MLS: #7075302, Listed By: David Berglund, Summit Realty LLC, Source:FargoMoorhead Area Association of REALTORS
3500 1st Avenue
Minneapolis, MN 55408
12
Bed
4
Bath
4,680Sqft
0.14Acre(Lot)
Excellent opportunity to acquire a South Minneapolis multifamily portfolio with strong long-term upside potential in desirable urban neighborhoods. Properties offer a mix of stable cash flow, value-add opportunities, and proximity to transit, parks, restaurants, and major employment centers. Ideal for investors seeking scale, operational efficiency, and long-term appreciation within the Minneapolis urban core. Public Remarks: Exceptional investment opportunity in the heart of South Minneapolis! This well-maintained 4-plex at 3500 1st Ave S, Minneapolis, MN 55408 features four large 3-bedroom, 1-bath units with updated kitchens, stainless steel appliances, and separately metered utilities for streamlined management and tenant convenience. The property generates strong rental income wi
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 12Bathroom Information
Total Baths: 4Room Information
Has Basement: Yes Basement: Full -
Roofing Information
Flat -
Interior Features
Roof: Flat -
Heating & Cooling
Has Heating: Yes
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Building Information
Year Built: 1914 Building Area Total: 7020 Stories: 2 Pool Features: None Private Pool: No
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Lot Information
Lot Dimensions: 47 x 126 Main Square Feet: 0.14 Acres Lot Size Acres: 0.14 Lot Size Square Feet: 6098.4 Lot Description: Near Public TransitProperty Information
Subdivision: Shartles Add Source Property Type: Residential Income Property SubType: Quadruplex Levels: Two Property Age: 112
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Listing Price Information
Listing Price: $774900
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Tax Information
Parcel Number: 0302824420124 Annual Tax: $11718
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Garage Information
Has Garage: Yes Garage Space: 3
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Location Information
Direction: From 35W, exit 35/36 Streets, go W on 35th, SW corner of 35th and 1st WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3201 3rd Avenue, Minneapolis, MN, 55408 | $499,900 | 6 | 3 | 3,144 | 3,144 SqFt |
| 3336 3rd Avenue, Minneapolis, MN, 55408 | $999,900 | 9 | 6 | 3,772 | 3,772 SqFt |
| 6 E 34th Street, Minneapolis, MN, 55408 | $175,000 | 4 | 4 | 3,808 | 3,808 SqFt |
| 16 W 33rd Street, Minneapolis, MN, 55408 | $715,000 | 7 | 4 | 4,630 | 4,630 SqFt |
| 2700 Pillsbury Avenue, Minneapolis, MN, 55408 | $799,900 | 7 | 4 | 5,400 | 5,400 SqFt |
| 2824 Pillsbury Avenue, Minneapolis, MN, 55408 | $624,900 | 4 | 4 | 2,720 | 2,720 SqFt |
| 3133 Pleasant Avenue, Minneapolis, MN, 55408 | $775,000 | 8 | 4 | -- | |
| 3221 Grand Avenue, Minneapolis, MN, 55408 | $599,900 | 4 | 4 | 2,464 | 2,464 SqFt |
| 3514 Grand Avenue, Minneapolis, MN, 55408 | $849,900 | 10 | 8 | 4,900 | 4,900 SqFt |
| 3117 Harriet Avenue, Minneapolis, MN, 55408 | $454,900 | 4 | 3 | 2,040 | 2,040 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/14/2026 @ 11:30
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