3310 Chicago Avenue Minneapolis, MN $ 369,700
3310 Chicago Avenue
$ 369,700
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3310 Chicago Avenue

Minneapolis, MN, 55407
$ 369,700
Bedrooms7 Baths3.0 Sq 3,175

Monthly Estimate*

$ 2,553

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Multi-Family Home for sale in Minneapolis, MN

for $369,700 with 7 bedrooms and 3 full baths. This 3,175 square foot home was built in 1889 on a lot size of 0.093182.

Exceptional investment opportunity! This versatile Minneapolis triplex features 7 bedrooms, 3 bathrooms, and an active short-term rental operation fully licensed by the City of Minneapolis. With projected annual rental income of $48,000 through a combination of short-term and long-term tenants, this property offers flexibility and income potential for investors. Highlights include 7 off-street parking spaces on a concrete driveway, coin-operated basement laundry, a roof approximately 5 years old, and updated HVAC and air conditioning approximately 3 years ago. An additional basement bedroom offers future potential, subject to egress and applicable requirements. Whether you're expanding your portfolio or exploring multiple rental strategies, this property presents an exciting opportunity to invest in Minneapolis real estate!

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Multi-Family Active

Price

$ 369,700

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,122

Style

Triplex

Lot Size

0.093182

Year Built

1889

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7162268

Features
General
Living Area 3175
Sewer City Sewer/Connected
Heating Forced Air
Roof Age 8 Years or Less Asphalt
Garage Spaces 0
Construction Materials Block Concrete
Year Built 1889
Electric Circuit Breakers
Levels Two
Property Subtype Triplex
Tax Year 2026
Gross Income 48000
Accessibility None
County Hennepin
Net Operating Income 37040
Operating Expense 10960
Insurance Expense 3455
New Construction N
Property Type Residential Income
Contingency None
MaintenanceExpense 0
Subdivision Name D W Ellis Add
Directions Right on Chicago Ave. S across from the school.
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Multi-Family
Number Of Units Total 3
Lot Size Units Square Feet
Land Lease Y/N N
Tax Annual Amount 5122.08
Electric Expense 1584
Fuel Expense 3120
Trash Expense 816
Water Sewer Expense 1277
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Partially Finished
Basement (Y/N) Y
Above Grade Finished Area 2836
Laundry Features In Basement
Total Bedrooms 7
Below Grade Finished Area 339
Total Baths 3
Fuel Natural Gas
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Exterior
Fencing Chain Link
Parking Features Concrete Paved Lot
Water Source City Water/Connected
Lot Size Area 4059
Building Area Total 3956
Lot Dimensions 123x33
Waterfront Y/N N
Foundation Area 1120
Road Frontage Type City Street Sidewalks
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Internal Only
Street Number 1 3310
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* Excluded Features
List By
Lpt Realty, Llc

Broker

MichaelJRealtyMN@gmail.com

Email

Affordability Calculator

$2,980
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,553
Monthly Property Taxes
$427
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
10/19/2026$369,700 Listed Price

Map


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3310 Chicago Avenue, Minneapolis, MN, 55407 is a Multi-Family Home for sale at $369,700 with 3,175 sqft and a lot size of 0.093182. 3310 Chicago Avenue has 7 bedrooms, 3.0 baths, and was built in 1889. The property's zip code is 55407 which is in Minneapolis, MN