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14-Unit Apartment Brownstone
For Sale
$1,499,900

3322 Blaisdell Ave, Minneapolis, MN 55408

Professionally managed 14-unit brownstone with updated studios and one-bedrooms and 15 off-street parking spaces.

Days on Market20

Property Features for 3322 Blaisdell Ave

General Information

Standard status Active
Total Parking Spaces 15

Additional Details

Multifamily Units 14

Building Details

Construction brownstone
Listing Agency: Metro Group Real Estate
Listed By: Jerry Lindeen
Source: Exprealty
Added: Jul 13 Changed: Jul 26 Last Checked: Jul 31 at 5:42PM

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 Metro Group Real Estate

Investment Insights

Based on property information with market context.

This very clean, professionally managed 14-unit apartment brownstone features 6 one-bedroom units and 8 studio apartments. Units are described as spacious and updated, with character throughout the building. Recent improvements include a newer roof, a newer boiler, common area updates, and updated apartment units.

The property is located in the Lyndale neighborhood with a walk score of 83, with shopping, dining, nightlife, and entertainment within blocks. The remarks also note it is near “Eat-Street.”

Off-street parking includes 15 spaces, with an extra PID behind the building per the provided information. The seller notes the buyer may be able to assume an existing Freddie Mac mortgage with a 3.46% interest rate, maturing in February 2031.

Key Highlights

  • Professionally managed 14‑unit brownstone with 6 1BR and 8 studios
  • Updated unit interiors with spacious studios and one‑bedroom apartments
  • Newer roof and boiler plus common area updates

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Locksmith Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units

Location Intelligence

Trade Area within ½ mile

2,386
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Professionally managed 14-unit brownstone with updated studios and one-bedrooms and 15 off-street parking spaces.
Where is this apartment building located?
The property is located at 3322 Blaisdell Ave Minneapolis, MN.
What is the asking price?
The asking price for this property is $1,499,900.
What are key features of this property?
This property features: Professionally managed 14‑unit brownstone with 6 1BR and 8 studios; Updated unit interiors with spacious studios and one‑bedroom apartments; Newer roof and boiler plus common area updates
More about this property
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