3043 Grand Ave S

Minneapolis, MN 55408
  • $699,000

    Price
  • 4

    Bed
  • 4

    Bath
  • 2,564

    SqFt
  • 0.13

    Acre

About the Listing 25873 - 506005328

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. Free convenient on-street parking and shared outdoor space further enhance the property's appeal.

Listing Highlights

Status Active
Days on Site 35
Property Type Multi-Family
MLS ® 7129459
Year Built 1900
Total Square Footage 2,564
Lot/Acreage 0.13
County Hennepin
Neighborhood Motor Line Add
School District Minneapolis

Interior Details

  • Bedrooms: 4
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air,Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 2564
  • Basement: Crawl Space
  • Other:
  • Water: City Water/Connected

Exterior Details

  • Lot Description: Full,Wood
  • Garage Capacity: N/A
  • Lot Dimensions: 46 x 124
  • Zoning: Residential-Multi-Family
  • Roof:
  • Others:
  • Sewer: City Sewer/Connected
  • Parking Features: On-Street Parking Only

Financial Details

  • Tax Amount: $9,383
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 0302824220013
  • Tax Year: 2026

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3043 Grand Ave S Minneapolis, MN 55408

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Originating MLS: northstar

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Brad Bemowski

Realtor and Licensed Real Estate Broker | Brad Bemowski | Homcentric Real Estate, powered by Property Executives Realty

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