Renovated 4-Unit Apartment
New
For Sale
$699,000
3043 Grand Ave S, Minneapolis, MN 55408
Two-story multifamily property with updated one-bedroom apartments, private entries, full kitchens, and furnished move-in-ready interiors.
Property Size2,564 SF
Price / SF$123.43
Days on Market3
Property Features for 3043 Grand Ave S
General Information
Standard status
Active
Size
2,564 SF
Property subtype
Multifamily
Units
Unit Mix
4 x 1BR/1BA
Multifamily Units
4
Additional Details
Furnished
Yes
Public Transit
Yes
Amenities
private entrances
full kitchens
updated bathrooms
living/work areas
ample storage
fiber internet
off-street parking
new window AC units
Building Details
Building Size
2,564 SF
Year Built
1900
Year Renovated
2025
Buildings
1
Stories
2
Listing Agency:
NAI Gateway Commercial
(612) 387-3618
Listed By:
Angie Frandrup Demonte, LEED AP
(612) 387-3618
Source:
Naiglobal
Added: Aug 20
Changed: Aug 21
Last Checked: Aug 21 at 8:06AM
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 NAI Gateway Commercial
Investment Insights
Based on property information with market context.
This two-story quadplex contains four one-bedroom, one-bath apartments within 5,663 SF. Originally built in 1900 and substantially renovated in 2025, the property offers private entrances, full kitchens, updated bathrooms, living/work areas, and storage in each unit. Recent appliance and furniture upgrades support furnished occupancy, while new window AC units, four water heaters, and four air furnaces provide building infrastructure. Fiber internet is also available.
The property is located at 3043 Grand Avenue S in Minneapolis’ South Uptown neighborhood, near the Lyn-Lake district. Restaurants, retail, public transit, and parks are nearby, and the Chain of Lakes is located just over one mile away. The unit configuration supports short-term, mid-term, and long-term rental arrangements.
The property is located at 3043 Grand Avenue S in Minneapolis’ South Uptown neighborhood, near the Lyn-Lake district. Restaurants, retail, public transit, and parks are nearby, and the Chain of Lakes is located just over one mile away. The unit configuration supports short-term, mid-term, and long-term rental arrangements.
Key Highlights
- Four one‑bedroom, one‑bath apartments in a 5,663 SF two‑story building
- Substantially renovated in 2025; originally built in 1900
- Private entrances, full kitchens, updated bathrooms, and living/work areas
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,621
Businesses Nearby
Explore this area
Business Placement
Demographics for 55408, MN
33,718
Population
17,874
Households
1.9
Avg Household Size
30
Median Age
59%
College-Educated
91%
High-School Grad
2.7 sq mi
ZIP Area
12,488
Density / Sq Mi
$72,421
Median Household Income
$49,753
Median Earnings
$1,385
Median Rent
$387,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Two-story multifamily property with updated one-bedroom apartments, private entries, full kitchens, and furnished move-in-ready interiors.
Where is this quadplex located?
The property is located at 3043 Grand Ave S Minneapolis, MN.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Four one‑bedroom, one‑bath apartments in a 5,663 SF two‑story building; Substantially renovated in 2025; originally built in 1900; Private entrances, full kitchens, updated bathrooms, and living/work areas
