Home for Sale in Minneapolis
3514 Grand S Avenue
Minneapolis, MN 55408
Property Details
No. of Units
3
Year Built
2005
Square Feet
5,400
Acres
0.13
2026 Property Taxes
$14,668
School District
Minneapolis
County
Hennepin
A rare turnkey 2005-built triplex, with an extra studio/storage space, in one of Minneapolis's most in-demand rental submarkets — this property offers investors a stabilized asset with strong, consistent rents across all four units. The property has had zero vacancies in five years, and strong tenant quality and rental history make it a proven income producer from day one, not a projection. Current gross rents total $7,650 per month, or $91,800 annually. There's also a clear value-add lever: water can be separately metered so tenants cover their own usage, immediately improving NOI. Built in 2005, the property is newer construction than most of the surrounding rental stock, meaning lower near-term capex risk on major systems, and all the units feature modern kitchens, updated baths, and in-unit laundry — amenities that support premium rents and tenant retention. Located within walking distance to Uptown's restaurants, retail, and transit, the property benefits from the kind of walkability that keeps this submarket in consistent demand and supports long-term appreciation. With stabilized cash flow and a clear expense-reduction opportunity, this property offers rare in-place income in one of Uptown's tightest rental markets.
I-35 to 35th-36th Street, west on 35th Street to Grand Avenue, south to property.
Unit Information
Unit 1
Unit 2
Unit 3
Features
Heating
Forced Air
Sewer
City Sewer/Connected
Water
Public
Lot Size
45x129
Foundation
Block
Additional Info
Listed By
Shelbie Walsh of Real Broker, LLC
Listed
05/22/26 and last updated 08/28/26
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.
