3043 Grand S Avenue, Minneapolis, Minnesota 55408

MN, Minneapolis
$699,000
  • 4 Beds
  • 4 Bath
  • Residential Income Property Type
  • 1900 Year Built
  • Active Status
See All 16 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

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. Free convenient on-street parking and shared outdoor space further enhance the property’s appeal.

Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 7129459
  • Price: $699,000
  • Year Built: 1900
  • Listing Status: Active
  • Office Name: Strata Real Estate Resources
  • Property Sub Type: Fourplex
Features
  • Heating System Forced Air
  • Basement Crawl Space
  • Fence Wood,Full
  • Parking On-Street Parking Only
  • Exterior Features Vinyl
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Hennepin
  • City Minneapolis
  • Zipcode 55408
  • Street: Grand
  • Street Number: 3043
  • Street Suffix: Avenue
  • Longitude: W94° 42' 57.8''
  • Latitude: N44° 56' 48.9''
  • Directions: 3043 Grand Ave S sits just east of I-35W in the LynLake/Uptown area, between Lake Street and 31st Street.
  • Street Dir Suffix: S
Neighborhood
  • High School District: Minneapolis
MLS Addon
  • Office Name: Strata Real Estate Resources
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Association Amenities: Other
  • Building Size: 2564
  • Foundation Details: Brick/Mortar
  • Levels: Two
  • Lot Size Dimensions: 46 x 124
  • Number Of Units Total: 4
Financial
  • Tax Annual Amount: 9383
Listing Information
  • List Agent Mls Id: 506005328
  • List Office Mls Id: 25873
  • Modification Timestamp: 2026-09-22T17:10:06Z
  • Originating System Name: NorthStar
Mortgage Calculator
$
$ %
years
%
$ % per year
$ %per year
$