Property for Sale in Minneapolis
3407 Lyndale S Avenue
Minneapolis, MN 55408

Price
$955,000

MLS #
7023006

Status
Active


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Property Details

Year Built
1925

Square Feet
6,543

Parking Features
Detached Garage,Asphalt,Parking Lot,Paved Lot,Unassigned

Zoning
Business/Commercial, Residential-Multi-Family

2026 Property Taxes
$14,934

School District
Minneapolis

County
Hennepin


This extensively remodeled five-unit apartment building represents a rare, turn-key investment opportunity with both immediate income and long-term upside. The property features four spacious two-bedroom, one-bath units and a highly desirable three-bedroom, two-bath unit, complemented by a two-car garage and additional off-street parking. Kitchens have been fully updated with new cabinetry, modern appliances, fresh countertops, and in-unit or on-site laundry options, while refinished flooring, updated paint, select new windows and doors, and refreshed bathrooms with new tile enhance tenant appeal throughout. Importantly for the discerning investor, the ownership approach prioritized durability and longevity—plumbing, electrical, and other behind-the-walls infrastructure were upgraded with a long-term hold strategy in mind, materially reducing future capital expenditure risk. All five units are currently leased. Additional tenant amenities include basement storage lockers and shared laundry. The sale is driven solely by the seller’s pursuit of a new business venture, creating a compelling opportunity to acquire a well-maintained, thoughtfully upgraded asset built for stable performance well into the future.


Lyndale Ave S to 3407


Lyndale Ave S to 3407

Features


Utilities
Electric Separate,Heating Common,Hot Water Common

Cooling
Window Unit(s)

Heating
Boiler,Radiator

Sewer
City Sewer/Connected

Water
Public

Additional Info


Includes
Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer

Listed By
Ryan Fischer of RE/MAX Results

Listed
02/17/26 and last updated 02/24/26

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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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