3232 3RD AVENUE
3232 3rd Avenue, Minneapolis, 55408, MN
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Price: $449,000
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Status type: For Sale
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City: Minneapolis
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Neighborhood: Central
Bedrooms: 0
Property Size :2560
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Listing Agent: NST10511,NST229369
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Property type : Duplex Up and Down
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Zip code: 55408
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Street: 3232 3rd Avenue
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Street: 3232 3rd Avenue
Bathrooms: N/A
Year: 1902
Listing Brokerage: Keller Williams Classic Rlty NW
DETAILS
The investment opportunity you’ve been waiting for! This massive duplex in the Central Neighborhood of South Minneapolis offers strong current income with future upside. Key capital improvements already completed, including brand-new boilers for both units, maintenance-free siding, updated windows, and nicely refreshed interiors—ideal for attracting top-market rents while minimizing future repair costs. With nearly 2,600 finished sq ft and over 5,600 total sq ft, this property features a large basement and walk-up attic currently used for tenant storage but offering potential for value-added expansion for the next owner. Ideal for both first-time investors or seasoned portfolio builders seeking a great addition to their portfolio. Units rented until June of 2026 at $1895 & May of 2026 at $1650. Owner pays for water/sewer/trash, tenants responsible for gas & electric. Don’t miss this cash-flow opportunity with built-in equity potential—schedule your showing today!
INTERIOR
Bedrooms: N/A
Fin ft² / Living Area: 2560 ft²
Below Ground Living: N/A
Bathrooms: N/A
Above Ground Living: 2560ft²
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Basement Details: Full, Unfinished,
Appliances Included:
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EXTERIOR
Air Conditioning: N/A
Garage Spaces: N/A
Construction Materials: N/A
Foundation Size: 1280ft²
Unit Amenities:
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Heating System:
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- Hot Water
- Boiler
LOT
Acres: N/A
Lot Size Dim.: 46x128
Longitude: 44.9438
Latitude: -93.2732
Zoning: Residential-Multi-Family
FINANCIAL & TAXES
Tax year: 2025
Tax annual amount: $5,100
MISCELLANEOUS
Fuel System: N/A
Sewer System: City Sewer/Connected
Water System: City Water/Connected
ADDITIONAL INFORMATION
MLS#: NST7818857
Listing Brokerage: Keller Williams Classic Rlty NW
ID: 4258578
Published: October 31, 2025
Last Update: October 31, 2025
Views: 1
