Listed By
Agency Name: Keller Williams Classic Rlty NW
Agency Phone: 763-463-7500
Shown By
Agent Name: The Miller Group
Agent Phone: (763) 286-2900
Agency Title: Counselor Realty
Property Description
The investment opportunity you've been waiting for! This massive duplex in the Central Neighborhood of South Minneapolis offers strong current income with future upside. Key capital improvements already completed, including brand-new boilers for both units, maintenance-free siding, updated windows, and nicely refreshed interiors?ideal for attracting top-market rents while minimizing future repair costs. Owner occupant investors welcomed with lower unit lease ending 5/31!With nearly 2,600 finished sq ft and over 5,600 total sq ft, this property features a large basement and walk-up attic currently used for tenant storage but offering potential for value-added expansion for the next owner. Ideal for both first-time investors or seasoned builders seeking a great addition to their portfolio. Units rented until June of 2026 at $1895 & May of 2026 at $1650. Owner pays for water/sewer/trash, tenants responsible for gas & electric.
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3232 3rd Avenue S, Minneapolis, MN 55408
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$ 2,810.90 per month $2,262.03 Principal & Interest $424.92 Property Tax $123.96 Homeowner's InsuranceChange Payment Information
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3232 3rd Avenue S, Minneapolis, MN 55408
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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
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3232 3rd Avenue S | MLS# 7046327
This multi-family property located at 3232 3rd Avenue S, Minneapolis, MN 55408 is currently listed for sale with an asking price of $425,000. 3rd Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on www.gaylemiller.realtor today.