Minneapolis, MN 55408,3408 Stevens AVE
Minneapolis, MN 55408,3408 Stevens AVE
Minneapolis, MN 55408,3408 Stevens AVE
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$750,000
Est. payment /mo
6,098 Sqft Lot
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Nicollet Ave Add

MLS Listing ID 6826491

Year Built 1923

Annual Tax Amount $2,652

Tax Year 2025

Contingent None

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 45 x 131 x 45 x131

Property Description

A 6-unit multifamily investment opportunity located in the Lyndale neighborhood of South Minneapolis. The property is comprised of four two-bedroom units & two one-bedroom units.

A new high-efficiency boiler & two new water heaters were installed in 2024. The windows were replaced in 2019. The building is currently enrolled in the Minneapolis 4D program, providing a significant reduction in annual property tax expense. There is off-street parking in the back of the building; one space for each unit. All current tenants are on month-to-month leases.

The property is well located for easy access to I-35W as well as for easy access to numerous neighborhood amenities toward Lyndale Avenue & beyond.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Interior

Heating Boiler

Inclusions Building

Fireplace No

Exterior

Parking Features Parking Lot

Utilities Available Electric Separate

Present Use Residential

Building

Foundation 6098

Sewer City Sewer/Connected

Water City Water/Connected

New Construction false

Schools

School District Minneapolis


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Listed by David Dirkers • MRG Realty Partners, LLC
Kimberly Miller
Kimberly Miller

Broker

+1(612) 710-2609 | smile@kimberlymillerrealty.com

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