3048 13th Avenue S Minneapolis, MN $ 427,500
3048 13th Avenue S
$ 427,500
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3048 13th Avenue S

Minneapolis, MN, 55407
$ 427,500
Bedrooms6 Baths3.0 Sq 5,100

Monthly Estimate*

$ 2,953

3048 13th Avenue S, Minneapolis, MN 55407 - Image 1
3048 13th Avenue S, Minneapolis, MN 55407 - Image 2
3048 13th Avenue S, Minneapolis, MN 55407 - Image 3
3048 13th Avenue S, Minneapolis, MN 55407 - Image 4
3048 13th Avenue S, Minneapolis, MN 55407 - Image 5
3048 13th Avenue S, Minneapolis, MN 55407 - Image 6
3048 13th Avenue S, Minneapolis, MN 55407 - Image 7
3048 13th Avenue S, Minneapolis, MN 55407 - Image 8
3048 13th Avenue S, Minneapolis, MN 55407 - Image 9

Multi-Family Home for sale in Minneapolis, MN

for $427,500 with 6 bedrooms and 3 full baths. This 5,100 square foot home was built in 1914 on a lot size of 0.12.

Unique Powderhorn Park Triplex Investment Opportunity! Discover a fantastic investment opportunity just one block from Powderhorn Park. This unique property features three separate units across two buildings, offering flexibility, strong rental potential, and a highly desirable Minneapolis location. Each unit features a private entrance, spacious living room, dining room, kitchen, two bedrooms, and a full bathroom. Front porches provide additional outdoor space, while off-street parking adds convenience for tenants. The duplex building offers shared laundry in the lower level, while the separate single-family structure has its own washer and dryer, providing added privacy and convenience. Located just steps from Powderhorn Park, residents can enjoy easy access to the lake, walking paths, playgrounds, recreation areas, and community amenities. Restaurants, shops, public transportation, and everyday conveniences are also nearby. Whether you're looking to expand your investment portfolio, generate rental income, or explore an owner-occupied opportunity, this three-unit property offers versatility and long-term potential in a sought-after Minneapolis neighborhood.

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Multi-Family Active

Price

$ 427,500

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,528

Style

Triplex

Lot Size

0.12

Year Built

1914

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7145315

Features
General
Living Area 5100
Sewer City Sewer/Connected
Heating Baseboard Forced Air
Garage Spaces 0
Year Built 1914
Levels Modified Two Story
Property Subtype Triplex
Tax Year 2026
Gross Income 51600
Accessibility None
County Hennepin
Operating Expense 2000
Insurance Expense 2654
New Construction N
Property Type Residential Income
Contingency None
MaintenanceExpense 500
Subdivision Name Tingleys Add
Directions Lake Street South on 13th Ave S Corner of 13th Ave. S and E 31st Street
City Minneapolis
High School District Minneapolis
Number Of Units Total 3
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 6528.6
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 2727
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Unfinished
Basement (Y/N) Y
Above Grade Finished Area 3400
Total Bedrooms 6
Below Grade Finished Area 1700
Total Baths 3
Fuel Natural Gas
Garage Square Feet 0
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Exterior
Parking Features Assigned Parking Lot
Water Source City Water/Connected
Lot Size Area 0.12
Building Area Total 5100
Lot Dimensions 42 x 123
Waterfront Y/N N
Foundation Area 1112
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Internal Only
Street Number 1 3048
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* Excluded Features
List By
Real Broker, Llc

Broker

sopatenzin@gmail.com

Email

Affordability Calculator

$3,497
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,953
Monthly Property Taxes
$544
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/21/2026$427,500 Listed Price

Map


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3048 13th Avenue S, Minneapolis, MN, 55407 is a Multi-Family Home for sale at $427,500 with 5,100 sqft and a lot size of 0.12. 3048 13th Avenue S has 6 bedrooms, 3.0 baths, and was built in 1914. The property's zip code is 55407 which is in Minneapolis, MN