porch Private Pool: No
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Lot Information
Lot Dimensions: 50X150 Main Square Feet: 0.17 Acres Lot Size Acres: 0.17 Lot Size Square Feet: 7405.2 Lot Description: LevelProperty Information
Subdivision: Griswolds 3rd Add Source Property Type: Residential Income Property SubType: Quadruplex Levels: Two Property Age: 112
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Listing Price Information
Listing Price: $599900 Cash, Conventional, FHA, Special Funding, Trade, VA Loan
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Tax Information
Parcel Number: 0102824120057 Annual Tax: $26682
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Parking Information
Parking LotGarage Information
Has Garage: Yes Garage Space: 4Homeowners Association InformationAssociation Amenities: Coin Laundry
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Location Information
Direction: Minnehaha Ave South of Lake street. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4518 Minnehaha Avenue, Minneapolis, MN, 55406 | $430,000 | 4 | 2 | 2,532 | 2,532 SqFt |
| 4348 Minnehaha Avenue, Minneapolis, MN, 55406 | $645,000 | 8 | 4 | 2,912 | 2,912 SqFt |
| 3609 E 42nd Street, Minneapolis, MN, 55406 | $335,000 | 3 | 2 | 1,335 | 1,335 SqFt |
| 2921 33rd Avenue, Minneapolis, MN, 55406 | $300,000 | 6 | 3 | 2,006 | 2,006 SqFt |
| 3305 32nd Avenue, Minneapolis, MN, 55406 | $535,000 | 4 | 3 | 2,140 | 2,140 SqFt |
| 3017 29th Avenue, Minneapolis, MN, 55406 | $425,000 | 5 | 2 | 2,354 | 2,354 SqFt |
| 3221 Minnehaha Avenue, Minneapolis, MN, 55406 | $445,000 | 4 | 3 | 2,428 | 2,428 SqFt |
| 3213 Minnehaha Avenue, Minneapolis, MN, 55406 | $475,000 | 9 | 3 | 3,370 | 3,370 SqFt |
Similar Multifamily To 3132 Minnehaha Avenue
Nearby For Sale
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ByOwner last updated this listing 06/15/2026 @ 23:09
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