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