3133 Pleasant Avenue, Minneapolis, MN 55408

New Listing
$775,000
Property Type: Multi-Family Bedrooms: 8 Baths: 4 Square Footage: 6,172 Lot Size (sq. ft.): 13,939 Status: Active
Current Price: $775,000 List Date: 4/23/2026 Last Modified: 4/24/2026

Overview

Description

Opportunity and character come together on this rare double lot. This classic four plex offers immediate appeal for investors seeking rental income or owner occupants looking to offset their mortgage with additional units. Set on one side of the property, the traditional building leaves generous open space on the other, offering flexibility for future development, private green space, or even a neighborhood garden. Each of the four units features a similar layout filled with timeless charm, including two bedrooms, one bathroom, high ceilings, hardwood floors, original woodwork, built-ins, abundant natural light, and a sunroom. Outside, the oversized lot provides ample off-street parking, a fenced backyard, and a patio for added outdoor enjoyment.

Listing Details MLS# 7061062

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
No
Year Built
1916
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family, Residential-Single Famil
Main Floor Total SqFt
2020
Above Ground SqFt
4040
Below Grd Total SqFt
2132
Total SqFt
6172
Foundation Size
2020
Style
(MF) Four Plex
Total Finished Sqft
0.00
Lot Dimensions
83x165
Acres
0.32
Assessment Pending
No
Garage Stalls
0

Property Features

Accessible: None Amenities Shared: Coin-op Laundry Owned; Common Laundry Facility Basement: Storage/Locker; Unfinished Construction Status: Previously Owned Exterior: Stucco; Vinyl; Wood Fencing: Chain Link Foundation: Stone Fuel: Natural Gas Heating: Radiator Laundry: In Basement Lock Box Type: Supra Lot Description: Public Transit (w/in 6 blks) Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water Parking Characteristics: Parking Lot Rental License Type: Standard Road Frontage: City Street Roof: Age Over 8 Years Sellers Terms: Cash; FHA; VA Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity Unit 1 Amenities: Ceiling Fan(s); Hardwood Floors; Natural Woodwork; Sun Room Unit 1 Appliances: Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Window Unit 1 Dining Room Description: Living/Dining Room Unit 2 Amenities: Ceiling Fan(s); Natural Woodwork; Sun Room Unit 2 Appliances: Range; Refrigerator Unit 2 Bath Description: Main Floor Full Bath Unit 2 Cooling: Window Unit 2 Dining Room Description: Living/Dining Room Unit 3 Amenities: Hardwood Floors; Natural Woodwork Unit 3 Appliances: Range; Refrigerator Unit 3 Bath Description: Main Floor Full Bath Unit 3 Cooling: Window Unit 3 Dining Room Description: Living/Dining Room Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
775000
ListPrice
775000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
3133
Street Name
Pleasant
Street Suffix
Avenue
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55408
Complex/Dev/Subdivision
Richardsons Add

Assessments

Tax With Assessments
10426.62
Assessment Balance
0

Income and Expenses

Annual Electric Expense
600
Annual Fuel Expense
3408
Annual Gross Income
40800
Annual Water/Sewer Expense
3960
Annual Caretaker Expense
0
Annual Gross Expenses
0
Annual Insurance Expense
0
Annual Maintenance Expense
0
Annual Repair Expense
0
Annual Trash Expense
0
Total Annual Expenses
0

More Information

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
MAAR
Supra
Yes

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
03
Township#
28

Unit 1

Furnished?
No
Lease Expiration Date
2026-04-30
Leased?
Yes
Level
Main Level
Unit Number
Yes
Annual Rent
8400
Finished SqFt
950
Full Baths
Yes
Monthly Rent
700
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
7

Unit 2

Furnished?
No
Leased?
No
Level
Main Level
Unit Number
2
Finished SqFt
950
Full Baths
Yes
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
7

Unit 3

Furnished?
No
Lease Expiration Date
2026-04-30
Leased?
Yes
Level
2nd Level
Unit Number
3
Annual Rent
16200
Finished SqFt
950
Full Baths
Yes
Monthly Rent
1350
No. of Units Like This
2
Total Baths
Yes
Total Bedrooms
2
Total Rooms
7

Unit Details

Total Units
4

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
BLOCK 001 RICHARDSONS ADDN TO MPLS LOTS 3 AND 4
Listing City
Minneapolis
Map Page
106
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Property ID Number
0302824210421
Tax Year
2026
Tax Amount
10426.62
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Opportunity and character come together on this rare double lot. This classic four plex offers immediate appeal for investors seeking rental income or owner occupants looking to offset their mortgage with additional units. Set on one side of the property, the traditional building leaves generous open space on the other, offering flexibility for future development, private green space, or even a neighborhood garden. Each of the four units features a similar layout filled with timeless charm, including two bedrooms, one bathroom, high ceilings, hardwood floors, original woodwork, built-ins, abundant natural light, and a sunroom. Outside, the oversized lot provides ample off-street parking, a fenced backyard, and a patio for added outdoor enjoyment.
Directions
31ST ST to Pleasant Avenue, 1/2 Block South buidling is on the Left

Accessible

None
Yes

Amenities Shared

Coin-op Laundry Owned
Yes
Common Laundry Facility
Yes

Basement

Storage/Locker
Yes
Unfinished
Yes

Construction Status

Previously Owned
Yes

Exterior

Stucco
Yes
Vinyl
Yes
Wood
Yes

Fencing

Chain Link
Yes

Foundation

Stone
Yes

Fuel

Natural Gas
Yes

Heating

Radiator
Yes

Laundry

In Basement
Yes

Lot Description

Public Transit (w/in 6 blks)
Yes

Owner Pays

Electricity
Yes
Gas
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes

Parking Characteristics

Parking Lot
Yes

Rental License Type

Standard
Yes

Road Frontage

City Street
Yes

Roof

Age Over 8 Years
Yes

Sellers Terms

Cash
Yes
FHA
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

No. of Ranges

Four
Yes

No. of Refrigerators

Four
Yes

Tenant Pays

Electricity
Yes

Unit 1 Amenities

Ceiling Fan(s)
Yes
Hardwood Floors
Yes
Natural Woodwork
Yes
Sun Room
Yes

Unit 1 Appliances

Range
Yes
Refrigerator
Yes

Unit 1 Bath Description

Main Floor Full Bath
Yes

Unit 1 Cooling

Window
Yes

Unit 1 Dining Room Description

Living/Dining Room
Yes

Unit 2 Amenities

Ceiling Fan(s)
Yes
Natural Woodwork
Yes
Sun Room
Yes

Unit 2 Appliances

Range
Yes
Refrigerator
Yes

Unit 2 Bath Description

Main Floor Full Bath
Yes

Unit 2 Cooling

Window
Yes

Unit 2 Dining Room Description

Living/Dining Room
Yes

Unit 3 Amenities

Hardwood Floors
Yes
Natural Woodwork
Yes

Unit 3 Appliances

Range
Yes
Refrigerator
Yes

Unit 3 Bath Description

Main Floor Full Bath
Yes

Unit 3 Cooling

Window
Yes

Unit 3 Dining Room Description

Living/Dining Room
Yes
Listing Office: Keller Williams Realty Integrity Lakes
IDX
Last Updated: April - 24 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.