USAMNMinneapolisBlooms Sub of Lts 24 & 32 Lawrence3343 15Th Avenue S
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$580,000

For Sale

10 days ago

3343 15Th Avenue S, Minneapolis, MN

House

MLS® 7093995

7 Bed

5 Bath

--

2 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage Yes
Taxes $9,343
Days Active 10
Lot Size 0.11 Acres
Approx. Age 1905
MLS® Number 7093995

Property Address: 3343 15th Avenue S, Minneapolis, MN, 55407

Average square foot calculated using Size range provided by listing agent.

Description

3343 15th Avenue South is a classic up-down five-unit apartment building built in 1905 and ideally positioned directly across from Powderhorn Park, the Powderhorn Park Recreation Center, public pool, and adjacent parking lot. Located in a proven rental corridor of South Minneapolis, the property features spacious units with hardwood floors, high ceilings, strong natural light, and a history of consistent occupancy. Well-maintained through attentive ownership and professional management, the property has benefited from consistent care and investment over time. The asset generates attractive current cash flow while offering significant value-add potential through improved operational efficiencies. Offered at $580, 000 with a pro forma cap rate of 8.6%, the property presents an excellent opportunity for a first-time investor or owner-operator seeking a well-located multifamily asset with stable income, strong rental demand, and substantial upside potential in one of Minneapolis' most established neighborhoods.
MLS® Number7093995
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1905
Basement
DrivewayDetached Garage
Garage Spaces
HeatBoiler
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 16, 2026List Date
$580,000List Price
  • Commute

Commute

Starting Address
Destination Address
3343 15Th Avenue S, Minneapolis, MN

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