5-Unit Up-Down Apartment
For Sale
$550,000
3343 15TH Avenue S, Minneapolis, MN 55407
Residents benefit from hardwood flooring, high ceilings, and natural light in the apartments.
Property SizeContact for details
Days on Market177
Property Features for 3343 15TH Avenue S
General Information
Standard status
Active
Property subtype
Commercial
Lease Term
[]
Additional Details
Asking Price
$580,000
Multifamily Units
5
Building Details
Year Built
1905
Listing Agency:
Matthews Real Estate Investment Solutions
Listed By:
Kurt Sauer · License #40841921
(612) 385-0688
Source:
C21atwood
Added: Apr 26
Changed: Oct 11
Last Checked: Oct 19 at 10:06AM
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 Matthews Real Estate Investment Solutions
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Investment Insights
Based on property information with market context.
This five-unit apartment property has an up-down configuration and dates to 1905. Interior features include hardwood floors, high ceilings, and generous natural light. The building has received ongoing attention from ownership and professional management, with a record of consistent occupancy. Its pro forma cap rate is 8.6%.
At 3343 15th Avenue South in Minneapolis, the property sits directly across from Powderhorn Park and the Powderhorn Park Recreation Center. A public pool and an adjacent parking lot are also identified among the nearby park amenities.
At 3343 15th Avenue South in Minneapolis, the property sits directly across from Powderhorn Park and the Powderhorn Park Recreation Center. A public pool and an adjacent parking lot are also identified among the nearby park amenities.
Key Highlights
- Five apartments in an up‑down building
- Built in 1905
- Apartments feature hardwood floors, high ceilings, and natural light
Property Analytics
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Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
1,670
Businesses Nearby
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Business Placement
Demographics for 55407, MN
38,506
Population
15,979
Households
2.4
Avg Household Size
34
Median Age
48%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
9,627
Density / Sq Mi
$78,206
Median Household Income
$46,388
Median Earnings
$1,219
Median Rent
$317,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Residents benefit from hardwood flooring, high ceilings, and natural light in the apartments.
Where is this apartment building located?
The property is located at 3343 15TH Avenue S Minneapolis, MN.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Five apartments in an up‑down building; Built in 1905; Apartments feature hardwood floors, high ceilings, and natural light
