3400 Elliot Avenue, Minneapolis, Minnesota 55407

MN, Minneapolis
$500,000
  • 4 Beds
  • 4 Bath
  • Residential Income Property Type
  • 1914 Year Built
  • Pending Status
See All 52 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

Classic Powderhorn fourplex offering split utilities, enduring original character, and consistent rental demand in one of South Minneapolis’ most established neighborhoods. Situated on a corner lot just blocks from Powderhorn Park, this well-maintained property features four spacious 1-bedroom, 1-bath units with separate gas and electric, individual furnaces and water heaters, shared laundry, off-street parking, and a detached two-stall garage. Each unit retains the architectural details that continue to support long-term rental appeal, including original hardwood floors, built-in buffets, natural woodwork, and. enclosed porches that provide additional functional living space. Recent improvements include fresh exterior paint, new gutters, updated LED lighting throughout, electronic locks, updated landscaping, shared laundry with new washer and dryer, and a new water heater. The property offers stable in-place income with additional upside potential through future improvements over time. Additional features
include basement storage lockers, rear deck access, and four off-street parking spaces in addition to the garage. Conveniently located near Powderhorn Park, transit, bike trails, downtown Minneapolis, and neighborhood dining and retail, this is an opportunity to acquire a well-positioned Minneapolis multi-family asset in a consistently strong rental corridor.

Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 7082395
  • Price: $500,000
  • Year Built: 1914
  • Listing Status: Pending
  • Office Name: Keller Williams Realty Integrity Lakes
  • Property Sub Type: Fourplex
  • Roof: Rubber,Flat
Features
  • Swimming Pool None
  • Heating System Forced Air
  • Basement Full,Shared Access,Unfinished,Storage/Locker
  • Fence Chain Link,Full
  • Parking Detached Garage
  • Exterior Features Stucco
  • Laundry Features In Basement
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Hennepin
  • City Minneapolis
  • Zipcode 55407
  • Street: Elliot
  • Street Number: 3400
  • Street Suffix: Avenue
  • Longitude: W94° 44' 18''
  • Latitude: N44° 56' 28.3''
  • Directions: From Park Ave, head east on E 34th St to Elliot Ave S. Property is located on the corner of E 34th St & Elliot Ave S.
Neighborhood
  • High School District: Minneapolis
MLS Addon
  • Office Name: Keller Williams Realty Integrity Lakes
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Association Amenities: Deck,Patio,Porch
  • Building Size: 4727
  • Foundation Details: Poured Concrete
  • Garage: 2
  • Levels: Two
  • Lot Features: Corner Lot
  • Lot Size Dimensions: 50x122
  • Number Of Units Total: 4
Financial
  • Tax Annual Amount: 8701
Listing Information
  • List Agent Mls Id: 502054971
  • List Office Mls Id: 6582
  • Modification Timestamp: 2026-09-01T14:47:07Z
  • Originating System Name: NorthStar
Mortgage Calculator
$
$ %
years
%
$ % per year
$ %per year
$