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  • $545,000

    3148 Pleasant Ave, Minneapolis, MN 55408

    8beds
    3baths
    3,000sqft
    Triplex
    Built in 1886
    -- sqft lot
    $545,500 Zestimate®
    $182/sqft
    $2,624 Estimated rent

    Home value

    $545,500

    $502,000 - $595,000

    $2,624/mo

    Zestimate® history
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    $2,624/mo

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    $2,624/mo

    Rent Zestimate®

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    $2,835/mo

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    $2,835/mo

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    What's special

    Stylish bathroomsModern kitchensUpdated appliances
    Welcome to this beautifully updated triplex located in the Lyndale neighborhood of Minneapolis. Featuring two well maintained units on the main level and a massive upper-level unit, each thoughtfully renovated with modern kitchens, stylish bathrooms, updated appliances, and fresh paint throughout. The lower two units are currently occupied by reliable, month-to-month tenants, providing immediate rental income with flexibility for future plans. Brand new coin laundry in the basement only adds to this income potential. Whether you're an investor looking for a solid cash-flowing property or an owner-occupant seeking to offset your mortgage with rental income, this triplex is a perfect fit. Located in a sought-after area near local shops, restaurants, parks, and easy transit options, this property blends convenience with long-term value. Don't miss out on this great turn-key investment opportunity. Plan your tour of this new listing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    The Graham Smith Team 612-414-5614,

    Keller Williams Realty Integrity Lakes,

    Jake Bentley 763-777-2068

    Bought with:

    Mason D Vitalis

    Keller Williams Classic Rlty NW

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6740406MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    Heating
    • Boiler, Radiant
    Appliances
    • Laundry: In Basement, Coin-op Laundry Owned
    Features
    • Basement: Shared Access,Unfinished
    Interior area
    • Total structure area: 3,000
    • Total interior livable area: 3,000 sqft
    • Finished area above ground: 3,000
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Pool features: None
    Lot
    • Size: 4,471 sqft
    • Dimensions: 45 x 99
    Details
    • Foundation area: 1600
    • Parcel number: 0302824220192
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Condition
    • New construction: No
    • Year built: 1886

    Utilities & green energy

    • Electric: Circuit Breakers
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Minneapolis
    • Subdivision: Motor Line Add

    Price history

    DateEventPrice
    8/22/2025Sold$545,000+3.8%$182/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6740406 Report a problem
    7/21/2025Pending sale$525,000$175/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6740406 Report a problem
    6/17/2025Listed for sale$525,000$175/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6740406 Report a problem
    6/17/2025Listing removed$525,000$175/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6681542 Report a problem
    6/13/2025Listed for sale$525,000$175/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6681542 Report a problem
    4/2/2025Pending sale$525,000$175/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6681542 Report a problem
    3/20/2025Listed for sale$525,000+7.4%$175/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6681542 Report a problem
    10/13/2023Listing removed--
    Source: NorthstarMLS as distributed by MLS GRID #6385630 Report a problem
    9/20/2023Price change$489,000-2.2%$163/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6385630 Report a problem
    7/20/2023Listed for sale$499,900-6.6%$167/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6385630 Report a problem
    3/8/2023Listing removed--
    Source: NorthstarMLS as distributed by MLS GRID #6301963 Report a problem
    10/18/2022Price change$535,000-5.3%$178/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6192204 Report a problem
    7/5/2022Price change$565,000-5.8%$188/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6192204 Report a problem
    6/20/2022Price change$599,900-7.7%$200/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6192204 Report a problem
    6/9/2022Listed for sale$650,000+44.4%$217/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6192204 Report a problem
    8/18/2021Sold$450,000+16.9%$150/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5721373 Report a problem
    2/23/2021Listing removed--
    Source: Owner Report a problem
    9/29/2020Listing removed$950
    Source: Owner Report a problem
    9/23/2020Listed for rent$950
    Source: Owner Report a problem
    9/16/2019Listing removed$950
    Source: Owner Report a problem
    9/4/2019Listed for rent$950
    Source: Owner Report a problem
    11/9/2018Sold$385,000+28.3%$128/sqft
    Source: NorthstarMLS as distributed by MLS GRID #4985836 Report a problem
    5/3/2017Sold$300,000+428.2%$100/sqft
    Source: Public Record Report a problem
    4/22/1998Sold$56,793$19/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,835 -28.8%$437,500 +1.5%
    2024$11,010 +16.1%$431,000 -5.1%
    2023$9,481 +15.1%$454,000 -5%
    2022$8,238 +3.8%$478,000 -1.4%
    2021$7,933 -7.5%$485,000
    2020$8,578 +8.1%$485,000
    2019$7,933 -7.5%$485,000 +10%
    2018$8,578 +14.6%$441,000 +27.6%
    2017$7,484 +15.6%$345,500 +15%
    2016$6,474 +6.8%$300,500 +14.9%
    2015$6,063 +9.1%$261,500 +14.9%
    2014$5,559 +10.9%$227,500 +5.1%
    2013$5,014 +2.6%$216,500
    2012$4,889 +5.6%$216,500 -5%
    2011$4,630 +14.4%$228,000
    2010$4,046 -5.6%$228,000 -4.7%
    2009$4,286 +60.1%$239,200 +54.5%
    2006$2,677 +22.5%$154,800 +29.2%
    2005$2,185 +23.6%$119,800 +32.4%
    2004$1,767 +27.1%$90,500 +29.7%
    2002$1,391 -43.9%$69,800
    2001$2,481 --

    Find assessor info on the county website

    Neighborhood: South Uptown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $545,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $545,500