Property Listing
Description
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!
Property Information
Status: Active
Sub Type: ********
List Price: $449,000
MLS#: 6807838
Current Price: $449,000
Address: 3232 3rd Avenue S, Minneapolis, MN 55408
City: Minneapolis
State: MN
Postal Code: 55408
Geo Lat: 44.943812
Geo Lon: -93.273188
Subdivision:
County: Hennepin
Property Description
Year Built: 1902
Lot Size SqFt: 6098.4
Gen Tax: 5099.5
Specials Inst: 0
High School: ********
Square Ft. Source:
Above Grade Finished Area:
Below Grade Finished Area:
Below Grade Unfinished Area:
Total SqFt.: 2560
Style: Array
Total Bedrooms: 5
Total Bathrooms: 2
Total Full Baths:
Garage Type:
Garage Stalls: 0
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: