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2621 3rd Ave S Minneapolis, MN 55408

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For Sale
$1,100,000

Six large three-bedroom units in South Minneapolis with upside potential.

Type:Multifamily
Added:
Mar 3, 2026
Days on Market:
29
Last Refresh:
Mar 16 at 2:14 pm

Property Features for 2621 3rd Ave S

General Information

Standard status
Active
Property subtype
Multifamily

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Listing Contact
Doug McNicoll

Listing agent Doug McNicoll License #40492260

Listing office MRG Realty Partners

Listing date Mar 3, 2026

Source Crexi

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

All listing content including descriptions, pricing, images are the copyrighted material of MRG Realty Partners


Overview

Spacious Minneapolis Multifamily Investment Property

The property at 2621 3rd Ave S, Minneapolis, MN 55408 is a six-unit multifamily building. Each unit features a three-bedroom layout with approximately 1,200 square feet of living space. The property includes basement storage for tenants, an on-site laundry room, and off-street parking in the rear, complemented by ample street parking. Located in South Minneapolis, the property provides convenient access to Downtown, transit options, and neighborhood amenities. There is an opportunity to implement RUBS and recapture utility expenses.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

Location Insight

  • Map
  • Local Demand
City
Minneapolis
County
Anoka
State
Minnesota
Longitude
-93.2724096
Latitude
44.9546627

FAQs

What type of property is this?
Apartment building - Six large three-bedroom units in South Minneapolis with upside potential.
Where is this apartment building located?
The property is located at 2621 3rd Ave S Minneapolis, MN.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Large three‑bedroom units (approximately 1,200 sq ft) in high demand.; Solid fundamentals with no major capital expenditure items needed.; Opportunity to implement RUBS and recapture utility expenses.
More about this property
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