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  • $485,000

    3212 1st Ave S, Minneapolis, MN 55408

    8beds
    4baths
    5,878sqft
    Other
    Built in 1885
    -- sqft lot
    $486,600 Zestimate®
    $83/sqft
    $-- HOA

    What's special

    This one-of-a-kind multi-unit property offers incredible flexibility and income potential in one of Minneapolis' most vibrant neighborhoods. Featuring two spacious units in the main building and two charming units in the converted carriage house-both with new roofs (2024), this property lives like two duplexes on a single lot! Each of the four units boasts 2 bedrooms and 1 bath, with thoughtful layouts and desirable amenities. Three reliable tenants are already in place, making this an ideal turnkey investment opportunity for both owner-occupants and investors alike. Live in one unit while generating steady rental income from the others! Nestled in Lyndale, you’ll enjoy a walkable, bike-friendly community with easy access to shops, dining, parks, and public transit. Don't miss this rare chance to own a truly unique and income-producing property in a prime Minneapolis location! Plan your tour of this new listing today!

    Zillow last checked: 7 hours ago

    Listing updated: April 24, 2025 at 01:44pm

    Listed by:

    The Graham Smith Team 612-414-5614,

    Keller Williams Realty Integrity Lakes,

    Timothy L Fisher 612-978-2299

    Bought with:

    Dana Mavros

    Keller Williams Realty Integrity Lakes

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6686223MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Boiler, Forced Air
    Features
    • Basement: Full,Unfinished
    Interior area
    • Total structure area: 5,878
    • Total interior livable area: 5,878 sqft
    • Finished area above ground: 3,874
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: None
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Patio & porch: Patio, Porch
    • Fencing: None
    Lot
    • Size: 0.12 sqft
    • Dimensions: 42 x 124
    • Features: Many Trees
    Details
    • Foundation area: 2004
    • Parcel number: 0302824130045
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Other
    Materials
    • Stucco
    • Roof: Age 8 Years or Less,Asphalt
    Condition
    • Age of Property: 140
    • New construction: No
    • Year built: 1885

    Utilities & green energy

    • Electric: Circuit Breakers, 100 Amp Service
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Minneapolis
    • Subdivision: Bakers 2nd Add
    Services availability
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