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  • $849,900

    3514 Grand Ave S, Minneapolis, MN 55408

    10beds
    8baths
    4,900sqft
    : 
    $5,400/mo
    Get pre-qualified
    Triplex
    Built in 2005
    -- sqft lot
    $840,700 Zestimate®
    $173/sqft
    $-- HOA

    What's special

    Modern kitchensIn-unit laundryThree spacious units
    Discover a prime investment opportunity with this well-maintained triplex in the heart of Uptown Minneapolis. The property was built in 2005, a rare find in this location. Featuring three spacious units, each with modern kitchens, bathrooms and in-unit laundry, this property boasts a stellar rental history and high-quality tenants, ensuring a steady income stream. The property is easy to rent, with no vacancies in the past five years. Located steps from numerous restaurants, shops, and public transportation, the vibrant Uptown area is a desirable location in Minneapolis. This triplex offers excellent potential for long-term growth in a stable rental market. Additionally, there is potential to reduce expenses by separately metering water and having tenants cover their own water costs and there is an additional bedroom in unit #3 so a significant jump in rental income for that unit is possible. Don't miss the chance to add this property to your portfolio!
    60 days
    |
    314
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Shelbie Cox 612-360-0306,

    Real Broker, LLC

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7079275MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 8
      Heating
      • Forced Air
      Appliances
      • Laundry: In Unit
      Features
      • Basement: Block,Egress Window(s),Finished
      Interior area
      • Total structure area: 5,400
      • Total interior livable area: 4,900 sqft
      • Finished area above ground: 3,600
      • Finished area below ground: 1,300

      Property

      Parking
      • Total spaces: 3
      • Parking features: Detached Garage
      • Garage spaces: 3
      • Details: Garage Dimensions (20x30)
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Patio & porch: Terrace
      • Pool features: None
      • Fencing: None
      Lot
      • Size: 5,662 Square Feet
      • Dimensions: 45 x 129
      Details
      • Foundation area: 1800
      • Parcel number: 0302824320126
      • Zoning description: Residential-Multi-Family

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      Materials
      • Roof: Age Over 8 Years
      Condition
      • New construction: No
      • Year built: 2005

      Utilities & green energy

      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected

      Community & HOA

      Community
      • Subdivision: Bakers Add
      HOA
      • Amenities included: None
      Location
      • Region: Minneapolis

      Financial & listing details

      • Price per square foot: $173/sqft
      • Tax assessed value: $772,400
      • Annual tax amount: $14,668
      • Date on market: 5/25/2026
      • Cumulative days on market: 251 days
      • Tenant pays: Other

        Estimated market value

        $840,700

        $799,000 - $883,000

        $2,033/mo

        Price history

        DateEventPrice
        5/25/2026Listed for sale$849,900-8.1%$173/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7079275 Report a problem
        5/20/2026Listing removed$925,000$189/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7036190 Report a problem
        3/27/2026Listed for sale$925,000-2.6%$189/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7036190 Report a problem
        12/29/2025Listing removed$950,000$194/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6795761 Report a problem
        10/3/2025Listed for sale$950,000-1.5%$194/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6795761 Report a problem
        8/24/2025Listing removed$964,900$197/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6688244 Report a problem
        7/28/2025Listed for sale$964,900$197/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6688244 Report a problem
        7/10/2025Pending sale$964,900$197/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6688244 Report a problem
        6/26/2025Listing removed$964,900$197/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6688244 Report a problem
        6/22/2025Listed for sale$964,900-2.5%$197/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6688244 Report a problem
        5/20/2025Listing removed$990,000$202/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6688244 Report a problem
        4/25/2025Price change$990,000-1%$202/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6688244 Report a problem
        4/3/2025Listed for sale$1,000,000+46%$204/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6688244 Report a problem
        1/2/2020Sold$685,000+5.4%$140/sqft
        Source: NorthstarMLS as distributed by MLS GRID #5298350 Report a problem
        10/2/2019Pending sale$649,900$133/sqft
        Source: John Thomas Realty #5298350 Report a problem
        9/26/2019Listed for sale$649,900+30847.6%$133/sqft
        Source: John Thomas Realty #5298350 Report a problem
        8/14/2019Listing removed$1,600
        Source: Owner Report a problem
        7/29/2019Listed for rent$1,600
        Source: Owner Report a problem
        4/15/2015Sold$2,100-99.5%
        Source: Agent Provided Report a problem
        6/13/2014Sold$458,000$93/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #2182455 Report a problem
        5/22/2014Listed for sale$458,000+21709.5%$93/sqft
        Source: Meany Realty #4482706 Report a problem
        3/31/2014Sold$2,100-99.5%
        Source: Agent Provided Report a problem
        4/26/2013Sold$431,911-9.1%$88/sqft
        Source: Public Record Report a problem
        2/26/2013Listed for sale$474,900+58.3%$97/sqft
        Source: Coldwell Banker Burnet - Highland Park #4339358 Report a problem
        2/27/2009Sold$300,000-65.5%$61/sqft
        Source: Public Record Report a problem
        8/28/2007Sold$870,000$178/sqft
        Source: Public Record Report a problem
        4/4/2006Sold$870,000+314.3%$178/sqft
        Source: Public Record Report a problem
        6/23/2005Sold$210,000+47.9%$43/sqft
        Source: Public Record Report a problem
        10/29/2001Sold$142,000$29/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$14,312 +13.4%$772,400 +1.5%
        2024$12,615 +9.7%$761,000
        2023$11,497 +1.9%$761,000 +10.9%
        2022$11,280 +4%$686,000 +3.3%
        2021$10,847 +10.7%$664,000
        2020$9,801 -9.6%$664,000 +3%
        2019$10,847 +10.7%$644,500 +10%
        2018$9,801 +22.1%$586,000 +17.7%
        2017$8,025 +4.7%$498,000 +15%
        2016$7,668 +11.3%$433,000 +15%
        2015$6,886 +10.4%$376,400 +31.1%
        2014$6,236 -1.1%$287,000
        2013$6,304 +2.8%$287,000
        2012$6,135 -10.9%$287,000 -15%
        2011$6,882 -0.7%$337,500 -10%
        2010$6,927 -37.3%$375,000 -38.9%
        2009$11,048 +472.6%$614,000 +303.9%
        2006$1,929 +13.4%$152,000 +16.4%
        2005$1,702 +9.3%$130,600 +15%
        2004$1,557 +17%$113,600 +14.6%
        2002$1,330 -50.7%$99,100
        2001$2,699 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Lyndale

        Getting around

        80 / 100
        Very Walkable
        50 / 100
        Good Transit
        89 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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