3232 3rd Avenue S, Minneapolis, MN, 55408

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$425,000
1 Day On Site

3232 3rd Avenue S
Minneapolis, MN 55408

For Sale|Duplex|Active
5
Beds
2
Total Baths
2,560
SqFt
$166
/SqFt
1902
Built
County:
Hennepin
Listing courtesy of Keller Williams Classic Rlty NW
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3232 3rd Avenue S3232 3rd Avenue S3232 3rd Avenue S3232 3rd Avenue S
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Monthly Payment (Est.)

$1,939
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The investment opportunity you’ve been waiting for! This massive duplex in the Central Neighborhood of South Minneapolis offers strong current income with future upside. Key capital improvements already completed, including brand-new boilers for both units, maintenance-free siding, updated windows, and nicely refreshed interiors—ideal for attracting top-market rents while minimizing future repair costs. Owner occupant investors welcomed with lower unit lease ending 5/31! With nearly 2,600 finished sq ft and over 5,600 total sq ft, this property features a large basement and walk-up attic currently used for tenant storage but offering potential for value-added expansion for the next owner. Ideal for both first-time investors or seasoned builders seeking a great addition to their portfolio. Units rented until June of 2026 at $1895 & May of 2026 at $1650. Owner pays for water/sewer/trash, tenants responsible for gas & electric.

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Listing Snapshot
Price 
$425,000
Days On Site 
1 Day
Bedrooms 
5
Inside Area (SqFt) 
2,560 sqft
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.14 Acres
Year Built 
1902
MLS® Number 
7046327
Status 
Active
Property Tax 
$5,099.5
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
22 hours agoListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
0.14
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Parking 
Gravel
Property Sub Type 
Duplex
Sewer 
Public Sewer
SqFt Above 
2560
SqFt Total 
2560
Water Source 
Public
Zoning 
Residential-Multi-Family
Interior Features
Basement 
FullUnfinished
Heating 
Natural GasHot Water
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Exterior Features
Fencing 
Chain LinkPrivacyWood
Road Frontage 
City Street
Roof 
AsphaltRubber
Community Features
School District 
Minneapolis
Township 
Minneapolis
Schools
School District
Minneapolis
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Keller Williams Classic Rlty NW



Listing information is provided by Participants of the Northstar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northstar MLS.
Last checked: 2026-04-04 08:20 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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