Property Description Very clean professionally managed 14 Unit (6 1Br & 8 Studios) Brownstone in the heart of South Mpls featuring spacious updated studios and one-bedroom apartments with loads of character and charm throughout the building. Located in the Lyndale neighborhood with a great walk score of 83 - Shopping, dining, nightlife and entertainment are within blocks in every direction as well as the famous "Eat-Street". Newer roof, boiler, common area updates and updated units. 15 off street parking spaces (extra PID behind building). Great addition to any investment portfolio! No need to get financing, Buyer can assume a very low-interest rate Freddie Mac mortgage of 3.46%, maturing in February of 2031. Opportunities like this do not come along often.
Details
Maps
Contract Information
Status: Active
Current Price: 1311900
Contingency: Subject to Financing
ListPrice: 1311900
List Date: 2026-07-13
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 15
Waterfront YN: No
Year Built: 1939
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 3400
For Sale or Lease: For Sale
Acres: 0.18
Lot Dimensions: 53.00 X 145.50
Assessment Pending: No
Location Tax and Other Information
House Number: 3322
Street Name: Blaisdell
Street Suffix: Avenue
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55408
Complex/Dev/Subdivision: Nicollet Add
Assessments
Tax With Assessments: 22596
Building Information
Building Finished SqFt: 10200
Building SqFt: 10200
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 03
Township#: 28
Sale Options
Sale Includes: Building, Land, Rental License
Unit 1
No. of 1 Bedroom Units: 6
Unit Details
Total Units: 14
Unit Information
No. of Efficiency Units: 8
Property Features
Accessible: None
Assumable Loan: Yes w/ Qualifying
CMU Style: Apartments/Multi Family
Construction Status: Previously Owned
Current Use: Other
Existing Financing: Other
Exterior: Brick/Stone
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Boiler
Loan Terms: Assumable
On Site Utilities: Electric Separate; Heating Common; Hot Water Common