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