3033 15TH AVENUE
3033 15th Avenue, Minneapolis, 55407, MN
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Price: $795,000
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Status type: For Sale
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City: Minneapolis
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Neighborhood: Powderhorn Park
Bedrooms: 0
Property Size :0
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Listing Agent: NST20986,NST85618
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Property type : Apartment
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Zip code: 55407
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Street: 3033 15th Avenue
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Street: 3033 15th Avenue
Bathrooms: N/A
Year: 1971
Listing Brokerage: WilliamRobert
FEATURES
- Range
- Refrigerator
DETAILS
First time available since 1999, this well-maintained 8-unit apartment building is a rare find in the heart of the Powderhorn neighborhood. The unit mix includes six 1-bedroom apartments and two studio units, all under the care of a dedicated owner-operator who has taken great pride in providing a quality, well-kept living environment for tenants. Also available for sale is an adjacent vacant lot, located at 3037 15th Ave S. Currently serving as green space, the lot is perfect for gardening, outdoor gatherings, or recreation. Even more, the lot presents a potential development opportunity for added value, whether for additional residential units, structured parking, or creative infill concepts (buyer to verify zoning and development options with the city). The property is enrolled in the Minneapolis 4d Affordable Housing Program, offering a significant property tax reduction in exchange for maintaining affordable rents—a major financial advantage for investors focused on long-term performance and community-minded housing. Located just a short walk from Powderhorn Park and the vibrant Lake Street corridor, residents enjoy easy access to green space, public transit, and a mix of eclectic restaurants, shops, and cultural amenities that make this area a Minneapolis gem. Whether you're looking to expand your portfolio, live on-site, or explore future development, this offering combines location, stability, tax benefits, and upside—making it a standout opportunity in today's market.
INTERIOR
Bedrooms: N/A
Fin ft² / Living Area: N/A
Below Ground Living: N/A
Bathrooms: N/A
Above Ground Living: N/A
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Basement Details: ,
Appliances Included:
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- Range
- Refrigerator
EXTERIOR
Air Conditioning: Wall Unit(s)
Garage Spaces: N/A
Construction Materials: N/A
Foundation Size: 2684ft²
Unit Amenities:
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Heating System:
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- Hot Water
- Boiler
LOT
Acres: N/A
Lot Size Dim.: 60 x 123
Longitude: 44.9474
Latitude: -93.2534
Zoning: Residential-Multi-Family
FINANCIAL & TAXES
Tax year: 2025
Tax annual amount: $2,238
MISCELLANEOUS
Fuel System: N/A
Sewer System: City Sewer/Connected
Water System: City Water/Connected
ADITIONAL INFORMATION
MLS#: NST7748672
Listing Brokerage: WilliamRobert
ID: 3700436
Published: May 27, 2025
Last Update: May 27, 2025
Views: 11
