Listed By
Agency Name: Strata Real Estate Resources
Agency Phone: 651-252-4302
Shown By
Agent Name: Pete Rathjen, Broker
Agent Phone: (651) 308-4550
Agency Title: Counselor Realty
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.
Property Features
Feature Descriptions
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3043 Grand Avenue S, Minneapolis, MN 55408
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$ 4,706.16 per month $3,720.37 Principal & Interest $781.92 Property Tax $203.88 Homeowner's InsuranceChange Payment Information
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3043 Grand Avenue S, Minneapolis, MN 55408
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3043 Grand Avenue S, Minneapolis, MN 55408.
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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
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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 prathjen.counselorrealty.com today.