Beautifully maintained triplex in an ideal Minneapolis location. The lower-level studio is freshly updated. The main-level unit offers 2 beds/1 bath, a sun-filled porch, formal dining, original woodwork, and an updated kitchen. The upper-level unit features 2 beds/1 bath, a bright sunroom, den, new vinyl plank flooring, and a charming dining room with original built-ins.
A spacious, unfinished fourth level adds incredible potential—two framed rooms, already plumbed, offering possibilities for added square footage or a future primary suite for the top unit. Four off-street parking spots and a welcoming backyard with space for gardening and/or bonfires. Recently passed the Minneapolis rental inspection, making this an easy, turnkey investment.
Ask for additional photos of the other units—this one is a gem for both live-in owners and investors alike.
Closed
Zestimate®
$554,000
3237 Lyndale Ave S, Minneapolis, MN 55408
4beds
3baths
4,814sqft
Triplex
Built in 1918
-- sqft lot
$554,000 Zestimate®
$115/sqft
$3,025 Estimated rent
Home value
$554,000
$515,000 - $598,000
$3,025/mo
Zestimate® history
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$3,480/mo
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List your homeWhat's special
Original woodworkNew vinyl plank flooringBright sunroomSun-filled porchFour off-street parking spotsUpdated kitchenFormal dining
Zillow last checked:
Listing updated:
Listed by:
Jessica Davis 612-850-1909,
Engel & Volkers Lake Minnetonka
Bought with:
Tim Devane
Real Broker, LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6821264
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Boiler
Appliances
- Laundry: Common Area, Lower Level, Laundry Room
Features
- Basement: Block,Daylight,Egress Window(s),Finished,Partially Finished,Unfinished
Interior area
- Total structure area: 4,814
- Total interior livable area: 4,814 sqft
- Finished area above ground: 2,508
- Finished area below ground: 689
Property
Parking
- Parking features: Unassigned, Open
- Has uncovered spaces: Yes
- Details: Garage Dimensions (0)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Pool features: None
- Fencing: None
Lot
- Size: 5,227 sqft
- Dimensions: 42 x 120
- Features: Near Public Transit, Tree Coverage - Light
Details
- Foundation area: 1254
- Parcel number: 0302824230107
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Block, Concrete
Condition
- New construction: No
- Year built: 1918
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Minneapolis
- Subdivision: Motor Line Add
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Sold | $554,000-7.7%$115/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6821264 Report a problem | ||
| 4/11/2026 | Pending sale | $599,900$125/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6821264 Report a problem | ||
| 2/28/2026 | Price change | $599,900-1.6%$125/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6821264 Report a problem | ||
| 2/19/2026 | Price change | $609,900-1.6%$127/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6821264 Report a problem | ||
| 2/5/2026 | Price change | $619,900-1.6%$129/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6821264 Report a problem | ||
| 1/22/2026 | Price change | $629,900-1.6%$131/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6821264 Report a problem | ||
| 1/16/2026 | Price change | $639,900-1.5%$133/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6821264 Report a problem | ||
| 11/25/2025 | Listed for sale | $649,900+10.2%$135/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6821264 Report a problem | ||
| 10/25/2025 | Listing removed | $1,875 |
Source: NorthstarMLS as distributed by MLS GRID #6805534 Report a problem | ||
| 10/16/2025 | Listed for rent | $1,875+4.5% |
Source: NorthstarMLS as distributed by MLS GRID #6805534 Report a problem | ||
| 7/25/2025 | Listing removed | $1,795 |
Source: NorthstarMLS as distributed by MLS GRID #6753225 Report a problem | ||
| 7/16/2025 | Price change | $1,795-4.3% |
Source: NorthstarMLS as distributed by MLS GRID #6753225 Report a problem | ||
| 7/10/2025 | Listed for rent | $1,875+4.5% |
Source: NorthstarMLS as distributed by MLS GRID #6753225 Report a problem | ||
| 12/26/2024 | Listing removed | $1,795 |
Source: NorthstarMLS as distributed by MLS GRID #6634450 Report a problem | ||
| 11/22/2024 | Listed for rent | $1,795 |
Source: NorthstarMLS as distributed by MLS GRID #6634450 Report a problem | ||
| 12/12/2023 | Sold | $590,000-9.2%$123/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6468248 Report a problem | ||
| 7/31/2023 | Listed for sale | $649,900$135/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6385104 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,143 +24.9% | $566,400 +1.5% |
| 2024 | $8,118 +5.7% | $558,000 -4.9% |
| 2023 | $7,677 -5.1% | $587,000 +5.8% |
| 2022 | $8,092 +3.3% | $555,000 |
| 2021 | $7,831 -4.3% | $555,000 |
| 2020 | $8,184 +4.5% | $555,000 +3% |
| 2019 | $7,831 -4.3% | $539,000 +10% |
| 2018 | $8,184 +18.8% | $490,000 +24.7% |
| 2017 | $6,890 +9.6% | $393,000 +13.4% |
| 2016 | $6,287 +10.5% | $346,500 +5.5% |
| 2015 | $5,689 +0.9% | $328,500 +15.1% |
| 2014 | $5,638 +10.2% | $285,500 +2.1% |
| 2013 | $5,115 +2.4% | $279,500 |
| 2012 | $4,997 -7.4% | $279,500 -10.1% |
| 2011 | $5,396 +10.2% | $311,000 -4.5% |
| 2010 | $4,898 +3.9% | $325,500 |
| 2009 | $4,716 +34.9% | $325,500 +26.4% |
| 2006 | $3,497 +21.2% | $257,600 +24.6% |
| 2005 | $2,886 +20.8% | $206,800 +25.8% |
| 2004 | $2,388 +25.7% | $164,400 +23.2% |
| 2002 | $1,900 -47.9% | $133,400 |
| 2001 | $3,649 | -- |
Find assessor info on the county website
Neighborhood: Lyndale
Nearby schools
GreatSchools rating
- 3/10Lyndale Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 7/10Justice Page Middle SchoolGrades: 6-8Distance: 2.1 mi
- 8/10Washburn Senior High SchoolGrades: 9-12Distance: 2.1 mi
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Estimated market value
$554,000
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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
$554,000
- Minnesota
- Hennepin County
- Minneapolis
- 55408
- Lyndale
- 3237 Lyndale Ave S
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Nearby neighborhoods
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