3215 Chicago Avenue S, Minneapolis, MN

$499,900

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4

Beds

4

Baths

2,760

Square feet

0.11

Acres

About 3215 Chicago Avenue S

Solid brick fourplex on Chicago Avenue South, three units leased and a vacant fourth ready for the next owner to set the rate. Current rents run $1,175 to $1,200 per month with long-term tenants in place. The boiler was replaced seven years ago and the water heater for Unit 2 is new in 2023. Hardwood floors throughout, radiator heat, and individual water heaters per unit. A Metro Transit stop sits directly in front of the building, making this an easy leasing story for future tenants. Consistent occupancy in a neighborhood with steady rental demand.

Features of 3215 Chicago Avenue S

MLS® # 7096268
Price $499,900
Bedrooms 4
Bathrooms 4.00
Square Footage 2,760
Acres 0.11
Year Built 1929
Type Residential Income
Sub-Type Apartment
Status Active

Community Information

Address 3215 Chicago Avenue S
Area 64
City Minneapolis
County Hennepin
State MN
Zip Code 55407

Amenities

Amenities Coin-op Laundry Owned, Patio
Is Waterfront No
Has Pool No

Interior

Heating Hot Water
Fireplace No

Exterior

Exterior Features Stucco
Lot Description Public Transit (w/in 6 blks)
Roof Flat

School Information

District Minneapolis

Additional Information

Days on Market 52
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $8,532

Listing Details

OfficeJason Mitchell Group

Listing Map

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