Solid brick fourplex on Chicago Avenue South, three units leased and a vacant fourth ready for the next owner to set the rate. Current rents run $1,175 to $1,200 per month with long-term tenants in place. The boiler was replaced seven years ago and the water heater for Unit 2 is new in 2023. Hardwood floors throughout, radiator heat, and individual water heaters per unit. A Metro Transit stop sits directly in front of the building, making this an easy leasing story for future tenants. Consistent occupancy in a neighborhood with steady rental demand.
Active
$499,900
3215 Chicago Ave S, Minneapolis, MN 55407
4beds
4baths
2,760sqft
Apartment
Built in 1929
-- sqft lot
$494,400 Zestimate®
$181/sqft
$-- HOA
What's special
Hardwood floors throughoutSolid brick fourplexRadiator heat
- 24 days |
- 479 |
- 42 |
Zillow last checked:
Listing updated:
Listed by:
Eric J Eickhof 612-760-1979,
Jason Mitchell Group
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7096268
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Hot Water
Appliances
- Laundry: Coin-op Laundry Owned
Features
- Basement: Partial
Interior area
- Total structure area: 4,140
- Total interior livable area: 2,760 sqft
- Finished area above ground: 2,760
- Finished area below ground: 0
Property
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Fencing: Chain Link
Lot
- Size: 4,791 Square Feet
- Dimensions: 124 x 40
- Features: Near Public Transit
Details
- Foundation area: 1380
- Parcel number: 0202824240052
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Roof: Flat
Condition
- New construction: No
- Year built: 1929
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
HOA
- Amenities included: Coin-op Laundry Owned, Patio
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $181/sqft
- Annual tax amount: $8,532
- Date on market: 6/24/2026
- Cumulative days on market: 13 days
- Tenant pays: Cable TV, Electricity, Fuel, Insurance
Estimated market value
$494,400
$470,000 - $519,000
$1,721/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Listed for sale | $499,900+29.8%$181/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7096268 Report a problem | ||
| 5/11/2018 | Sold | $385,000$139/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4933597 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Powderhorn Park
Nearby schools
GreatSchools rating
- NAAndersen CommunityGrades: PK-8Distance: 0.7 mi
- 6/10South Senior High SchoolGrades: 9-12Distance: 0.9 mi
- 6/10Bancroft Elementary SchoolGrades: PK-5Distance: 0.8 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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