3400 10th Avenue, Minneapolis, 55407, MN
Price: $1,275,000
Status type: For Sale
City: Minneapolis
Neighborhood: 64
Bedrooms: 0
Property Size :0
Listing Agent: NST26618,NST73453
Property type : Commercial Sale
Zip code: 55407
Street: 3400 10th Avenue
Street: 3400 10th Avenue
Bathrooms: N/A
Year: 1966
Listing Brokerage: Commercial Investors Group LLC
12-unit multifamily in Minneapolis's Powderhorn Park neighborhood offered at $1,275,000 ($106,250/door). Built in 1966, the property sits directly across from Powderhorn Park's tennis courts and 66 acres of green space, giving tenants immediate access to one of Minneapolis's most recognized parks. Recent capital upgrades include a brand new parking lot in 2025, a new boiler in 2026, newer water heater, and updated electrical. Many units have already been renovated and the property is part of the Minneapolis 4D program providing low taxes and numerous appliance upgrades. The mixed unit mix of 7 one-bedroom and 5 two-bedroom units delivers broad renter appeal with market rents of $1,125 and $1,325 respectively and a potential NOI of $100,318. Available individually or as part of a 7-property, 89-unit South Minneapolis portfolio offered at $9,750,000. Refer to the Offering Memorandum for more information.
Bedrooms: N/A
Fin ft² / Living Area: N/A
Below Ground Living: N/A
Bathrooms: N/A
Above Ground Living: N/A
Basement Details: ,
Appliances Included:
Air Conditioning: N/A
Garage Spaces: N/A
Construction Materials: N/A
Foundation Size: 2400ft²
Unit Amenities:
Heating System:
Acres: N/A
Lot Size Dim.: 89.40 X 127.10
Longitude: 44.9412
Latitude: -93.2604
Zoning: Residential-Multi-Family
Tax year: 2026
Tax annual amount: $12,809
Fuel System: N/A
Sewer System: City Sewer/Connected
Water System: City Water/Connected
MLS#: NST7914692
Listing Brokerage: Commercial Investors Group LLC ![]()