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    36th Avenue S 3004 Minneapolis, MN 08000

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    For Sale
    $1,500,000

    Value-add multifamily property in Minneapolis, well-maintained by long-term owners.

    Property size:
    20,381 SF
    Lot size:
    0.23 Acres

    Property Features for 36th Avenue S 3004

    General Information

    Size
    20,381 SF
    Lot size
    0.23 Acres

    Source: Coldwell Banker Commercial Realty Agent Craig Weber

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Kept Minneapolis Multifamily Property

    This multifamily property in Minneapolis presents an opportunity for investors. The property has been under the same ownership for 40 years and has been well-maintained. The property size is 20381 square feet. Tours are available with a letter of credit or proof of funds. The property consists of multiple PID's.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.2757038
    Latitude
    45.0847824

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    FAQs

    What type of property is this?
    Multifamily property - Value-add multifamily property in Minneapolis, well-maintained by long-term owners.
    Where is this multifamily property located?
    The property is located at 36th Avenue S 3004 Minneapolis, MN.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Value-Add property: Increase property value through improvements.; - Multiple PID's: Potential for development or separate sales.; - Well-kept condition: Requires minimal immediate investment.
    (612) 968-0839
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    36th Avenue S 3004 Minneapolis, MN 08000
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