3025 Park Avenue, Minneapolis, MN 55407

Local realty services provided by:ERA Prospera Real Estate
3025 Park Avenue,Minneapolis, MN 55407
$499,900
  • - Beds
  • - Baths
  • 2,800 sq. ft.
  • Multi-family
  • Active
Listed by: barbara hoberg
Office: re/max results
MLS#:6710045
Source:NSMLS

Price summary

  • Price:$499,900
  • Price per sq. ft.:$119.02

About this home

Buyer's financing did not come through, so this little gem is back on the market! Do not miss the opportunity to make this charming income producing 4plex yours. Priced to move, these four 1 bed 1 bath units always rent well, and are a great opportunity for long term rentals or could be fantastic for an airbnb. Property is less than 2 miles from 2 major hospitals, so renting to traveling healthcare workers is another income option. Units have hardwood floors and tons of natural light, and building has a newer boiler system. Located on Park Ave and Lake Street the property is a straight shot to downtown, and conveniently located near local shopping, restaurants, and the Midtown Greenway. There are 4 garages, and storages units, one for each apartment and laundry in the basement. There is plenty of opportunity for additional income on this property, and there's the possibility to house hack, at this price, it won't last long.

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Home facts

  • Year built:1937
  • Listing ID #:6710045
  • Added:292 day(s) ago
  • Updated:February 12, 2026 at 06:43 PM

Rooms and interior

  • Living area:2,800 sq. ft.

Heating and cooling

  • Heating:Baseboard, Boiler

Structure and exterior

  • Year built:1937
  • Building area:2,800 sq. ft.
  • Lot area:0.11 Acres

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$499,900
  • Price per sq. ft.:$119.02
  • Tax amount:$8,280 (2025)
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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