3407 Lyndale S Avenue, Minneapolis, Minnesota 55408

MN, Minneapolis
$899,000
  • 11 Beds
  • 6 Bath
  • Commercial Sale Property Type
  • 1925 Year Built
  • Active Status
See All 49 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

This extensively remodeled five-unit apartment building represents a rare, turn-key investment opportunity with both immediate income and long-term upside. The property features four spacious two-bedroom, one-bath units and a highly desirable three-bedroom, two-bath unit, complemented by a two-car garage and additional off-street parking. Kitchens have been fully updated with new cabinetry, modern appliances, fresh countertops, and in-unit or on-site laundry options, while refinished flooring, updated paint, select new windows and doors, and refreshed bathrooms with new tile enhance tenant appeal throughout. Importantly for the discerning investor, the ownership approach prioritized durability and longevity—plumbing, electrical, and other behind-the-walls infrastructure were upgraded with a long-term hold strategy in mind, materially reducing future capital expenditure risk. All five units are currently leased. Additional tenant amenities include basement storage lockers and shared laundry. The sale is driven solely by the seller’s pursuit of a new business venture, creating a compelling opportunity to acquire a well-maintained, thoughtfully upgraded asset built for stable performance well into the future.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 7023006
  • Price: $899,000
  • Year Built: 1925
  • Listing Status: Active
  • Office Name: RE/MAX Results
  • Roof: Rubber,Flat
Features
  • Swimming Pool None
  • Heating System Boiler,Radiator
  • Cooling System Window Unit(s)
  • Basement Full,Finished,Egress Window(s),Storage Space,Storage/Locker
  • Parking Detached Garage,Asphalt,Parking Lot,Unassigned,Paved Lot
  • Utilities Electric Separate,Heating Common,Hot Water Common
  • Exterior Features Stucco
  • Flooring Wood
  • Sewer City Sewer/Connected
Appliances
  • Dishwasher
  • Dryer
  • Microwave
  • Refrigerator
  • Washer
  • Range
Address Map
  • Country US
  • State MN
  • County Hennepin
  • City Minneapolis
  • Zipcode 55408
  • Street: Lyndale
  • Street Number: 3407
  • Street Suffix: Avenue
  • Longitude: W94° 42' 44.1''
  • Latitude: N44° 56' 27.4''
  • Directions: Lyndale Ave S to 3407
  • Street Dir Suffix: S
Neighborhood
  • High School District: Minneapolis
MLS Addon
  • Office Name: RE/MAX Results
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Building Size: 6543
  • Current Use: Residential
  • Foundation Details: Other
  • Garage: 2
  • Levels: Two
  • Lot Features: Tree Coverage - Light,Public Transit (w/in 6 blks)
  • Lot Size Dimensions: 45x121
  • Number Of Units Total: 5
Financial
  • Tax Annual Amount: 14934
Listing Information
  • List Agent Mls Id: 502041718
  • List Office Mls Id: 5353
  • Modification Timestamp: 2026-09-10T02:26:06Z
  • Originating System Name: NorthStar
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