3408 Stevens Ave South - Minneapolis
Multifamily | 7.45% CAP | 6 Units
Marketing description
MRG Realty Partners is pleased to present 3408 Stevens Avenue, a 6-unit multifamily investment opportunity located in the Lyndale neighborhood of South Minneapolis. The property is comprised of four two-bedroom units & two one-bedroom units.
A new high-efficiency boiler & 2 new water heaters were installed in 2024. The windows were replaced in 2019. The building is currently enrolled in the Minneapolis 4D program, providing a significant reduction in annual property tax expense. There is off-street parking in the back of the building; one space for each unit. All current tenants are on month-to-month leases.
The property is well located for easy access to I-35W as well as for easy access to numerous neighborhood amenities toward Lyndale Avenue & beyond.
Investment highlights
Please contact listing agent directly for additional information about this property. David Dirkers | 651-998-9380 | [email protected]
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