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!
Closed
$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
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#: 6686223

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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