3043 Grand Avenue S, Minneapolis, MN 55408

Minneapolis
Local realty services provided by:ERA Prospera Real Estate
3043 Grand Avenue S,Minneapolis, MN 55408
$699,000
  • 4 Beds
  • 4 Baths
  • 2,564 sq. ft.
  • Multi-family
  • Active
Listed by: patrick b. corbett
Office: strata real estate resources
MLS#:7129459
Source:NSMLS

Price summary

  • Price:$699,000
  • Price per sq. ft.:$272.62

About this home

Opportunity to acquire a four-unit multifamily property offering approximately 2,564 SF of living space on a 5,663 SF lot. Built in 1900, the property has benefited from significant capital improvements, including new windows, siding, four water heaters, and four forced air furnaces, along with recent appliance and furnishing upgrades. The property features three 1-bedroom/1-bath units and one studio, all with private entrances, updated kitchens, and flexible furnished configurations. All four units are currently occupied and operating as furnished short-term rentals through airbnb, providing an established rental history and immediate income-producing use, while offering flexibility for short, medium, or long-term rental strategies. The property presents an opportunity for both an investor seeking an established multifamily asset and an owner-occupant looking to live in one unit while generating rental income from the remaining units. Off-street parking and shared outdoor space...

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Home facts

  • Year built:1900
  • Subdivision & Development:Motor Line Add
  • Listing ID #:7129459
  • Added:3 day(s) ago
  • Updated:August 23, 2026 at 12:07 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Basement:Yes
  • Basement Description:Crawl Space
  • Living area:2,564 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1900
  • Building area:2,564 sq. ft.
  • Lot area:0.13 Acres
  • Levels:2 Story

Utilities

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

Finances and disclosures

  • Price:$699,000
  • Price per sq. ft.:$272.62
  • Tax amount:$9,383 (2026)

Parking

  • Parking description:On-Street Parking Only
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