3408 Stevens Avenue, Minneapolis, Minnesota 55408

MN, Minneapolis
$750,000
  • Commercial Sale Property Type
  • 1923 Year Built
  • Active Status
See All 15 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

A 6-unit multifamily investment opportunity located in the Lyndale neighborhood of South Minneapolis. The property is comprised of four two-bedroom units & two one-bedroom units.

A new high-efficiency boiler & two new water heaters were installed in 2024. The windows were replaced in 2019. The building is currently enrolled in the Minneapolis 4D program, providing a significant reduction in annual property tax expense. There is off-street parking in the back of the building; one space for each unit. All current tenants are on month-to-month leases.

The property is well located for easy access to I-35W as well as for easy access to numerous neighborhood amenities toward Lyndale Avenue & beyond.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 6826491
  • Price: $750,000
  • Year Built: 1923
  • Listing Status: Active
  • Office Name: MRG Realty Partners, LLC
Features
  • Heating System Boiler
  • Parking Parking Lot
  • Utilities Electric Separate
  • Exterior Features Stucco
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Hennepin
  • City Minneapolis
  • Zipcode 55408
  • Street: Stevens
  • Street Number: 3408
  • Street Suffix: Avenue
  • Longitude: W94° 43' 27.4''
  • Latitude: N44° 56' 27.2''
  • Directions: I-35W to Exit 14 (35th St / 36th St)
Neighborhood
  • High School District: Minneapolis
MLS Addon
  • Office Name: MRG Realty Partners, LLC
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Current Use: Residential
  • Foundation Details: Block
  • Lot Size Dimensions: 45 x 131 x 45 x131
  • Number Of Units Total: 6
Financial
  • Tax Annual Amount: 2652
Listing Information
  • Co List Agent Mls Id: 506021198
  • Co List Office Mls Id: 26013
  • Co List Office Name: MRG Realty Partners, LLC
  • List Agent Mls Id: 506015287
  • List Office Mls Id: 26013
  • Modification Timestamp: 2026-08-27T10:35:10Z
  • Originating System Name: NorthStar
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