Six-Unit Mixed-Use
New
For Sale
$410,900
3116 Emerson Avenue N, Minneapolis, MN 55411
Commercial Sale, Minneapolis, MN
Property SizeContact for details
Lot Size0.15 Acres
Days on Market3
Property Features for 3116 Emerson Avenue N
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business/Commercial, Residential-Multi-Family
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 3
Parking features
Parking Lot
Exterior features
Brick/Stone
Subdivision
Silver Lake Add
High school district
Minneapolis
Directions
Lowry to Emerson Ave N
Standard status
Active
APN
0902924420025
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
7385
Utilities
Heating system
Oil
Building Details
Year built
1907
Listing Agency:
Keller Williams Premier Realty · Keller Williams Realty
(651) 379-5252
Listed By:
William Schultz
(651) 216-6814
Added: Sep 13
Changed: Sep 15
Last Checked: Sep 15 at 2:06AM
MLS# 7143580
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1907, this mixed-use property contains four residential apartments and two commercial spaces across six units. All units are currently occupied, creating a diversified configuration with both residential and commercial tenancy. The building features brick/stone exterior construction, oil heating, and a parking lot with 10 off-street stalls.
The property occupies 0.15 acres at the corner of Lowry Ave N and Emerson Ave N in Minneapolis. Its address is 3116 Emerson Avenue N, Minneapolis, MN 55411. The combination of apartments, commercial areas, and on-site parking provides a compact mixed-use layout with separate residential and business components.
The property occupies 0.15 acres at the corner of Lowry Ave N and Emerson Ave N in Minneapolis. Its address is 3116 Emerson Avenue N, Minneapolis, MN 55411. The combination of apartments, commercial areas, and on-site parking provides a compact mixed-use layout with separate residential and business components.
Key Highlights
- Six‑unit configuration with four residential apartments and two commercial spaces
- All six units are currently occupied
- 10 off‑street parking stalls serve the property
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
432
Businesses Nearby
Explore this area
Business Placement
Demographics for 55411, MN
31,214
Population
10,967
Households
2.8
Avg Household Size
28
Median Age
23%
College-Educated
81%
High-School Grad
4.0 sq mi
ZIP Area
7,804
Density / Sq Mi
$53,368
Median Household Income
$35,952
Median Earnings
$1,220
Median Rent
$233,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully occupied property combining residential apartments, commercial space, and off-street parking.
Where is this mixed-use property located?
The property is located at 3116 Emerson Avenue N Minneapolis, MN.
What is the asking price?
The asking price for this property is $410,900.
What are key features of this property?
This property features: Six‑unit configuration with four residential apartments and two commercial spaces; All six units are currently occupied; 10 off‑street parking stalls serve the property
