Property for Sale in Minneapolis
3400 10th S Avenue
Minneapolis, MN 55407

Price
$1,275,000

MLS #
7088940

Status
Active


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Property Details

Year Built
1966

Square Feet
7,208

Parking Features
Parking Lot

Zoning
Residential-Multi-Family

2026 Property Taxes
$12,809

School District
Minneapolis

County
Hennepin


12-unit multifamily in Minneapolis's Powderhorn Park neighborhood offered at $1,275,000 ($106,250/door). Built in 1966, the property sits directly across from Powderhorn Park's tennis courts and 66 acres of green space, giving tenants immediate access to one of Minneapolis's most recognized parks. Recent capital upgrades include a brand new parking lot in 2025, a new boiler in 2026, newer water heater, and updated electrical. Many units have already been renovated and the property is part of the Minneapolis 4D program providing low taxes and numerous appliance upgrades. The mixed unit mix of 7 one-bedroom and 5 two-bedroom units delivers broad renter appeal with market rents of $1,125 and $1,325 respectively and a potential NOI of $100,318. Available individually or as part of a 7-property, 89-unit South Minneapolis portfolio offered at $9,750,000. Refer to the Offering Memorandum for more information.


From I-35W, take the 36th Street exit and head east, then turn left on 10th Avenue South and proceed north to 3400 10th Ave S on your left.


From I-35W, take the 36th Street exit and head east, then turn left on 10th Avenue South and proceed north to 3400 10th Ave S on your left.

Features


Utilities
Electric Common,Electric Separate,Heating Common

Heating
Boiler

Sewer
City Sewer/Connected

Water
Public

Foundation
Block

Additional Info


Listed By
Mike Sowers of Commercial Investors Group LLC

Listed
06/08/26 and last updated 06/08/26

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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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