Minneapolis Multifamily Investment
For Sale
Contact for pricing
3146 Minnehaha Ave, Minneapolis, MN 55406
17-unit apartment building with income and tax savings potential.
Property SizeContact for details
Days on Market171
Property Features for 3146 Minnehaha Ave
General Information
Standard status
Active
Class
C
Total Parking Spaces
15
Property subtype
Multifamily
Occupancy
100%
Building Details
Year Built
1961
Year Renovated
2013
Buildings
1
Stories
3
Units
17
Listing Agency:
MRG Realty Partners
(651) 900-4386
Listed By:
Doug McNicoll · License #40492260
Source:
Crexi
Added: Mar 4
Changed: Aug 8
Last Checked: Aug 22 at 8:33AM
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
Investment Insights
Based on property information with market context.
The Moline Apartments is a 17-unit multifamily property consisting of one-bedroom units. The building is enrolled in the Minneapolis 4D Program, which provides property tax savings. The property utilizes RUBS, allowing ownership to recapture utility expenses. The property offers stable in-place income and the potential to increase rents through updates and operational improvements.
Key Highlights
- 17‑unit multifamily property offers immediate scale.
- Enrolled in Minneapolis 4D Program, providing property tax savings.
- Fully utilizes RUBS, allowing for utility expense recapture.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,046
Businesses Nearby
Explore this area
Business Placement
Demographics for 55406, MN
34,588
Population
17,439
Households
2
Avg Household Size
39
Median Age
56%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
6,918
Density / Sq Mi
$91,865
Median Household Income
$56,291
Median Earnings
$1,276
Median Rent
$335,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 17-unit apartment building with income and tax savings potential.
Where is this apartment building located?
The property is located at 3146 Minnehaha Ave Minneapolis, MN.
What is the asking price?
The asking price for this property is $1,530,000.
What are key features of this property?
This property features: 17‑unit multifamily property offers immediate scale.; Enrolled in Minneapolis 4D Program, providing property tax savings.; Fully utilizes RUBS, allowing for utility expense recapture.
