$749,000$
3606 E 34th Street
Minneapolis, MN, 55406
About 3606 E 34th Street
Spectacular six unit recently renovated with all new kitchens and bathrooms. Unit mix is five one-bedroom and one studio apartment all with one full bathroom. Three story all-brick exterior, sitting on 0.13+ acres with off street parking lot. 100% fully rented with on-site coin operated laundry and a newer water heater and high efficiency boiler. The average one-bedroom rents are $1,296 and the studio is at $1,195. This asset is in turn-key condition with a stabilized in place cap rate of 8.63% along with a 7.94 gross rent multiplier. Perfect for the first time investor or for your next 1031 tax exchange.
Listing Provided Courtesy of Apartment Cash Flow, Inc.
3606 E 34th Street Property Details
Price:
$749,000
MLS #:
NST7068138
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subdivision:
Auditors Sub 237
Neighborhood:
longfellow
Listed Date:
May 5, 2026
Total Sq Ft:
5,500
Lot Size:
5,663 sqft / 0.13 acres (approx)
Year Built:
1963
Schools
School District:
Minneapolis
Interior Features
Appliances
Dishwasher, Range, Refrigerator, Stainless Steel Appliances
Cooling
Wall Unit(s)
Flooring
Luxury Vinyl Plank, Tile
Heating
Boiler, Hot Water, Zoned
Levels
Three Or More
Exterior & Lot Features
Accessibility Features
None
Construction Materials
Block, Brick
Exterior Features
Stone, Stucco
Fencing
None
Parking Features
Paved Lot
Roof
Age Over 8 Years, Flat
Property Taxes & Financial Details
Maintenance Fee
$2,400
Tax Year
2026
Taxes
$10,988
Location
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3606 E 34th Street
Minneapolis, MN
