3831 Grand Avenue S Minneapolis, MN $ 625,000
3831 Grand Avenue S
$ 625,000
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3831 Grand Avenue S

Minneapolis, MN, 55409
$ 625,000
Bedrooms7 Baths4.0 Sq 3,444

Monthly Estimate*

$ 4,317

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Multi-Family Home for sale in Minneapolis, MN

for $625,000 with 7 bedrooms and 4 full baths. This 3,444 square foot home was built in 1915 on a lot size of 0.13.

Classic 1915 fourplex with three of four units rented and a great opportunity to add a 5th unit! The vacant unit is ready for a new tenant or an owner-occupant, making this a great fit for investors and house-hackers alike. The basement already has a kitchen and a bathroom in place and just needs to be finished to create a 2-bedroom fifth unit. The building has three 2-bedroom units and one 1-bedroom unit. Each unit has front and back entries, a living/dining room, a full bath, and a range and refrigerator. Period character runs throughout, with hardwood floors, natural woodwork, paneled doors, and historic millwork. The upper units have skylights and ceiling fans. There are very large front porches on both levels. Tenants pay their own electric, gas, heat, cable, and phone, and the owner pays trash, snow removal, and taxes. The full basement also has storage lockers for each tenant, a common washer and dryer, and daylight and egress windows. There's off-street parking for four on the concrete driveway. The lot is level, on a city street with sidewalks and streetlights, close to public transit, with fiber internet available. Conventional, FHA, and VA financing are accepted.

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Multi-Family Active

Price

$ 625,000

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 10,838

Style

Fourplex

Lot Size

0.13

Year Built

1915

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7138181

Features
General
Living Area 3444
Sewer City Sewer/Connected
Heating Boiler Hot Water
Roof Flat Rubber
Garage Spaces 0
Pool Features None
Construction Materials Block Frame
Year Built 1915
Electric Circuit Breakers
Tenant Pays All Utilities Cable TV Electricity Fuel Gas Heat Telephone
Topography Level
Levels Two
Property Subtype Fourplex
Tax Year 2026
Gross Income 52080
Accessibility None
County Hennepin
Operating Expense 8923
Insurance Expense 4830
New Construction N
Property Type Residential Income
Association Amenities Laundry Concrete Floors & Walls
Contingency None
MaintenanceExpense 0
Subdivision Name Mabies 2nd Add
Directions I-35 west on E 36th St south on Grand Ave S home on left
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Multi-Family
Number Of Units Total 4
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 10838
Electric Expense 230.64
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 3728.35
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Block Daylight/Lookout Windows Egress Window(s) Full Kitchenette Owner Access Shared Access Storage/Locker Storage Space Unfinished
Basement (Y/N) Y
Above Grade Finished Area 3444
Laundry Features In Basement Common Area Sink
Total Bedrooms 7
Below Grade Finished Area 0
Total Baths 4
Foundation Dimensions 42x33
Fuel Natural Gas
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Exterior
Fencing None
Parking Features Concrete
Lot Features Public Transit (w/in 6 blks) Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.13
Building Area Total 5110
Lot Dimensions 46x125
Waterfront Y/N N
Foundation Area 1403
Road Frontage Type City Street Curbs Paved Streets Sidewalks Street Lights Storm Sewer
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Internal Only
Street Number 1 3831
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* Excluded Features
List By
Keller Williams Premier Realty Lake Minnetonka

Broker

IsaacNagel@KW.com

Email

Affordability Calculator

$5,220
Per Month
83%
17%
0%
Monthly Principal & Interest
$4,317
Monthly Property Taxes
$903
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
10/9/2026$625,000 Listed Price

Map


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3831 Grand Avenue S, Minneapolis, MN, 55409 is a Multi-Family Home for sale at $625,000 with 3,444 sqft and a lot size of 0.13. 3831 Grand Avenue S has 7 bedrooms, 4.0 baths, and was built in 1915. The property's zip code is 55409 which is in Minneapolis, MN