3154 15th Avenue S Minneapolis, MN $ 530,000
3154 15th Avenue S
$ 530,000
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3154 15th Avenue S

Minneapolis, MN, 55407
$ 530,000
Bedrooms9 Baths3.0 Sq 3,649

Monthly Estimate*

$ 3,661

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Multi-Family Home for sale in Minneapolis, MN

for $530,000 with 9 bedrooms and 3 full baths. This 3,649 square foot home was built in 1904 on a lot size of 0.26.

Outstanding owner-occupant/investment opportunity less than a block from Powderhorn Park! This triplex offers over 3,500 finished sq. ft. above grade with a 4BR/1BA main-floor unit, 3BR/1BA second-floor unit, and 2BR/1BA third-floor unit. The main-floor unit is rented for $2,275 with the same tenant for over 5 years. The vacant second-floor unit was rented through June for $2,090 and has just been renovated with new kitchen cabinets, countertops and appliances, fresh paint throughout, while preserving beautiful original built-ins and carved woodwork. The third-floor unit was renovated in 2026 and is leased at $1,250/month through 3/31/27. Additional highlights include high ceilings, a 2024 roof, 200 Amp Service, two newer porches, triple corner lot, fenced flat backyard, 2-car garage, and off-street parking for at least 3 additional vehicles. The 1,400+ sq. ft. freshly painted unfinished basement offers substantial storage and future value-add potential. Walk to Powderhorn Park, Mercado Central, restaurants and transit; less than a mile to Abbott Northwestern Hospital and convenient to Downtown, the U of M and Minneapolis Institute of Art.

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Multi-Family Contingent

Price

$ 530,000

Bedrooms

9

Full Bath

3

Property Type

Multi-Family

Taxes

$ 8,115

Style

Triplex

Lot Size

0.26

Year Built

1904

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7151057

Features
General
Living Area 3649
Sewer City Sewer - In Street
Heating Boiler Radiator
Roof Age 8 Years or Less
Garage Spaces 2
Construction Materials Frame
Year Built 1904
Electric 200+ Amp Service
Tenant Pays Gas Heat
Levels More Than 2 Stories
Property Subtype Triplex
Tax Year 2026
Gross Income 68130
Accessibility None
County Hennepin
Operating Expense 13150
Insurance Expense 4500
New Construction N
Property Type Residential Income
Association Amenities Porch
Contingency Inspection
MaintenanceExpense 0
Subdivision Name Williams Add
Directions E 32nd St to 15th Ave S house on NW corner
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Multi-Family
Number Of Units Total 3
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 8115
Electric Expense 1000
Fuel Expense 2400
Trash Expense 750
Water Sewer Expense 3500
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Full Partially Finished Shared Access Storage Space
Basement (Y/N) Y
Above Grade Finished Area 3549
Laundry Features In Basement Common Area Laundry Room Sink
Total Bedrooms 9
Below Grade Finished Area 100
Total Baths 3
Foundation Dimensions 52.5 x 28.3
Fuel Natural Gas
Garage Square Feet 325
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Exterior
Fencing Chain Link Wood
Parking Features Detached Garage Driveway - Other Surface
Lot Features Corner Lot
Water Source City Water - In Street
Lot Size Area 0.26
Building Area Total 4982
Lot Dimensions 90x127
Waterfront Y/N N
Foundation Area 1485
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Internal Only
Street Number 1 3154
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* Excluded Features
List By
Karina Realty

Broker

isafonov@gmail.com

Email

Affordability Calculator

$4,337
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,661
Monthly Property Taxes
$676
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
10/3/2026$530,000 Listed Price

Map


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3154 15th Avenue S, Minneapolis, MN, 55407 is a Multi-Family Home for sale at $530,000 with 3,649 sqft and a lot size of 0.26. 3154 15th Avenue S has 9 bedrooms, 3.0 baths, and was built in 1904. The property's zip code is 55407 which is in Minneapolis, MN