3407 Lyndale S Avenue, Minneapolis, MN 55408

$899,000$
11 Beds
6 Baths
0 SqFt
0.13 Acres
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$899,000$
3407 Lyndale S Avenue
Minneapolis, MN, 55408
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About 3407 Lyndale S Avenue

This extensively remodeled five-unit apartment building represents a rare, turn-key investment opportunity with both immediate income and long-term upside. The property features four spacious two-bedroom, one-bath units and a highly desirable three-bedroom, two-bath unit, complemented by a two-car garage and additional off-street parking. Kitchens have been fully updated with new cabinetry, modern appliances, fresh countertops, and in-unit or on-site laundry options, while refinished flooring, updated paint, select new windows and doors, and refreshed bathrooms with new tile enhance tenant appeal throughout. Importantly for the discerning investor, the ownership approach prioritized durability and longevity—plumbing, electrical, and other behind-the-walls infrastructure were upgraded with a long-term hold strategy in mind, materially reducing future capital expenditure risk. All five units are currently leased. Additional tenant amenities include basement storage lockers and shared laundry. The sale is driven solely by the seller’s pursuit of a new business venture, creating a compelling opportunity to acquire a well-maintained, thoughtfully upgraded asset built for stable performance well into the future.
Listing Provided Courtesy of RE/MAX Results

3407 Lyndale S Avenue Property Details

Price:
$899,000
MLS #:
NST7023006
Status:
Active
Beds:
11
Baths:
6
Type:
Commercial
Subdivision:
Bakers Add
Neighborhood:
lyndale
Listed Date:
Feb 17, 2026
Total Sq Ft:
6,543
Lot Size:
5,663 sqft / 0.13 acres (approx)
Year Built:
1925
LyndaleLyndaleBakers AddMinneapolis

Schools

School District:
Minneapolis

Interior Features

Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Cooling
Window Unit(s)
Flooring
Wood
Heating
Boiler, Radiator
Levels
Two

Exterior & Lot Features

Accessibility Features
None
Exterior Features
Stucco
Garage Spaces
2
Lot Features
Public Transit (w/in 6 blks), Tree Coverage – Light
Parking Features
Detached Garage, Asphalt, Parking Lot, Paved Lot, Unassigned
Roof
Flat, Rubber

Property Taxes & Financial Details

Net Operating Income
$97,140
Tax Year
2026
Taxes
$14,934
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David Gooden

David Gooden

David Gooden & Co
The Dane Arthur Agency

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