3043 Grand Avenue S, Minneapolis, MN 55408
Status: For Sale
$669,000
$30,000 from List PriceWELCOME HOME
Get to know this property.
Opportunity to acquire a four-unit multifamily property offering approximately 2,564 SF of living space on a 5,663 SF lot. Built in 1900, the property has benefited from significant capital improvements, including new windows, siding, four water heaters, and four forced air furnaces, along with recent appliance and furnishing upgrades. The property features three 1-bedroom/1-bath units and one studio, all with private entrances, updated kitchens, and flexible furnished configurations. All four units are currently occupied and operating as furnished short-term rentals through airbnb, providing an established rental history and immediate income-producing use, while offering flexibility for short, medium, or long-term rental strategies. The property presents an opportunity for both an investor seeking an established multifamily asset and an owner-occupant looking to live in one unit while generating rental income from the remaining units. Free convenient on-street parking and shared outdoor space further enhance the property's appeal.
The details that matter.
A closer look at the location.
3043 Grand Ave S sits just east of I-35W in the LynLake/Uptown area, between Lake Street and 31st Street.
This listing has been entered by the following office: Strata Real Estate Resources
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