3408 Stevens Avenue, Minneapolis, MN

$750,000

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0.14

Acres

About 3408 Stevens Avenue

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.

Features of 3408 Stevens Avenue

MLS® # 6826491
Price $750,000
Acres 0.14
Year Built 1923
Type Commercial Sale
Status Active

Community Information

Address 3408 Stevens Avenue
Area 48
Subdivision Nicollet Ave Add
City Minneapolis
County Hennepin
State MN
Zip Code 55408

Amenities

Utilities Electric Separate
Parking Parking Lot
Is Waterfront No
Has Pool No

Interior

Heating Boiler
Fireplace No

School Information

District Minneapolis

Additional Information

Zoning Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $2,652

Listing Details

OfficeMRG Realty Partners, LLC

Listing Map

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