3132 Minnehaha Avenue, Minneapolis, MN 55406

Minneapolis
Local realty services provided by:ERA Prospera Real Estate
3132 Minnehaha Avenue,Minneapolis, MN 55406
$599,900
  • 8 Beds
  • 4 Baths
  • 4,488 sq. ft.
  • Multi-family
  • Active
Listed by: donald c frable
Office: frable realty
MLS#:7051738
Source:NSMLS

Price summary

  • Price:$599,900
  • Price per sq. ft.:$89.11

About this home

Whether you're ready to live virtually rent-free while your tenants cover the mortgage, or simply want a high-performing asset in your portfolio, this is the property you've been waiting for! This fourplex offers four spacious 2-bed/1-bath units, each featuring beautiful hardwood floors, built-in buffets, and classic character throughout. Recent tile upgrades in the kitchens and baths and freshly refinished hardwood floors mean some work has already been done.... with a little additional updating, rents have real room to grow. Tenants enjoy the independence of their own boiler, water heater, and separate gas and electric meters, keeping utility costs squarely off the owner's plate and making expense management simple. A long-term tenant in the 4-car garage adds reliable income from day one. The versatile sunrooms that have served as a third bedroom in the past are a great value-add for future leasing. The location is a true standout. Nestled in one of south Minneapolis's most walkable...

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Home facts

  • Year built:1914
  • Listing ID #:7051738
  • Added:46 day(s) ago
  • Updated:May 27, 2026 at 06:06 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Basement:Yes
  • Basement Description:Daylight / Lookout Windows, Full, Shared Access, Storage Space, Storage/Locker, Unfinished
  • Living area:4,488 sq. ft.

Heating and cooling

  • Heating:Hot Water

Structure and exterior

  • Roof:Flat
  • Year built:1914
  • Building area:4,488 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Level
  • Construction Materials:Block
  • Levels:2 Story

Utilities

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

Finances and disclosures

  • Price:$599,900
  • Price per sq. ft.:$89.11
  • Tax amount:$9,705 (2025)

Features and amenities

  • Laundry features:Coin-op Laundry Owned

Parking

  • Parking description:Detached Garage, Parking Lot
  • Garage:Yes
  • Garage spaces:4
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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