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3300 41st Avenue S, Minneapolis, MN 55406

Status: Sold

3 units
2,052 sq ft

$391,250

$30,000 from List Price

WELCOME HOME

Get to know this property.

Rare South Minneapolis Triplex Opportunity in the Heart of Longfellow/Cooper! Don’t miss this well-maintained and well-located triplex in the highly desirable Cooper neighborhood of South Minneapolis. This income-producing property features three separate units, each offering 2 bedrooms and 1 bathroom, providing strong rental appeal and flexible ownership options. The upper unit features beautiful hardwood floors and an additional porch room, while the side unit has been recently updated with new flooring and new bathroom plumbing. This property has recently seen several significant capital improvements, including a new roof, new main sewer line, plumbing, and updated furnaces—offering peace of mind and reducing major near-term expenses. With three separate forced-air furnaces and three water heaters, the building benefits from efficient independent utilities and simplified management. Situated on a corner lot, the property offers abundant off-street parking, basement storage, and owned coin-operated laundry for tenant convenience. The current tenants are month-to-month leases, with a unit available for an owner occupant. Whether you’re looking to expand your portfolio, owner-occupy, or house hack, this is an exceptional opportunity with immediate cash flow potential and long-term upside located in a vibrant neighborhood with excellent walkability to restaurants and shops.

The details that matter.

General Property Information for 3300 41st Avenue S, Minneapolis, MN 55406 - MLS# 7094932
Bedrooms and Bathrooms
Total Bedrooms:
6
Total Bathrooms:
3
Size and Multi Family Residence
Year Built:
1911
Type of Property:
Multi Family Residence
Style:
Triplex
Stories/Levels:
2 Story
Total SqFt:
2,052
Total Fnsh'd SqFt:
2,052
Above Ground SqFt:
2,052
Finished Above Grade:
2,052
Below Ground SqFt:
580
Finished Below Grade:
0
Garage Stalls:
0
Garage SqFt:
N/A
Main Floor SqFt:
1,172
Approx Lot Dimensions:
37 x 128
Approx Number of Acres:
0.11
Income and Expenses
Gross Income:
$43,380
Total Expenses:
$0

A closer look at the location.

Head south out of downtown Minneapolis toward Hiawatha Ave. Merge onto MN-55 E / Hiawatha Ave & continue south for approximately 2.5 miles. Turn left (east) onto E 32nd St. Turn right (south) onto 41st Ave S. Arrive at 3300 41st Ave S, which sits right on the corner of E 33rd St and 41st Ave S.

This listing has been entered by the following office: Home Avenue Flat Fee Realty

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than MnRealtyCo, LLC are marked with the Broker Reciprocity or the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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