Property for Sale in Minneapolis
3001 N 3rd Street
Minneapolis, MN 55411
Property Details
Year Built
1963
Square Feet
7,392
Parking Features
Assigned,Paved
Zoning
Residential-Multi-Family
2025 Property Taxes
$7,682
School District
Minneapolis
County
Hennepin
Turn-key 8-unit apartment building offering a cash-flowing investment at affordable rent levels. The property includes six 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. Units have been recently renovated, including new kitchens, countertops, flooring, and fixtures. Rents are set below 50% of the area median income (AMI), and the building is enrolled in the Minneapolis 4d Affordable Housing Program, providing approximately 40% in annual property tax savings. Additional improvements include upgraded mechanical systems, commercial-grade security and access controls, and a newly paved parking lot with off-street parking and on-site laundry. The building is fully stabilized; however,
Features
Utilities
Electric Separate,Hot Water Common
Cooling
Wall Unit(s)
Heating
Boiler
Sewer
City Sewer/Connected
Water
Public
Additional Info
Includes
Range,Refrigerator
Listed By
Matthew Rich of LPT Realty, LLC
Listed
06/20/25 and last updated 07/15/25

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