$750,000$
3408 Stevens Avenue
Minneapolis, MN, 55408
About 3408 Stevens Avenue
A 6-unit multifamily investment opportunity located in the Lyndale neighborhood of South Minneapolis. The property is comprised of four two-bedroom units & two one-bedroom units.
A new high-efficiency boiler & two new water heaters were installed in 2024. The windows were replaced in 2019. The building is currently enrolled in the Minneapolis 4D program, providing a significant reduction in annual property tax expense. There is off-street parking in the back of the building; one space for each unit. All current tenants are on month-to-month leases.
The property is well located for easy access to I-35W as well as for easy access to numerous neighborhood amenities toward Lyndale Avenue & beyond.
A new high-efficiency boiler & two new water heaters were installed in 2024. The windows were replaced in 2019. The building is currently enrolled in the Minneapolis 4D program, providing a significant reduction in annual property tax expense. There is off-street parking in the back of the building; one space for each unit. All current tenants are on month-to-month leases.
The property is well located for easy access to I-35W as well as for easy access to numerous neighborhood amenities toward Lyndale Avenue & beyond.
Listing Provided Courtesy of MRG Realty Partners, LLC
3408 Stevens Avenue Property Details
Price:
$750,000
MLS #:
NST6826491
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subdivision:
Nicollet Ave Add
Neighborhood:
lyndale
Listed Date:
Jan 1, 2026
Lot Size:
6,098 sqft / 0.14 acres (approx)
Year Built:
1923
Schools
School District:
Minneapolis
Interior Features
Heating
Boiler
Exterior & Lot Features
Accessibility Features
None
Exterior Features
Stucco
Parking Features
Parking Lot
Property Taxes & Financial Details
Tax Year
2025
Taxes
$2,652
Location
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3408 Stevens Avenue
Minneapolis, MN
