Rare South Minneapolis Triplex Opportunity in the Heart of Longfellow/Cooper!
Don’t miss this well-maintained and well-located triplex in the highly desirable Cooper neighborhood of South Minneapolis. This income-producing property features three separate units, each offering 2 bedrooms and 1 bathroom, providing strong rental appeal and flexible ownership options. The upper unit features beautiful hardwood floors and an additional porch room, while the side unit has been recently updated with new flooring and new bathroom plumbing.
This property has recently seen several significant capital improvements, including a new roof, new main sewer line, plumbing, and updated furnaces—offering peace of mind and reducing major near-term expenses. With three separate forced-air furnaces and three water heaters, the building benefits from efficient independent utilities and simplified management.
Situated on a corner lot, the property offers abundant off-street parking, basement storage, and owned coin-operated laundry for tenant convenience. The current tenants are month-to-month leases, with a unit available for an owner occupant.
Whether you’re looking to expand your portfolio, owner-occupy, or house hack, this is an exceptional opportunity with immediate cash flow potential and long-term upside located in a vibrant neighborhood with excellent walkability to restaurants and shops.
Active
Price cut: $14.9K (8/10)
$395,000
3300 41st Ave S, Minneapolis, MN 55406
6beds
3baths
2,052sqft
Triplex
Built in 1911
-- sqft lot
$394,000 Zestimate®
$192/sqft
$-- HOA
What's special
Beautiful hardwood floorsAdditional porch roomOwned coin-operated laundryThree water heatersThree separate forced-air furnacesAbundant off-street parkingCorner lot
- 78 days
- 804
- 34
Zillow last checked:
Listing updated:
Listed by:
Gregory W Lawrence 612-716-9473,
Home Avenue Flat Fee Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7094932
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Forced Air
Appliances
- Laundry: Coin-op Laundry Owned
Features
- Basement: Shared Access,Storage Space,Unfinished
Interior area
- Total structure area: 2,632
- Total interior livable area: 2,052 sqft
- Finished area above ground: 2,052
- Finished area below ground: 0
Property
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: Patio
Lot
- Size: 4,793 Square Feet
- Dimensions: 37 x 128
Details
- Foundation area: 1172
- Parcel number: 0602823130156
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Roof: Age 8 Years or Less,Flat
Condition
- New construction: No
- Year built: 1911
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Auditors Sub 237
HOA
- Amenities included: Coin-op Laundry Owned
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $192/sqft
- Tax assessed value: $338,000
- Annual tax amount: $6,418
- Date on market: 6/17/2026
Estimated market value
$394,000
$374,000 - $414,000
$2,055/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Price change | $395,000-3.6%$192/sqft |
Source: | ||
| 7/16/2026 | Price change | $409,900-3.6%$200/sqft |
Source: | ||
| 6/17/2026 | Listed for sale | $425,000+75.2%$207/sqft |
Source: | ||
| 5/21/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 5/2/2022 | Listed for rent | $1,025 |
Source: Zillow Rental Manager Report a problem | ||
| 10/9/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 9/22/2021 | Listed for rent | $1,025-14.6% |
Source: Zillow Rental Manager Report a problem | ||
| 5/8/2020 | Listing removed | $1,200$1/sqft |
Source: Cinch Properties Report a problem | ||
| 2/11/2020 | Listed for rent | $1,200$1/sqft |
Source: Cinch Properties Report a problem | ||
| 4/17/2017 | Sold | $242,600+37.8%$118/sqft |
Source: Public Record Report a problem | ||
| 3/25/2016 | Sold | $176,000$86/sqft |
Source: Public Record Report a problem | ||
| 12/23/2015 | Sold | $176,000-7.3%$86/sqft |
Source: | ||
| 9/2/2015 | Price change | $189,900-5%$93/sqft |
Source: Coldwell Banker Burnet - Minneapolis Lakes #4600386 Report a problem | ||
| 8/1/2015 | Price change | $199,900-11.1%$97/sqft |
Source: Coldwell Banker Burnet - Minneapolis Lakes #4600386 Report a problem | ||
| 5/20/2015 | Listed for sale | $224,900$110/sqft |
Source: Coldwell Banker Burnet - Minneapolis Lakes #4600386 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,495 +0.7% | $338,000 +1.5% |
| 2024 | $9,424 +10.7% | $333,000 -9.8% |
| 2023 | $8,511 +59% | $369,000 +13.2% |
| 2022 | $5,352 +9.2% | $326,000 +3.5% |
| 2021 | $4,901 -7.6% | $315,000 +5% |
| 2020 | $5,303 +8.2% | $300,000 |
| 2019 | $4,901 -7.6% | $300,000 +10.1% |
| 2018 | $5,303 +17.8% | $272,500 +11% |
| 2017 | $4,502 -2.2% | $245,500 +14.2% |
| 2016 | $4,602 +28.9% | $215,000 +15% |
| 2015 | $3,570 +17.6% | $187,000 +15.1% |
| 2014 | $3,036 +24.8% | $162,500 +4.5% |
| 2013 | $2,433 -35.8% | $155,500 -11.1% |
| 2012 | $3,790 +21.8% | $175,000 -11.4% |
| 2011 | $3,111 +11.8% | $197,500 -2.9% |
| 2010 | $2,784 -7.8% | $203,500 -4.9% |
| 2009 | $3,018 +33.7% | $214,000 +24.9% |
| 2006 | $2,258 +19.5% | $171,300 +22.3% |
| 2005 | $1,890 +20.8% | $140,100 +28.3% |
| 2004 | $1,565 +37.1% | $109,200 +24% |
| 2002 | $1,141 -43.7% | $88,100 |
| 2001 | $2,027 | -- |
Find assessor info on the county website
Monthly payment
Est. payment





