3125 3rd Avenue S Minneapolis, MN $ 895,000
3125 3rd Avenue S
$ 895,000
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3125 3rd Avenue S

Minneapolis, MN, 55408
$ 895,000
Bedrooms9 Baths10.0 Sq 9,450

Monthly Estimate*

$ 6,182

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Commercial Property for sale in Minneapolis, MN

for $895,000 with 9 bedrooms and 10 full baths. This 9,450 square foot building was built in 1929 on a lot size of 0.13.

Step into a rare investment opportunity with this well-cared-for 10-unit property, each offering a 1-bedroom, 1 bath layout designed for comfort and easy living. Tenants will appreciate the beautifully maintained building and shared laundry facilities. Included is the adjacent lot PID #0302824110157 which adds valuable flexibility-perfect for outdoor amenities, or future development. This property is move-in ready for its next owner and is ideal for a hands-off investor, or owner looking to expand their portfolio. Pride of ownership is evident throughout, making this a solid, reliable choice with lasting appeal.

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Commercial Active

Price

$ 895,000

Bedrooms

9

Full Bath

10

Property Type

Commercial

Taxes

$ 17,308

Style

Lot Size

0.13

Year Built

1929

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7154253

Features
General
Sewer City Sewer/Connected
Heating Boiler
Cooling None
Utilities Electric Separate
Roof Age Over 8 Years
Appliances Range Refrigerator
Garage Spaces 0
Pool Features None
Year Built 1929
Topography Level
Levels Three Or More
Tax Year 2025
Current Use Residential
Accessibility None
Additional Parcels Description 0302824110157
County Hennepin
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name Third Ave Add
Directions 35W to E 31st Street to South on 3rd Ave South.
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Multi-Family
Number Of Units Total 10
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 17308
Additional Parcels Y/N Y
Standard Status Active
Lender Owned No
Amenities Unit Hardwood Floors
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Interior
Basement Finished Full Shared Access Storage/Locker
Basement (Y/N) Y
Total Bedrooms 9
Total Baths 10
Ceiling Height 8-10
Fuel Natural Gas
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Exterior
Fencing Chain Link
Parking Features On-Street Parking Only
Lot Features Tree Coverage - Light
Water Source City Water/Connected
Inclusions Building Land
Lot Size Area 0.13
Building Area Total 9450
Lot Dimensions 45x128
Waterfront Y/N N
Foundation Area 3150
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 3125
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* Excluded Features
List By
Axen Realty

Broker

kkor@axenrealty.com

Email

Affordability Calculator

$7,624
Per Month
81%
19%
0%
Monthly Principal & Interest
$6,182
Monthly Property Taxes
$1,442
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
10/2/2026$895,000 Listed Price

Map


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3125 3rd Avenue S, Minneapolis, MN, 55408 is a Commercial Property for sale at $895,000 with 9,450 sqft and a lot size of 0.13. 3125 3rd Avenue S has 9 bedrooms, 10.0 baths, and was built in 1929. The property's zip code is 55408 which is in Minneapolis, MN