3232 3rd Avenue S Minneapolis, MN 55408

$449,000
Active
estimated monthly payment
2,560 Sq Ft  |  Duplex Up and Down  |  MLS # 6807838
  • 3232 3rd Avenue S, Minneapolis, MN 55408 Listing Photo  1
  • 2nd floor kitchen
    2nd floor kitchen
  • 2nd floor kitchen
    2nd floor kitchen
  • 2nd floor living room
    2nd floor living room
  • 2nd floor living room
    2nd floor living room
  • 2nd floor dining room
    2nd floor dining room
  • 2nd floor bathroom
    2nd floor bathroom
  • Backyard
    Backyard
  • Backyard
    Backyard
  • Backyard and shed
    Backyard and shed
  • Parking
    Parking
  • 2nd floor sun room (front of house)
    2nd floor sun room (front of house)
  • 2nd floor - bedroom 1
    2nd floor - bedroom 1
  • 2nd floor - bedroom 2
    2nd floor - bedroom 2
  • 2nd floor - office
    2nd floor - office
  • 1st floor - sun room
    1st floor - sun room
  • 1st floor - living room
    1st floor - living room
  • 1st floor - foyer and living room
    1st floor - foyer and living room
  • 1st floor - living room
    1st floor - living room
  • 1st floor - living/dining room
    1st floor - living/dining room
  • 1st floor - kitchen
    1st floor - kitchen
  • 1st floor - kitchen
    1st floor - kitchen
  • 1st floor - bedroom 1
    1st floor - bedroom 1
  • 1st floor - bedroom 2
    1st floor - bedroom 2
  • 1st floor - bathroom
    1st floor - bathroom
  • 3232 3rd Avenue S, Minneapolis, MN 55408 Listing Photo  26
  • 3232 3rd Avenue S, Minneapolis, MN 55408 Listing Photo  27
  • 3232 3rd Avenue S, Minneapolis, MN 55408 Listing Photo  28
  • 3232 3rd Avenue S, Minneapolis, MN 55408 Listing Photo  29
  • 3232 3rd Avenue S, Minneapolis, MN 55408 Listing Photo  30
  • 3232 3rd Avenue S, Minneapolis, MN 55408 Listing Photo  31
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  • 3232 3rd Avenue S, Minneapolis, MN 55408 Listing Photo  33
  • 3232 3rd Avenue S, Minneapolis, MN 55408 Listing Photo  34

About The Listing

The investment opportunity you’ve been waiting for! This massive duplex in the Central Neighborhood of South Minneapolis offers strong current income with future upside. Key capital improvements already completed, including brand-new boilers for both units, maintenance-free siding, updated windows, and nicely refreshed interiors—ideal for attracting top-market rents while minimizing future repair costs.
With nearly 2,600 finished sq ft and over 5,600 total sq ft, this property features a large basement and walk-up attic currently used for tenant storage but offering potential for value-added expansion for the next owner. Ideal for both first-time investors or seasoned portfolio builders seeking a great addition to their portfolio. Units rented until June of 2026 at $1895 & May of 2026 at $1650. Owner pays for water/sewer/trash, tenants responsible for gas & electric.

Don’t miss this cash-flow opportunity with built-in equity potential—schedule your showing today!


Listing courtesy of Michael Moe, Keller Williams Classic Rlty NW
Purchase Price
Loan Type
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Interest Rate
Estimated Property Taxes
Homeowner's Insurance
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Property Details

Features

 
 
 
Property Type: Other
Status: Active
Contingency Type: None
Year Built: 1902
MLS #: 6807838
Square Feet: 2,560
Price Per Square Foot: $175
Garage Spaces: 0
Parking Description: Gravel
Sewer Description: City Sewer/Connected
Water: City Water/Connected
Heat Type: Boiler, Hot Water
Basement: Full, Unfinished
Construction Description: Metal Siding, Vinyl Siding
Roof Description: Asphalt, Rubber
Days On Market (Continuous): 0
Disability Features: Stair Lift
Latest Update: 10/31/2025
List Date: 10/31/2025
Listing Agent ID: 502051144
Listing Office: Keller Williams Classic Rlty NW
Listing Office ID: 7231
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Fence: Chain Link, Privacy, Wood
Lot Dimensions: 46x128
Lot Size: 0.14 Acres
School District: Minneapolis
Tax Year: 2025
Estimated Taxes: $5,100
Contingency Type: None
City: Minneapolis
Zip: 55408
County: Hennepin
State: MN

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Listing last updated: 10/31/25

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