3300 41st Avenue S, Minneapolis, MN 55406 (MLS# 7094932)


$395,000
3300 41st Avenue S
Minneapolis, MN 55406
MLS# 7094932
Status: Closed
6 beds  |  3 baths  |  2632 sqft


3300 41st Avenue S, Minneapolis, MN 55406
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Property Description
Rare South Minneapolis Triplex Opportunity in the Heart of Longfellow/Cooper! Don’t miss this well-maintained and well-located triplex in the highly desirable Cooper neighborhood of South Minneapolis. This income-producing property features three separate units, each offering 2 bedrooms and 1 bathroom, providing strong rental appeal and flexible ownership options. The upper unit features beautiful hardwood floors and an additional porch room, while the side unit has been recently updated with new flooring and new bathroom plumbing. This property has recently seen several significant capital improvements, including a new roof, new main sewer line, plumbing, and updated furnaces—offering peace of mind and reducing major near-term expenses. With three separate forced-air furnaces and three water heaters, the building benefits from efficient independent utilities and simplified management. Situated on a corner lot, the property offers abundant off-street parking, basement storage, and owned coin-operated laundry for tenant convenience. The current tenants are month-to-month leases, with a unit available for an owner occupant. Whether you’re looking to expand your portfolio, owner-occupy, or house hack, this is an exceptional opportunity with immediate cash flow potential and long-term upside located in a vibrant neighborhood with excellent walkability to restaurants and shops.

Details
Maps
Documents
Contract Information
Status: Closed
Off Market Date: 2026-09-16
Contingency: None
Current Price: 391250
Closed Date: 2026-10-05
Original List Price: 425000
ListPrice: 395000
Sales Close Price: 391250
List Date: 2026-06-17
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Square Feet
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1911
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 6
Baths Total: 3
Main Floor Total SqFt: 1172
Above Ground SqFt: 2052
Below Grd Total SqFt: 580
Total SqFt: 2632
Foundation Size: 1172
Lot Size SqFt: 4793
Style: (MF) Triplex
Total Finished Sqft: 2052.00
Lot Dimensions: 37x128
Assessment Pending: Yes
Location Tax and Other Information
House Number: 3300
Street Name: 41st
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55406
Complex/Dev/Subdivision: Auditors Sub 237
Assessments
Assessment Balance: 3541
Tax With Assessments: 9960
Building Information
Finished SqFt Above Ground: 2052
Income and Expenses
Annual Fuel Expense: 487
Annual Gross Expenses: 8747
Annual Gross Income: 43380
Annual Insurance Expense: 2473
Annual Maintenance Expense: 1200
Annual Repair Expense: 1314
Annual Trash Expense: 1472
Annual Water/Sewer Expense: 1801
Total Annual Expenses: 8747
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 23
Section#: 06
Township#: 28
Unit 1
Furnished?: No
Leased?: Yes
Level: Main Level
Unit Number: 1
Annual Rent: 13140
Finished SqFt: 790
Full Baths: 1
Monthly Rent: 1095
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 5
Unit 2
Furnished?: No
Leased?: Yes
Level: 2nd Level
Unit Number: 2
Annual Rent: 163220
Finished SqFt: 735
Full Baths: 1
Monthly Rent: 1360
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 6
Unit 3
Furnished?: No
Leased?: No
Level: Main Level
Unit Number: 3
Annual Rent: 13920
Finished SqFt: 550
Full Baths: 1
Monthly Rent: 1160
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 5
Unit Details
Total Units: 3
Property Features
Accessible: None
Amenities Shared: Coin-op Laundry Owned
Basement: Shared Access; Storage Space; Unfinished
Construction Status: Previously Owned
Exterior: Aluminum Siding; Stucco
Financing Terms: Conventional
Foundation: Concrete Perimeter
Fuel: Natural Gas
Heating: Forced Air
Roof: Age 8 Years or Less; Flat
Sellers Terms: Cash; Conventional; FHA; VA
Sewer: City Sewer/Connected
Stories: Two
Water: City Water/Connected

Listing Office: Home Avenue Flat Fee Realty

Last Updated: October - 08 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Friday 9th of October 2026 03:07 PM

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