3201 3rd Avenue S, Minneapolis, MN 55408 (MLS# 7056732)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Waterfront Present: No
Year Built: 1979
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 1372
Above Ground SqFt: 2072
Below Grd Total SqFt: 1072
Total SqFt: 3144
Foundation Size: 1372
Style: (MF) Triplex
Total Finished Sqft: 3144.00
Lot Dimensions: 45x128
Acres: 0.13
Assessment Pending: No
Garage Stalls: 0

Property Features

Accessible: None Basement: Concrete Block; Egress Windows; Full Construction Status: Previously Owned Exterior: Fiber Board Fencing: Full Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: Common Area; In Basement Lot Description: Corner Lot Roof: Age 8 Years or Less; Asphalt Shingles Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 499900
ListPrice: 499900
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 3201
Street Name: 3rd
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55408
Complex/Dev/Subdivision: Wolvertons Add

Assessments

Tax With Assessments: 6912
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 2072
Finished SqFt Below Ground: 1072

More Information

Income and Expenses

Annual Gross Expenses: 10000
Annual Gross Income: 5400
Total Annual Expenses: 10000
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 24
Section#: 03
Township#: 28

Unit 1

Furnished?: No
Leased?: Yes
Unit Number: Yes
Annual Rent: 18000
Finished SqFt: 700
Full Baths: Yes
Monthly Rent: 1500
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 6

Unit 2

Furnished?: No
Leased?: Yes
Unit Number: 2
Annual Rent: 18600
Finished SqFt: 700
Full Baths: Yes
Monthly Rent: 1550
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 6

Unit 3

Furnished?: No
Leased?: No
Unit Number: 3
Annual Rent: 17400
Finished SqFt: 700
Full Baths: Yes
Monthly Rent: 1450
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 6

Unit Details

Total Units: 3

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 014 BLOCK 004 WOLVERTONS ADDN TO MPLS
Listing City: Minneapolis
Map Page: 106
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 1827
Property ID Number: 0302824140228
Tax Year: 2025
Tax Amount: 6912
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Large, updated triplex in a prime location. The upper unit offers two spacious bedrooms, the main floor unit features two bedrooms with vaulted ceilings and a separate dining area, and the lower level unit includes two bedrooms with a comfortable layout. Built in 1979, this newer multi-family property has been well maintained with a new roof, fresh exterior paint, and updates throughout. All units feature LVP flooring, along with modernized kitchens including updated cabinets, counters, and appliances. Situated on a corner lot with a large backyard, the property offers private entrances for each unit, separate laundry and storage areas, and coin-operated laundry for additional income. Street parking is available.
Directions: Lake Street to 3rd Avenue, south to property

Accessible

None: Yes

Basement

Concrete Block: Yes
Egress Windows: Yes
Full: Yes

Construction Status

Previously Owned: Yes

Exterior

Fiber Board: Yes

Fencing

Full: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Laundry

Common Area: Yes
In Basement: Yes

Lot Description

Corner Lot: Yes

Roof

Age 8 Years or Less: Yes
Asphalt Shingles: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

No. of Ranges

Three: Yes

No. of Refrigerators

Three: Yes

3201 3rd Avenue S, Minneapolis, MN 55408

Overview

Description

Listing Details MLS# 7056732