Unique Powderhorn Park Triplex Investment Opportunity!
Discover a fantastic investment opportunity just one block from Powderhorn Park. This unique property features three separate units across two buildings, offering flexibility, strong rental potential, and a highly desirable Minneapolis location.
Each unit features a private entrance, spacious living room, dining room, kitchen, two bedrooms, and a full bathroom. Front porches provide additional outdoor space, while off-street parking adds convenience for tenants.
The duplex building offers shared laundry in the lower level, while the separate single-family structure has its own washer and dryer, providing added privacy and convenience.
Located just steps from Powderhorn Park, residents can enjoy easy access to the lake, walking paths, playgrounds, recreation areas, and community amenities. Restaurants, shops, public transportation, and everyday conveniences are also nearby.
Whether you're looking to expand your investment portfolio, generate rental income, or explore an owner-occupied opportunity, this three-unit property offers versatility and long-term potential in a sought-after Minneapolis neighborhood.
Active
$427,500
3048 13th Ave S, Minneapolis, MN 55407
6beds
3baths
5,100sqft
Triplex
Built in 1914
-- sqft lot
$-- Zestimate®
$84/sqft
$-- HOA
What's special
- 13 days
- 261
- 28
Zillow last checked:
Listing updated:
Listed by:
Tenzin Sopa 763-267-5574,
Real Broker, LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7145315
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Baseboard, Forced Air
Features
- Basement: Unfinished
Interior area
- Total structure area: 5,100
- Total interior livable area: 5,100 sqft
- Finished area above ground: 3,400
- Finished area below ground: 1,700
Property
Parking
- Parking features: Assigned, Parking Lot
Accessibility
- Accessibility features: None
Features
- Levels: Modified Two Story
Lot
- Size: 5,227 Square Feet
- Dimensions: 42 x 123
Details
- Foundation area: 1112
- Parcel number: 0202824120056
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- New construction: No
- Year built: 1914
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Tingleys Add
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $84/sqft
- Tax assessed value: $327,800
- Annual tax amount: $6,528
- Date on market: 9/21/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2026 | Listed for sale | $427,500+21.4%$84/sqft |
Source: | ||
| 10/11/2024 | Sold | $352,000+17.7%$69/sqft |
Source: | ||
| 7/30/2024 | Pending sale | $299,000$59/sqft |
Source: | ||
| 7/25/2024 | Listed for sale | $299,000$59/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $6,529 +5.6% | $327,800 -5% |
| 2025 | $6,180 +13.6% | $345,100 +1.5% |
| 2024 | $5,438 +14% | $340,000 +0.6% |
| 2023 | $4,771 +4.2% | $338,000 +15% |
| 2022 | $4,580 +15.2% | $294,000 +10.1% |
| 2021 | $3,975 -2.9% | $267,000 +9.9% |
| 2020 | $4,095 +3% | $243,000 +5% |
| 2019 | $3,975 -2.9% | $231,500 +10% |
| 2018 | $4,095 +18.8% | $210,500 +15.7% |
| 2017 | $3,448 +1.1% | $182,000 +7.1% |
| 2016 | $3,410 +3.9% | $170,000 +14.9% |
| 2015 | $3,283 +9.6% | $148,000 +13% |
| 2014 | $2,995 +4.4% | $131,000 |
| 2013 | $2,868 -12.5% | $131,000 -14.9% |
| 2012 | $3,278 -10.3% | $154,000 -14.4% |
| 2011 | $3,655 +6.4% | $180,000 -7% |
| 2010 | $3,434 -12.7% | $193,500 -10% |
| 2009 | $3,935 +20.3% | $215,000 +20.9% |
| 2006 | $3,271 +8.2% | $177,900 +15% |
| 2005 | $3,023 +10.2% | $154,700 +15% |
| 2004 | $2,744 +3.8% | $134,500 +10.4% |
| 2002 | $2,642 -45.2% | $121,800 |
| 2001 | $4,821 | -- |
Find assessor info on the county website
Monthly payment
Est. payment







