3200 Minnehaha Avenue, Minneapolis, MN 55406 (MLS# 7002440)
$1,380,000
Minneapolis, MN 55406
MLS# 7002440
Status: Pending
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Property Description
Opportunity to own 14 units in a great transit/walk-able neighborhood. Located on the bus-line and a block from the light rail. 1960's Value Add opportunity, with about 80% of the units being updated/renovated. Rents below market.
Details
Maps
Contract Information
Status: Pending
Off Market Date: 2026-05-20
Current Price: 1380000
Contingency: None
ListPrice: 1380000
List Date: 2025-12-23
Owner is an Agent?: Yes
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 7
Owner Occupied: No
Waterfront Present: No
Year Built: 1960
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 11010
For Sale or Lease: For Sale
Acres: 0.19
Lot Dimensions: xx
Assessment Pending: No
Location Tax and Other Information
House Number: 3200
Street Name: Minnehaha
Street Suffix: Avenue
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55406
Complex/Dev/Subdivision: Adams Rgt Lts Monarch & Burgess Adds
Assessments
Tax With Assessments: 23399
Basement
Foundation Dimensions: xx
Building Information
Building Finished SqFt: 11010
Building SqFt: 11010
Income and Expenses
Annual Gross Expenses: 66915
Annual Gross Income: 139435
Annual Net Income: 75520
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 01
Township#: 28
Sale Options
Sale Includes: Building, Fixture/Equipment, Land, Leases
Unit 1
No. of 1 Bedroom Units: 12
Unit 2
No. of 2 Bedroom Units: 2
Unit Details
Total Units: 14
Property Features
Accessible: None
CMU Style: Apartments/Multi Family
Construction Status: Previously Owned
Current Use: Residential
Exterior: Brick/Stone; Stucco
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Boiler
On Site Utilities: Heating Common
Parking Characteristics: Parking Lot
Rental License Type: Standard
Sewer: City Sewer/Connected
Stories: Three Or More
Water: City Water/Connected
Listing Office: National Realty Guild
Last Updated: May - 21 - 2026
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Sunday 31st of May 2026 03:21 PM
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