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Jean Menge
REALTOR®
(763) 360-4545

3132 Minnehaha Avenue , Minneapolis, MN 55406

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Listed By

Agency Name: Frable Realty
Agency Phone: 612-210-2470

Shown By

Agent Name: Jean Menge
Agent Phone: (763) 360-4545
Agency Title: Counselor Realty

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Property Description

Whether you're ready to live virtually rent-free while your tenants cover the mortgage, or simply want a high-performing asset in your portfolio, this is the property you've been waiting for!This fourplex offers four spacious 2-bed/1-bath units, each featuring beautiful hardwood floors, built-in buffets, and classic character throughout. Recent tile upgrades in the kitchens and baths and freshly refinished hardwood floors mean some work has already been done.... with a little additional updating, rents have real room to grow.Tenants enjoy the independence of their own boiler, water heater, and separate gas and electric meters, keeping utility costs squarely off the owner's plate and making expense management simple. A long-term tenant in the 4-car garage adds reliable income from day one. The versatile sunrooms that have served as a third bedroom in the past are a great value-add for future leasing.The location is a true standout. Nestled in one of south Minneapolis's most walkable and eclectic neighborhoods, residents have easy access to an array of local restaurants and merchants, plus everyday conveniences like Cub Foods, Aldi and Target ? all within walking distance. The Lake Street and Minnehaha bus lines are steps from the front door, the light rail is just a few blocks away... Downtown Minneapolis, the airport, and St. Paul are all within easy reach.With one unit currently vacant, showings are easy to schedule with little notice ? so don't wait!

3132 Minnehaha Avenue | MLS# 7051738

This multi-family property located at 3132 Minnehaha Avenue , Minneapolis, MN 55406 is currently listed for sale with an asking price of $599,900. Minnehaha Avenue is located within the Minneapolis school district. Search Minneapolis real estate on jmenge.counselorrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Daylight/Lookout Windows, Full, Shared Access, Storage/Locker, Storage Space, Unfinished
Basement: Yes
Garage: 4
Heating: Hot Water, Radiator
Lot Size: 0.17 Acres
Roof Type: Flat
Taxes: $10,013
Year Built: 1914

Feature Descriptions

Days on Site: 3
Exterior: Block, Frame
Foundation Size: 4488
Lot Dimensions: 50X150
Parcel#: 0102824120057
Parking: Detached Garage, Parking Lot
Road Frontage: City Street, County Road, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
Sewer: City Sewer/Connected
Shared Rooms: Sun Room
Units: 4
Water: City Water/Connected

Local Schools

School District: Minneapolis

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Estimated Payment

$ 4,202.31 per month $3,192.92 Principal & Interest $834.42 Property Tax $174.97 Homeowner's Insurance

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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/14/2026. The listing information on this page last changed on 04/14/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 04/14/2026 12:57:05 AM EST) or RMLS-MN MLS (last updated Tue 04/14/2026 12:02:27 AM EST). Real estate listings held by brokerage firms other than Counselor Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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