Savvy Avenue
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Street View
$825,000
Monthly Est:$4,106
10 Beds
8 Baths
4,900sqft
3514 Grand Ave S, Minneapolis, MN 55408
$825,000
$4,106/moEst:
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Triplex
Built in 2005
$-- HOA
0.13 acre lot
$168/sq.ft
Description
A rare turnkey 2005-built triplex, with an extra studio/storage space, in one of Minneapolis's most in-demand rental submarkets — this property offers investors a stabilized asset with strong, consistent rents across all four units. The property has had zero vacancies in five years, and strong tenant quality and rental history make it a proven income producer from day one, not a projection. Current gross rents total $7,650 per month, or $91,800 annually. There's also a clear value-add lever: water can be separately metered so tenants cover their own usage, immediately improving NOI. Built in 2005, the property is newer construction than most of the surrounding rental stock, meaning lower near-term capex risk on major systems, and all the units feature modern kitchens, updated baths, and in-unit laundry — amenities that support premium rents and tenant retention. Located within walking distance to Uptown's restaurants, retail, and transit, the property benefits from the kind of walkability that keeps this submarket in consistent demand and supports long-term appreciation. With stabilized cash flow and a clear expense-reduction opportunity, this property offers rare in-place income in one of Uptown's tightest rental markets.
- Houzeo last checked: 3 minutes ago
- Listing updated: August 28, 2026 at 8:41 pm
- Listing Provided by: Shelbie Cox (612) 360-0306 | Real Broker, LLC (651) 370-9026
- Source: Northstar MLS-MN as distributed by MLS GRID | MLS#: 7079275
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
2005
HOA Fees
-
Finished Area
4,900 sqft
Lot Size
0.13 acre lot
Basement Area
- sqft
MLS Name
Northstar MLS
MLS Number
7079275
Days on Market
162
Cumulative Days on Market
222
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 8
Interior
Sewer
City Sewer/connected
Heating
Forced Air
Exterior Features
Stone, Vinyl
Construction
Year Built
Year Built: 2005
Home type
Triplex
Foundation Details
Block
Roof
Age Over 8 Years
Utilities & Energy
Water Source
City Water/connected
Laundry Features
In Unit
Parking Features
Detached Garage
Pool Features
None
Basement
Block, Egress Window(s), Finished
Association Amenities
None
Other Features
Subdivision Name
Bakers Add
Tenant Pays
Other
Price History
| Date | Event | Price |
|---|---|---|
08/28/2026 Source: | Listed for Sale | $825,000 -10.81% $168/sqft |
05/20/2026 Source: | Price Decreased | $925,000 -2.63% $189/sqft |
12/29/2025 Source: | Price Decreased | $950,000 -1.54% $194/sqft |
08/24/2025 Source: | Listing Removed | $964,900 $197/sqft |
06/25/2025 Source: | Listed for Sale | $964,900 +45847.62% $197/sqft |
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Based on information submitted to the MLS GRID from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC through Nov 04, 2026, 05:45AM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Information deemed reliable but not guaranteed. The property data presented reflects information otherwise available from public records. The real estate broker participating in MLS and providing this information may not have represented the buyer or seller in some or all of the transactions. Listings courtesy of Northstar MLS as distributed by MLS GRID. © 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Advertising Broker: Moe Mossa (Savvy Avenue) (612) 490-1268 | Savvy Avenue, LLC
