Home for Sale in Minneapolis
3132 Minnehaha Avenue
Minneapolis, MN 55406
Property Details
No. of Units
4
Year Built
1914
Square Feet
6,732
Acres
0.17
2025 Property Taxes
$9,705
School District
Minneapolis
County
Hennepin
Whether you're ready to live virtually rent-free while your tenants cover the mortgage, or simply want a high-performing asset in your portfolio, this is the property you've been waiting for! This fourplex offers four spacious 2-bed/1-bath units, each featuring beautiful hardwood floors, built-in buffets, and classic character throughout. Recent tile upgrades in the kitchens and baths and freshly refinished hardwood floors mean some work has already been done.... with a little additional updating, rents have real room to grow. Tenants enjoy the independence of their own boiler, water heater, and separate gas and electric meters, keeping utility costs squarely off the owner's plate and making expense management simple. A long-term tenant in the 4-car garage adds reliable income from day one. The versatile sunrooms that have served as a third bedroom in the past are a great value-add for future leasing. The location is a true standout. Nestled in one of south Minneapolis's most walkable and eclectic neighborhoods, residents have easy access to an array of local restaurants and merchants, plus everyday conveniences like Cub Foods, Aldi and Target — all within walking distance. The Lake Street and Minnehaha bus lines are steps from the front door, the light rail is just a few blocks away... Downtown Minneapolis, the airport, and St. Paul are all within easy reach. With one unit currently vacant, showings are easy to schedule with little notice — so don't wait!
Minnehaha Ave South of Lake street.
Unit Information
Unit 1
Unit 2
Unit 3
Unit 4
Features
Heating
Hot Water,Radiator
Sewer
City Sewer/Connected
Water
Public
Foundation
Block
Fencing
Partial
Additional Info
Listed By
Donald Frable of Frable Realty
Listed
04/11/26 and last updated 04/25/26
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.