USAMNMinneapolisBakers Add3407 Lyndale Ave S
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$955,000

12 hours ago

3407 Lyndale Ave S, Minneapolis, MN

11 Bed

6 Bath

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MLS® 7023006

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage Yes
HOA Fees 
Taxes $14,934
Days Active 0
Approx. Age 1925
MLS® Number 7023006

Property Address: 3407 Lyndale Ave S, Minneapolis, MN, 55408-4184

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

Description

This extensively remodeled five-unit apartment building represents a rare, turn-key investment opportunity with both immediate income and long-term upside. The property features four spacious two-bedroom, one-bath units and a highly desirable three-bedroom, two-bath unit, complemented by a two-car garage and additional off-street parking. Kitchens have been fully updated with new cabinetry, modern appliances, fresh countertops, and in-unit or on-site laundry options, while refinished flooring, updated paint, select new windows and doors, and refreshed bathrooms with new tile enhance tenant appeal throughout. Importantly for the discerning investor, the ownership approach prioritized durability and longevity—plumbing, electrical, and other behind-the-walls infrastructure were upgraded with a long-term hold strategy in mind, materially reducing future capital expenditure risk. All five units are currently leased. Additional tenant amenities include basement storage lockers and shared laundry. The sale is driven solely by the seller’s pursuit of a new business venture, creating a compelling opportunity to acquire a well-maintained, thoughtfully upgraded asset built for stable performance well into the future.
MLS® Number7023006
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1925
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Land, Leases, Rental License

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 20, 2026List Date
$955,000List Price
  • Commute

Commute

Starting Address
Destination Address
3407 Lyndale Ave S, Minneapolis, MN

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