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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.

1700 3RD AVE S Minneapolis MN 55404-2490

[Locked] • APN 27-029-24-43-0208

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Details
Property Type Multifamily
Sub Type Apartment Building
Building SqFt 8,599
Lot SqFt 15,891
Acreage ******
Number of Units 1
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code OR3
Year Built 1886
Building Count 2
Opportunity Zone No
Mortgage Amount ******
Mortgage Term ******
Interest Rate ******

Property History

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Property Type
Property Type
Multifamily
Property Subtype
Apartment Building
Marketing Description

The property includes 8 units in the main mansion and a detached carriage house adjacent to the building, providing additional rental income or owner-occupant flexibility. It generates $144,900 in annual income.

This versatile property can continue as a rental investment or be adapted for alternative uses, featuring unique amenities such as a detached carriage house, a large basement common area with a bathroom, and a wheelchair-accessible unit with a lift.

Contact MaryPat McNicoll at (406) 291-9103 to schedule a tour or to receive more information and pricing guidance.

Investment Highlights

Each unit includes a designated laundry area within its private storage unit.

Unit 3 features a private patio and a wheelchair lift for enhanced accessibility.

Extremely large basement common area featuring a workout space, a rare common area bathroom, and ample room with potential to add an additional unit or enhance tenant amenities/ community space.

Outdoor amenities include a gas grill, ideal for tenant use and gatherings.

The carriage house, a separate building adjacent to the main mansion, offers 3 bedrooms and 2 bathrooms, providing additional rental income or owner-occupant flexibility.

Unit Mix: 2 Studio Units, 1 One-Bedroom Unit, and 5 Two-Bedroom Units.

All units have been fully remodeled, meticulously maintained, and feature stunning woodwork throughout the property.

Tenants are responsible for heat and electricity.

The property generates a total annual income of $144,900, with potential for additional revenue.

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
DM
Doug McNicoll PRO
•••.•••.4386
doug@•••••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
MM
MaryPat McNicoll
•••.•••.9103
•••ypat@•••••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
LH
Luke Hermanson
•••.•••.7814
luke@•••••••••••••••••.com
Brokerage logo

Map

Comparable Properties

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Rental Market Overview

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Minneapolis, MN median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Minneapolis, MN (this market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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