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Active with contingency
  • Price cut: $9.1K (5/23)
    $499,900

    3025 Park Ave, Minneapolis, MN 55407

    4beds
    4baths
    4,200sqft
    : 
    Quadruplex
    Built in 1937
    -- sqft lot
    $488,500 Zestimate®
    $119/sqft
    $-- HOA

    What's special

    Hardwood floorsTons of natural light
    Do not miss the opportunity to make this charming income producing 4plex yours. Priced to move, these four 1 bed 1 bath units always rent well, and are a great opportunity for long term rentals or could be fantastic for an airbnb. Units have hardwood floors and tons of natural light, and building has a newer boiler system. Located on Park Ave and Lake Street the property is a straight shot to downtown, and conveniently located near local shopping, restaurants, and the Midtown Greenway. There are 4 garages, and storages units, one for each apartment and laundry in the basement. There is plenty of opportunity for additional income on this property, there's an assumable loan, (reach out to listing agent for more details) and there's the possibility to house hack, at this price, it won't last long.
    63 days
    on Zillow
    |
    277
    |
    12
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 13, 2025 at 04:41pm

    Listed by:

    Barbara Hoberg 612-418-1689,

    RE/MAX Results

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6710045MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Baseboard, Boiler
    Features
    • Basement: Full,Concrete,Unfinished
    Interior area
    • Total structure area: 4,200
    • Total interior livable area: 4,200 sqft
    • Finished area above ground: 2,800
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Detached
    • Garage spaces: 4
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    Lot
    • Size: 4,791.6 Square Feet
    • Dimensions: 40 x 119
    • Features: Near Public Transit
    Details
    • Foundation area: 1400
    • Parcel number: 0202824220031

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Stucco
    Condition
    • Age of Property: 88
    • New construction: No
    • Year built: 1937

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Chicago Lake Park Add
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $119/sqft
    • Tax assessed value: $454,000
    • Annual tax amount: $8,280
    • Date on market: 4/26/2025
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