Home for Sale in Minneapolis
3204 23rd S Avenue
Minneapolis, MN 55407

Price
$495,900

MLS #
6723443

Status
Pending


Request Showing

Property Details

No. of Units
1

Year Built
1912

Square Feet
4,584

Acres
0.14

2025 Property Taxes
$1,941

School District
Minneapolis

County
Hennepin


Discover a rare opportunity to own a well-maintained 4-unit investment property that has been lovingly cared for by the same family since 1985. Tucked away on a quiet street in the sought-after Corcoran neighborhood, this property offers the charm of residential living with quick access to Lake Street shops, restaurants, and Light Rail transit. Each unit has seen thoughtful updates over the years, including: Four new water heaters (2020) Four new forced air furnaces (2020) Modernized kitchens and bathrooms in three of the four units In addition to its excellent condition, this property offers multiple value-add opportunities for the next owner in order to optimize rents. The property is also enrolled in the 4D Affordable Housing Incentive Program, providing significantly reduced property taxes through 2029 — a major boost to your cash-flow. Whether you're looking to live in one unit and rent the others or add a reliable asset to your investment portfolio, this property delivers flexibility, future upside, and enduring neighborhood appeal.

6723443
Leaflet | Map data © Mapbox contributors

From Lake St, go South on 21st Ave S. Go East on 32nd ST. Go South on 23rd. Property is on the right.


From Lake St, go South on 21st Ave S. Go East on 32nd ST. Go South on 23rd. Property is on the right.

Unit Information


Unit 1

Features


Electric
Circuit Breakers

Heating
Forced Air

Sewer
City Sewer/Connected

Water
Public

Fencing
Chain Link

Additional Info


Listed By
John Stiles of First Select

Listed
05/23/25 and last updated 07/12/25

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Based on information submitted to the MLS GRID or Trestle as of DATE and TIME. All data is obtained from various sources and may not have been verified by the broker, MLS GRID, or Trestle. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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