3341 Nicollet Avenue, Minneapolis, MN 55408

$1,650,000
Property Type: Commercial Bedrooms: 10 Baths: 8 Lot Size (sq. ft.): 5,663 Status: Active
Current Price: $1,650,000 List Date: 4/02/2026 Last Modified: 5/12/2026

Overview

Description

Excellent opportunity to own a boutique-level apartment building on Eat Street. Main building contains 4 two-bedroom units and a basement efficiency. Also included is a separate 2-bedroom "Carriage House."

Listing Details MLS# 7047817

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
3
Owner Occupied
No
Waterfront Present
No
Year Built
1900
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Foundation Size
1862
Power Company
Xcel Energy
For Sale or Lease
For Sale
Acres
0.13
Lot Dimensions
45x125
Assessment Pending
No
Garage Stalls
0

Property Features

Accessible: Partially Wheelchair; Roll-In Shower Air Conditioning: Central Air Amenities Shared: Porch Amenities Unit: Balcony; Ceiling Fan(s); Deck; Hardwood Floors; Kitchen Window; Patio; Porch Appliances: Cooktop; Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Assumable Loan: Not Assumable Basement: Egress Windows; Owner Access; Single Tenant Access CMU Style: Apartments/Multi Family; Business Opportunity; Freestanding; Low Rise; Other Construction Materials: Block; Frame; Stone; Timber/Post & Beam Construction Status: Previously Owned Current Use: Other; Residential Existing Financing: Conventional Exterior: Brick/Stone; Wood Fencing: Chain Link; Partial; Privacy Flooring: Engineered Wood; Luxury Vinyl Tile; Tile; Wood Foundation: Stone Fuel: Natural Gas Heating: Forced Air Internet Options: Cable; DSL; Fiber Optic Loan Terms: Cash; Conventional Location Description: Downtown; Free Standing Lock Box Type: Combo Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Light Miscellaneous Information: Alley; Furnished Units On Site Utilities: Electric Separate Parking Characteristics: Parking Lot; Driveway - Shared; Paved Lot; Uncovered/Open; Units Vary Rent Rate per Foot: Gross Rental License Type: Standard Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Street Lights Road Responsibility: Public Maintained Road Sewer: City Sewer/Connected Stories: Two Topography: Level Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
1650000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
3341
Street Name
Nicollet
Street Suffix
Avenue
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55408
Complex/Dev/Subdivision
Bakers 2nd Add

Assessments

Tax With Assessments
15098.36
Assessment Balance
0

Building Information

Building Finished SqFt
5424

More Information

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
SPAAR
Combo
Yes

Miscellaneous Information

Homestead
No
Alley
Yes
Furnished Units
Yes

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
03
Township#
28

Sale Options

Sale Includes
Building, Fixture/Equipment

Unit 1

Unit Number
3W
Monthly Rent
2250
Full Baths
2
Total Bathrooms
2
Total Bedrooms
2
Level
2nd Level
Unit Total SqFt
1000
Leased?
Yes
Lease Expiration Date
2026-10-31

Unit 2

No. of 2 Bedroom Units
5
Full Baths
Yes
Lease Expiration Date
2026-10-31
Leased?
Yes
Level
Main Level
Monthly Rent
1900
Total Bathrooms
Yes
Total Bedrooms
2
Unit Number
1W
Unit Total SqFt
725

Unit 3

Full Baths
Yes
Lease Expiration Date
2026-10-31
Leased?
Yes
Level
Below Ground
Monthly Rent
1600
Total Bathrooms
Yes
Unit Number
6B (Cherr
Unit Total SqFt
650

Unit 4

Full Baths
2
Lease Expiration Date
2026-10-31
Leased?
Yes
Level
2nd Level
Monthly Rent
2200
Total Bathrooms
2
Total Bedrooms
2
Unit Number
4E
Unit Total SqFt
950

Unit 5

Full Baths
Yes
Lease Expiration Date
2026-10-31
Leased?
Yes
Level
Main Level
Monthly Rent
1575
Total Bathrooms
Yes
Total Bedrooms
2
Unit Number
2E
Unit Total SqFt
700

Unit 6

Full Baths
Yes
Lease Expiration Date
2026-10-31
Leased?
Yes
Level
Multi-Level
Monthly Rent
3000
Total Bathrooms
Yes
Total Bedrooms
2
Unit Number
Carriage
Unit Total SqFt
1050

Unit Details

Total Units
6

Unit Information

No. of Efficiency Units
Yes

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
LOT 016 BLOCK 013 BAKERS 2ND ADDN TO MPLS
Listing City
Minneapolis
Map Page
120
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
5305
Property ID Number
0302824130085
Tax Year
2026
Tax Amount
15098.36
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Excellent opportunity to own a boutique-level apartment building on Eat Street. Main building contains 4 two-bedroom units and a basement efficiency. Also included is a separate 2-bedroom "Carriage House."
Directions
Nicollet Avenue to E 34th Street. Building is 1 lot North of the "garden plot" at the NE corner of the intersection of E 34th and Nicollet

Accessible

Partially Wheelchair
Yes
Roll-In Shower
Yes

Air Conditioning

Central Air
Yes

Amenities Shared

Porch
Yes

Amenities Unit

Balcony
Yes
Ceiling Fan(s)
Yes
Deck
Yes
Hardwood Floors
Yes
Kitchen Window
Yes
Patio
Yes
Porch
Yes

Appliances

Cooktop
Yes
Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Assumable Loan

Not Assumable
Yes

Basement

Egress Windows
Yes
Owner Access
Yes
Single Tenant Access
Yes

Construction Materials

Block
Yes
Frame
Yes
Stone
Yes
Timber/Post & Beam
Yes

Construction Status

Previously Owned
Yes

Existing Financing

Conventional
Yes

Exterior

Brick/Stone
Yes
Wood
Yes

Fencing

Chain Link
Yes
Partial
Yes
Privacy
Yes

Flooring

Engineered Wood
Yes
Luxury Vinyl Tile
Yes
Tile
Yes
Wood
Yes

Foundation

Stone
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Internet Options

Cable
Yes
DSL
Yes
Fiber Optic
Yes

Lot Description

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

Parking Characteristics

Parking Lot
Yes
Driveway - Shared
Yes
Paved Lot
Yes
Uncovered/Open
Yes
Units Vary
Yes

Patio, Porch and Deck Features

Covered
Yes
Deck
Yes
Front Porch
Yes
Patio
Yes
Rear Porch
Yes

Rental License Type

Standard
Yes

Road Frontage

City Street
Yes
Curbs
Yes
Paved Streets
Yes
Sidewalks
Yes
Street Lights
Yes

Road Responsibility

Public Maintained Road
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Topography

Level
Yes

Water

City Water/Connected
Yes

No. of Ranges

One Per Unit
Yes

No. of Refrigerators

One Per Unit
Yes

On Site Utilities

Electric Separate
Yes

CMU Style

Apartments/Multi Family
Yes
Business Opportunity
Yes
Freestanding
Yes
Low Rise
Yes
Other
Yes

Current Use

Other
Yes
Residential
Yes

Loan Terms

Cash
Yes
Conventional
Yes

Location Description

Downtown
Yes
Free Standing
Yes

Rent Rate per Foot

Gross
Yes
Listing Office: Keller Williams Premier Realty
IDX
Last Updated: May - 12 - 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.