3237 Lyndale Avenue S, Minneapolis, MN 55408

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1918
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1254
Above Ground SqFt: 3560
Below Grd Total SqFt: 1254
Total SqFt: 4814
Foundation Size: 1254
Style: (MF) Triplex
Total Finished Sqft: 3197.00
Lot Dimensions: 42x120
Acres: 0.12
Assessment Pending: No
# Carport Spaces: 0
Garage Stalls: 0

Property Features

Accessible: None Amenities Shared: Common Laundry Facility Basement: Concrete Block; Egress Windows; Partially Finished; Unfinished Construction Materials: Block; Concrete Construction Status: Previously Owned Electric: 100 Amp Service; Circuit Breakers Exterior: Stucco Fencing: None Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler Laundry: Common Area; Laundry Room; Lower Level Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Light Owner Pays: Heat; Insurance; Lawn; Maintenance/Repair; Sewer; Taxes; Trash Collection; Water Parking Characteristics: Unassigned; Uncovered/Open Pool Description: None Rental License Type: Standard Road Frontage: City Street; Curbs; Paved Streets; Sidewalks Road Responsibility: Public Maintained Road Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Stories: Two Tenant Pays: Cable TV; Electricity; Fuel; Gas Unit 1 Amenities: Open Floor Plan Unit 1 Appliances: Microwave; Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: None Unit 1 Dining Room Description: Eat In Kitchen Unit 1 Family Room Characteristics: Main Level Unit 2 Amenities: French Doors; Kitchen Window; Natural Woodwork; Sun Room Unit 2 Appliances: Dishwasher; Microwave; Range; Refrigerator Unit 2 Bath Description: Main Floor Full Bath Unit 2 Cooling: None Unit 2 Dining Room Description: Separate/Formal Dining Rm Unit 2 Family Room Characteristics: Main Level Unit 3 Amenities: French Doors; Kitchen Window; Natural Woodwork; Sun Room; Walk-Up Attic Unit 3 Appliances: Dishwasher; Microwave; Range; Refrigerator Unit 3 Bath Description: Main Floor Full Bath Unit 3 Cooling: None Unit 3 Dining Room Description: Separate/Formal Dining Rm Unit 3 Family Room Characteristics: Main Level Water: City Water/Connected

Contract Information

Off Market Date: 2026-04-10
Contingency: None
Original List Price: 649900
ListPrice: 599900
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 3237
Street Name: Lyndale
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55408
Complex/Dev/Subdivision: Motor Line Add

Assessments

Tax With Assessments: 10143
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 2508
Finished SqFt Below Ground: 689

More Information

Income and Expenses

Annual Gross Expenses: 4500
Annual Gross Income: 56580
Annual Maintenance Expense: 5400
Annual Net Income: 52080
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Insurance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Total Annual Expenses: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

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

Unit 1

Furnished?: No
Lease Expiration Date: 2026-07-31
Leased?: Yes
Level: Below Ground
Unit Number: Yes
Annual Rent: 12600
Finished SqFt: 689
Full Baths: Yes
Monthly Rent: 1050
No. of Units Like This: Yes
Oth Parking Spaces: Yes
Total Baths: Yes
Total Rooms: 3

Unit 2

Furnished?: No
Lease Expiration Date: 2026-05-31
Leased?: Yes
Level: Main Level
Unit Number: 2
Annual Rent: 21540
Finished SqFt: 1254
Full Baths: Yes
Monthly Rent: 1795
No. of Units Like This: Yes
Oth Parking Spaces: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 6

Unit 3

Furnished?: No
Leased?: No
Level: 2nd Level
Unit Number: 3
Annual Rent: 22500
Finished SqFt: 1254
Full Baths: Yes
Monthly Rent: 1875
No. of Units Like This: Yes
Oth Parking Spaces: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 7

Unit Details

Total Units: 3

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 019 BLOCK 012 MOTOR LINE ADDN TO MPLS
Listing City: Minneapolis
Map Page: 120
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 3786
Property ID Number: 0302824230107
Tax Year: 2025
Tax Amount: 10143
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Beautifully maintained triplex in an ideal Minneapolis location. The lower-level studio is freshly updated. The main-level unit offers 2 beds/1 bath, a sun-filled porch, formal dining, original woodwork, and an updated kitchen. The upper-level unit features 2 beds/1 bath, a bright sunroom, den, new vinyl plank flooring, and a charming dining room with original built-ins. A spacious, unfinished fourth level adds incredible potential—two framed rooms, already plumbed, offering possibilities for added square footage or a future primary suite for the top unit. Four off-street parking spots and a welcoming backyard with space for gardening and/or bonfires. Recently passed the Minneapolis rental inspection, making this an easy, turnkey investment. Ask for additional photos of the other units—this one is a gem for both live-in owners and investors alike.
Directions: Lake St to Lyndale S to home.

Accessible

None: Yes

Amenities Shared

Common Laundry Facility: Yes

Basement

Concrete Block: Yes
Egress Windows: Yes
Partially Finished: Yes
Unfinished: Yes

Construction Materials

Block: Yes
Concrete: Yes

Construction Status

Previously Owned: Yes

Electric

100 Amp Service: Yes
Circuit Breakers: Yes

Exterior

Stucco: Yes

Fencing

None: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes

Laundry

Common Area: Yes
Laundry Room: Yes
Lower Level: Yes

Lot Description

Public Transit (w/in 6 blks): Yes
Tree Coverage - Light: Yes

Owner Pays

Heat: Yes
Insurance: Yes
Lawn: Yes
Maintenance/Repair: Yes
Sewer: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Parking Characteristics

Garage Dimensions: No
Unassigned: Yes
Uncovered/Open: Yes

Pool Description

None: Yes

Rental License Type

Standard: Yes

Road Frontage

City Street: Yes
Curbs: Yes
Paved Streets: Yes
Sidewalks: Yes

Road Responsibility

Public Maintained Road: Yes

Sellers Terms

Cash: Yes
Conventional: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

No. of Ranges

Three: Yes

No. of Refrigerators

Three: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes
Fuel: Yes
Gas: Yes

Unit 1 Amenities

Open Floor Plan: Yes

Unit 1 Appliances

Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 1 Bath Description

Main Floor Full Bath: Yes

Unit 1 Cooling

None: Yes

Unit 1 Dining Room Description

Eat In Kitchen: Yes

Unit 1 Family Room Characteristics

Main Level: Yes

Unit 2 Amenities

French Doors: Yes
Kitchen Window: Yes
Natural Woodwork: Yes
Sun Room: Yes

Unit 2 Appliances

Dishwasher: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 2 Bath Description

Main Floor Full Bath: Yes

Unit 2 Cooling

None: Yes

Unit 2 Dining Room Description

Separate/Formal Dining Rm: Yes

Unit 2 Family Room Characteristics

Main Level: Yes

Unit 3 Amenities

French Doors: Yes
Kitchen Window: Yes
Natural Woodwork: Yes
Sun Room: Yes
Walk-Up Attic: Yes

Unit 3 Appliances

Dishwasher: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 3 Bath Description

Main Floor Full Bath: Yes

Unit 3 Cooling

None: Yes

Unit 3 Dining Room Description

Separate/Formal Dining Rm: Yes

Unit 3 Family Room Characteristics

Main Level: Yes