3336 3rd Avenue S, Minneapolis, MN 55408
MULTI_FAMILY - Minneapolis, MN
- Added:
- Feb 19, 2026
- Days on Market:
- 131
- Last Refresh:
- Jun 30 at 12:06 am
Property Features for 3336 3rd Avenue S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 9
- Bathrooms
- 6
- Rooms
- Bathroom 5, Bedroom 8, Bathroom 6, Bedroom 4, Bedroom 6, Bathroom 3, Bedroom 5, Bathroom 2, Bedroom 2, Bedroom 3, Basement, Bathroom 1, Bedroom 1, Bedroom 7, Bathroom 4, Bedroom 9
- Parking features
- Garage - Detached
- Exterior features
- Vinyl
- Standard status
- Active
- APN
- 0302824130130
- Size
- 3,772 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 13691
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 2024
- Building materials
- Concrete, Insulating Concrete Forms
- Roof type
- Shingle
Listing agent Shirzad Raimi (952) 898-5760
Listing office RES Realty 12280 Nicollet Ave., Suite 103, Burnsville, MN (952) 898-5760
Listing date Feb 19, 2026
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.
HighLights
- 2024 new construction triplex with 3 total units
- Each unit features 3 bedrooms and 2 full bathrooms
- Detached 3‑car garage provides parking for the property
- Concrete and insulating concrete forms construction, with vinyl exterior
- Forced‑air heating system
- Shingle roof
Overview
Located at 3336 3rd Avenue S in Minneapolis, Minnesota (55408), the property sits on a lot measuring 0.1322 acres. As a multi-unit residential income asset, it is configured to operate as a three-unit building under one ownership.
The layout and unit count make this property a practical fit for an owner-occupant who wants to live in one unit while renting the other two, or for an investor seeking a purpose-built, three-unit residential structure. With each unit offering the same 3-bedroom, 2-bath configuration and on-site parking via the detached 3-car garage, the building can support consistent tenant preferences and straightforward day-to-day property management.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $83.7k | $22.20 |
| − Vacancy | −$5.0k | −$1.33 |
| EGI | $78.7k | $20.87 |
| − OpEx | −$23.6k | −$6.26 |
| NOI | $55.1k | $14.61 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Minneapolis
- County
- Anoka
- State
- Minnesota
- Longitude
- -93.273168
- Latitude
- 44.941904
