3232 3Rd Ave S, Minneapolis, MN

Name: 3232 3Rd Ave S, For Sale in Minneapolis - Zoocasa
Brand: Keller Williams Classic Rlty NW
SKU: 7046327
Price: 425000 USD

House

For Sale

Listed price in listed location currency (USD).

$425,000

520

MLS® 7046327

Overview

Key Facts

Type Duplex

Levels Residential Income

Size 2560 sqft

Garage

Taxes $5,100

Days Active 1

Lot Size

Approx. Age 1902

Avg. Price Per Sqft $166

MLS® Number 7046327

Property Address: 3232 3rd Ave S, Minneapolis, MN, 55408-3225

Average square foot calculated using Size range provided by listing agent.

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. Owner occupant investors welcomed with lower unit lease ending 5/31! 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 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.

MLS® Number7046327

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1902

BasementFull, Unfinished

DrivewayGravel

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 2, 2026List Date

$425,000List Price

-End Date

Not Sold YetSold Price

For Sale

Oct 28, 2025List Date

$449,000List Price

How Much House Can I Afford?

Home Estimate Zoopraisal®

This property is estimated to sell between: $318,000 and $479,000.

Similar properties in this area sold on average for: $318,414

Expected to sell in 28 days. Similar properties sold in 29 days. This home has been on Zoocasa for 1 day.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Map

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