Anand Prashad, Broker
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3043 Grand Avenue S, Minneapolis, MN 55408

$699,000
SQUARE FEET 2,564
MLS# 7129459
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Anand Prashad, Broker

Anand Prashad, Broker
Call: (612) 790-6080

STATUS: Active
PROPERTY TYPE: Multi Unit - Multiple
SUBDIVISION: Motor Line Add
SCHOOL: Minneapolis

Property Description

Opportunity to acquire a four-unit multifamily property offering approximately 2,564 SF of living space on a 5,663 SF lot. Built in 1900, the property has benefited from significant capital improvements, including new windows, siding, four water heaters, and four forced air furnaces, along with recent appliance and furnishing upgrades. The property features three 1-bedroom/1-bath units and one studio, all with private entrances, updated kitchens, and flexible furnished configurations. All four units are currently occupied and operating as furnished short-term rentals through airbnb, providing an established rental history and immediate income-producing use, while offering flexibility for short, medium, or long-term rental strategies. The property presents an opportunity for both an investor seeking an established multifamily asset and an owner-occupant looking to live in one unit while generating rental income from the remaining units. Off-street parking and shared outdoor space further enhance the property's appeal.

3043 Grand Avenue S | MLS# 7129459

This multi-family property located at 3043 Grand Avenue S, Minneapolis, MN 55408 is currently listed for sale with an asking price of $699,000. Grand Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on aprashad.counselorrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space
Heating: Forced Air
Lot Size: 0.13 Acres
Taxes: $9,383
Year Built: 1900

Feature Descriptions

Days on Site: 16
Foundation Size: 1340
Lot Dimensions: 46 x 124
Parcel#: 0302824220013
Parking: On-Street Parking Only
Sewer: City Sewer/Connected
Units: 4
Water: City Water/Connected

Local Schools

School District: Minneapolis

Listed By / Shown By

Listed By

Agency Name: Strata Real Estate Resources
Agency Phone: 651-252-4302

Shown By

Agent Name: Anand Prashad, Broker
Agent Phone: (612) 790-6080
Agency Title: Counselor Realty

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Estimated Payment

$ 4,706.16 per month $3,720.37 Principal & Interest $781.92 Property Tax $203.88 Homeowner's Insurance

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