USAMNMinneapolisMaben & Whites Add3537 11Th Ave S
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$1,195,000

For Sale

2 hours ago

3537 11Th Ave S, Minneapolis, MN

House

MLS® 7071343

11 Bed

11 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $19,693
Days Active 0
Lot Size 
Approx. Age 1961
MLS® Number 7071343

Property Address: 3537 11th Ave S, Minneapolis, MN, 55407-2139

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

Description

3537 11th Ave S, Minneapolis, MN 55407 presents an exceptional opportunity to acquire a fully occupied 11-unit multifamily property in one of South Minneapolis’ strongest rental corridors. The building consists of spacious one-bedroom apartments and has maintained a long history of 100% occupancy with consistent tenant demand and active waiting lists, demonstrating the area’s strong need for affordable workforce housing. Located in the highly desirable Powderhorn Park neighborhood near parks, public transit, shopping, restaurants, and universities, the property attracts stable long-term renters including young professionals, students, healthcare workers, and service employees. The asset features updated units, controlled access, on-site laundry, security system, on-site parking in addition to abundant free street parking, and a strong operational history, providing dependable cash flow with additional upside through future rent growth and continued improvements. Current rents are below market, providing investors with a clear value-add opportunity to increase income and maximize returns through strategic rent adjustments while maintaining strong occupancy. Comparable multifamily properties in the immediate area continue to experience low vacancy rates and strong investor demand due to the neighborhood’s affordability, walkability, and accessibility, making this an outstanding opportunity for investors seeking a stabilized, income-producing asset with long-term appreciation potential in a proven Minneapolis rental market.
MLS® Number7071343
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1961
Basement
DrivewayParking Lot
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 18, 2026List Date
$1,195,000List Price
  • Commute

Commute

Starting Address
Destination Address
3537 11Th Ave S, Minneapolis, MN

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