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    • $554,000

    3237 Lyndale Ave S, Minneapolis, MN 55408

    4beds
    3baths
    4,814sqft
    Triplex
    Built in 1918
    -- sqft lot
    $543,600 Zestimate®
    $115/sqft
    $2,295 Estimated rent

    Home value

    $543,600

    $506,000 - $587,000

    $2,295/mo

    Zestimate® history

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    $2,882/mo

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    $2,882/mo

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    What's special

    Original woodworkNew vinyl plank flooringBright sunroomSun-filled porchFour off-street parking spotsUpdated kitchenFormal dining
    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.

    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#: 6821264MLS Logo

    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 Square Feet
    • 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 & HOA

    Community
    • Subdivision: Motor Line Add
    HOA
    • Amenities included: Laundry
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $115/sqft
    • Tax assessed value: $594,700
    • Annual tax amount: $10,143
    • Date on market: 11/25/2025
    • Cumulative days on market: 136 days
    • Tenant pays: Cable TV, Electricity, Fuel, Gas
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/30/2026Sold$554,000-7.7%$115/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6821264 Report a problem
    4/11/2026Pending sale$599,900$125/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6821264 Report a problem
    2/28/2026Price change$599,900-1.6%$125/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6821264 Report a problem
    2/19/2026Price change$609,900-1.6%$127/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6821264 Report a problem
    2/5/2026Price change$619,900-1.6%$129/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6821264 Report a problem
    1/22/2026Price change$629,900-1.6%$131/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6821264 Report a problem
    1/16/2026Price change$639,900-1.5%$133/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6821264 Report a problem
    11/25/2025Listed for sale$649,900+10.2%$135/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6821264 Report a problem
    10/25/2025Listing removed$1,875
    Source: NorthstarMLS as distributed by MLS GRID #6805534 Report a problem
    10/16/2025Listed for rent$1,875+4.5%
    Source: NorthstarMLS as distributed by MLS GRID #6805534 Report a problem
    7/25/2025Listing removed$1,795
    Source: NorthstarMLS as distributed by MLS GRID #6753225 Report a problem
    7/16/2025Price change$1,795-4.3%
    Source: NorthstarMLS as distributed by MLS GRID #6753225 Report a problem
    7/10/2025Listed for rent$1,875+4.5%
    Source: NorthstarMLS as distributed by MLS GRID #6753225 Report a problem
    12/26/2024Listing removed$1,795
    Source: NorthstarMLS as distributed by MLS GRID #6634450 Report a problem
    11/22/2024Listed for rent$1,795
    Source: NorthstarMLS as distributed by MLS GRID #6634450 Report a problem
    12/12/2023Sold$590,000-9.2%$123/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6468248 Report a problem
    7/31/2023Listed for sale$649,900$135/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6385104 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$10,715 +5.6%$594,700 +5%
    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

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    Estimated market value

    $543,600

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    Estimated market value

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