Map
Listed price in listed location currency (USD).
$1,275,000

000

MLS® 7088940

Overview

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $12,809
Days Active 0
Lot Size 
Approx. Age 1966
MLS® Number 7088940

Property Address: 3400 10th Avenue S, Minneapolis, MN, 55407

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

Description

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.
MLS® Number7088940
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1966
Basement
DrivewayParking Lot
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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