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MLS: #7138181, Listed By: Isaac Nagel, Keller Williams Premier Realty Lake Minnetonka, Source:FargoMoorhead Area Association of REALTORS

3831 Grand Avenue

Minneapolis, MN 55409
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Bed 7

Bed

Bath 4

Bath

SqFt3,444

Sqft

Acres0.13

Acre(Lot)

Classic 1915 fourplex, fully rented, with a great opportunity to add a 5th unit! The basement already has a kitchen and a bathroom in place and just needs to be finished to create a 2-bedroom fifth unit. The building has three 2-bedroom units and one 1-bedroom unit. All four are currently rented: one unit is on a lease and three are month-to-month, which gives a new owner flexibility on rents and occupancy. Each unit has front and back entries, a living/dining room, a full bath, and a range and refrigerator. Period character runs throughout, with hardwood floors, natural woodwork, paneled doors, and historic millwork. The upper units have skylights and ceiling fans. There are very large front porches on both levels. Tenants pay their own electric, gas, heat, cable, and phone, and the owner pays trash, snow removal, and taxes. The full basement also has storage lockers for each tenant, a common washer and dryer, and daylight and egress windows. There's off-street parking for four on the concrete driveway. The lot is level, on a city street with sidewalks and streetlights, close to public transit, with fiber internet available. Conventional, FHA, and VA financing are accepted

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Detail Ic Property Details

Property Type : Residential Income

Price : $625,000

AD Id : 91778446

MLS Id : 7138181

Beds : 7

Lot Size : 0.13 Acre

Living Area Size : 3,444 Sq. Ft

Tax Amount : $10,838

Year Built : 1915

County : Hennepin

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Feature Features

  • Bedroom Information

    Total beds: 7

    Bathroom Information

    Total Baths: 4

    Room Information

    Has Basement: Yes Basement: Full, Storage Space, Unfinished, Block, Concrete
  • Roofing Information

    Flat, Rubber
  • Interior Features

    Roof: Flat, Rubber Laundry Features: Common Area, In Basement, Sink
  • Heating & Cooling

    Has Heating: Yes Heating: Hot Water

  • Building Information

    Year Built: 1915 Building Area Total: 5110 Construction Materials: Block, Frame, Stucco Stories: 2 Patio And Porch Features: Front Porch, Patio, Porch Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 46x125 Main Square Feet: 0.13 Acres Lot Size Acres: 0.13 Lot Size Square Feet: 5662.8 Lot Description: Level, Near Public Transit

    Property Information

    Subdivision: Mabies 2nd Add Source Property Type: Residential Income Postal Code Plus 4: 1414 Property SubType: Quadruplex Levels: Two Property Age: 111

  • Listing Price Information

    Listing Price: $625000 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 1002824220108 Tax Year: 2026 Annual Tax: $10838 Tax Legal Desc: MABIES 2ND ADDN TO MPLS N 16 FT OF LOT 22 AND S 30 FT OF LOT 23

  • Homeowners Association Information
    Association Amenities: Laundry, Elevator(s)

  • Location Information

    Direction: I-35, west on E 36th St, south on Grand Ave S, home on left WaterSource: Public
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Nearby Home Value

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3605 S 3rd Avenue, Minneapolis, MN, 55409 $389,900 7 3 2,570 0.12 Acre
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3827 Blaisdell Avenue, Minneapolis, MN, 55409 $517,000 4 2 2,512 0.18 Acre
3841 Grand Avenue, Minneapolis, MN, 55409 $649,000 4 4 4,410 0.13 Acre
3845 Grand Avenue, Minneapolis, MN, 55409 $649,000 4 4 4,236 0.13 Acre
3917 Garfield Avenue, Minneapolis, MN, 55409 $524,950 4 3 2,270 0.12 Acre
3740 Bryant Avenue, Minneapolis, MN, 55409 $455,000 4 3 1,999 0.13 Acre
4353 Bryant Avenue, Minneapolis, MN, 55409 $399,900 3 2 1,928 0.13 Acre
4145 Colfax Avenue, Minneapolis, MN, 55409 $740,000 6 4 3,034 0.19 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 10/10/2026 @ 20:27

MLS: 7138181 LISTED BY: Isaac Nagel, Keller Williams Premier Realty Lake Minnetonka 952-475-0111 SOURCE: FargoMoorhead Area Association of REALTORS

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