3831 Grand AVE S, Minneapolis, MN 55409
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3831 Grand AVE S, Minneapolis, MN 55409
3831 Grand AVE S, Minneapolis, MN 55409
3831 Grand AVE S, Minneapolis, MN 55409
3831 Grand AVE S, Minneapolis, MN 55409
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$ 625,000
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3831 Grand AVE S Minneapolis, MN 55409

7 Beds

4 Baths

3,444 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,444 sqft

Price per Sqft $181

Subdivision Mabies 2Nd Add

MLS Listing ID 7138181

Bedrooms 7

Year Built 1915

Annual Tax Amount $10,838

Tax Year 2026

Contingent None

Lot Size 5,662 Sqft

Lot Dimensions 46x125

Property Sub-Type Fourplex

Property Description

Classic 1915 fourplex, fully rented, with a great opportunity to add a 5th unit! The basement already has a kitchen and a bathroom in place and just needs to be finished to create a 2-bedroom fifth unit. The building has three 2-bedroom units and one 1-bedroom unit. All four are currently rented: one unit
is on a lease and three are month-to-month, which gives a new owner flexibility on rents and occupancy. Each unit has front and back entries, a living/dining room, a full bath, and a range and refrigerator.
Period character runs throughout, with hardwood floors, natural woodwork, paneled doors, and historic millwork. The upper units have skylights and ceiling fans. There are very large front porches on both
levels. Tenants pay their own electric, gas, heat, cable, and phone, and the owner pays trash, snow
removal, and taxes. The full basement also has storage lockers for each tenant, a common washer and dryer, and daylight and egress windows. There's off-street parking for four on the concrete driveway.
The lot is level, on a city street with sidewalks and streetlights, close to public transit, with fiber
internet available. Conventional, FHA, and VA financing are accepted

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Block, Daylight/Lookout Windows, Egress Window(s), Full, Kitchenette, Owner Access, Shared Access, Storage/Locker, Storage Space, Unfinished

Interior

Heating Boiler, Hot Water

Fireplace No

Laundry In Basement, Common Area, Sink

Exterior

Parking Features Concrete

Fence None

Pool None

Roof Type Flat,Rubber

Building

Lot Description Public Transit (w/in 6 blks), Tree Coverage - Light

Story Two

Foundation 1403

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Block,Frame

New Construction false

Schools

School District Minneapolis


Listed by Isaac Nagel • Keller Williams Premier Realty Lake Minnetonka
Michael Kaslow

Michael Kaslow

Owner/CEO/Listing Agent License ID: 502033806

+1(612) 619-6855

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3831 Grand AVE S