3948 Oakland Avenue, Minneapolis, MN 55407

$640,000$
Beds
0 Baths
0 SqFt
0.12 Acres
Add
Add
$640,000$
3948 Oakland Avenue
Minneapolis, MN, 55407
MLS #NST6826530 image #0

About 3948 Oakland Avenue

3948 Oakland Avenue is a 5-unit multifamily investment opportunity located in the Bryant neighborhood of South Minneapolis. The property is comprised of three two-bedroom units, one three-bedroom unit, & one four-bedroom unit.

A new boiler was installed in 2019, and the building has 100-amp electrical service. The building is currently enrolled in the Minneapolis 4D program, providing a significant reduction in annual property tax expense. There are four single stall garages included at the property. All current tenants are on month-to-month leases.

The property is well located for easy access to I-35W, as well as for access to numerous additional South Minneapolis area amenities.
Listing Provided Courtesy of MRG Realty Partners, LLC

3948 Oakland Avenue Property Details

Price:
$640,000
MLS #:
NST6826530
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subdivision:
Abbotts & Sundbys Add
Neighborhood:
bryant
Listed Date:
Jan 1, 2026
Lot Size:
5,227 sqft / 0.12 acres (approx)
Year Built:
1920
BryantBryantAbbotts & Sundbys AddMinneapolis

Schools

School District:
Minneapolis

Interior Features

Heating
Boiler

Exterior & Lot Features

Accessibility Features
None
Exterior Features
Stucco
Garage Spaces
4
Parking Features
Detached Garage

Property Taxes & Financial Details

Net Operating Income
$44,302
Tax Year
2025
Taxes
$2,310
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

LakePlace.com + Dane Arthur Agency

More About David

Mortgage Calculator

 

Location

Similar Homes Near 3948 Oakland Avenue

broker reciprocity
MLS# NST6826491broker reciprocity
3408 Stevens Avenue
Minneapolis, MN

$750,000

0.8 miles away

broker reciprocity
MLS# NST7148371broker reciprocity
4225 Bloomington Avenue
Minneapolis, MN

$750,000

0.8 miles away

broker reciprocity
MLS# NST7168478broker reciprocity
3420 Bloomington Avenue
Minneapolis, MN

$675,000

0.9 miles away

3948 Oakland Avenue
Minneapolis, MN
A personal invitation

A conversation is a good place to start.

Whether you're planning a purchase, considering a sale or exploring what's next, I'd love to hear from you. Tell me what you have in mind, and let's talk about how I can help.

David Gooden

David Gooden

David Gooden & Co
The Dane Arthur Agency

Scan to save David Gooden's contact information

Save my contact information
Scan the code or tap the link
to keep my details close.

What's on your mind?

Share a few details below. I look forward to connecting with you.
* Required fields

    Close