SoldMay 14, 2026

Listed by Michael Moe from Keller Williams Classic Rlty NW

Source: Regional MLS of Minnesota #7046327

3232 3rd Ave S, Minneapolis, MN, 55408

$428,265

5
2
2560 sq. ft.
0.14 ac.

Duplex

11 days on the market

Sold: May 14, 2026

What's around 3232 3rd Ave S

About this property

The investment opportunity you’ve been waiting for! This massive duplex in the Central Neighborhood of South Minneapolis offers strong current income with future upside. Key capital improvements already completed, including brand-new boilers for both units, maintenance-free siding, updated windows, and nicely refreshed interiors—ideal for attracting top-market rents while minimizing future repair costs. Owner occupant investors welcomed with lower unit lease ending 5/31! With nearly 2,600 finished sq ft and over 5,600 total sq ft, this property features a large basement and walk-up attic currently used for tenant storage but offering potential for value-added expansion for the next owner. Ideal for both first-time investors or seasoned builders seeking a great addition to their portfolio. Units rented until June of 2026 at $1895 & May of 2026 at $1650. Owner pays for water/sewer/trash, tenants responsible for gas & electric.

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Based on information submitted to the MLS GRID as of 14 May 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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