Property for Sale in Minneapolis
3537 11th S Avenue
Minneapolis, MN 55407

Price
$1,185,000

MLS #
7071343

Status
Active


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Property Details

Year Built
1961

Square Feet
8,556

Parking Features
Parking Lot

Zoning
Residential-Multi-Family

2026 Property Taxes
$19,693

School District
Minneapolis

County
Hennepin


3537 11th Ave S, Minneapolis, MN 55407 presents an exceptional opportunity to acquire a fully occupied 11-unit multifamily property in one of South Minneapolis’ strongest rental corridors. The building consists of spacious one-bedroom apartments and has maintained a long history of 100% occupancy with consistent tenant demand and active waiting lists, demonstrating the area’s strong need for affordable workforce housing. Located in the highly desirable Powderhorn Park neighborhood near parks, public transit, shopping, restaurants, and universities, the property attracts stable long-term renters including young professionals, students, healthcare workers, and service employees. The asset features updated units, controlled access, on-site laundry, security system, on-site parking in addition to abundant free street parking, and a strong operational history, providing dependable cash flow with additional upside through future rent growth and continued improvements. Current rents are below market, providing investors with a clear value-add opportunity to increase income and maximize returns through strategic rent adjustments while maintaining strong occupancy. Comparable multifamily properties in the immediate area continue to experience low vacancy rates and strong investor demand due to the neighborhood’s affordability, walkability, and accessibility, making this an outstanding opportunity for investors seeking a stabilized, income-producing asset with long-term appreciation potential in a proven Minneapolis rental market.


36th street 10 11th ave, north to bldg


36th street 10 11th ave, north to bldg

Features


Utilities
Electric Separate,Heating Separate

Cooling
Window Unit(s)

Heating
Boiler

Sewer
City Sewer/Connected

Water
Public

Foundation
Brick/Mortar

Additional Info


Listed By
Ahmed Samatar of Universal Realty LLC

Listed
05/18/26 and last updated 05/30/26

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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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