5-Unit Apartment
3407 Lyndale Avenue S, Minneapolis, MN 55408
For Sale
$899,000
Commercial Sale, Minneapolis, MN
Property SizeContact for details
Lot Size0.13 Acres
Days on Market269
Property Features for 3407 Lyndale Avenue S
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Appliances
Subdivision
Lot features
High school district
Directions
Standard status
APN
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Amenities
shared laundry
basement storage lockers
Building Details
Year built
Roof type
Buildings
Listing Agency:
RE/MAX Results · RE/MAX International
(952) 848-2400
Listed By:
Ryan Fischer
(952) 829-2900
Added: Feb 17
Changed: Oct 29
Last Checked: Nov 12 at 7:06AM
MLS# 7023006
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.
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Investment Insights
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Built in 1925, this five-unit apartment property contains four two-bedroom, one-bath apartments and one three-bedroom, two-bath apartment. Renovations include refreshed kitchens with new cabinetry, appliances, and countertops, along with updated bathrooms, refinished floors, paint, and select windows and doors. Plumbing and electrical systems were also upgraded. Laundry is available in-unit or on-site, and basement storage lockers serve tenants.
The 0.13-acre property includes a detached two-car garage and additional off-street parking. All five apartments are currently leased.
The 0.13-acre property includes a detached two-car garage and additional off-street parking. All five apartments are currently leased.
Key Highlights
- Five apartments: four two‑bedroom, one‑bath units and one three‑bedroom, two‑bath unit
- All five units are leased
- 0.13‑acre property with a detached two‑car garage and additional off‑street parking
Property Analytics
Who owns this building?
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Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,031
Businesses Nearby
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Business Placement
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
$387,500
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Minneapolis, MN
Properties on Market for Apartment buildings in Minneapolis
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - All residences are leased, with updated kitchens, bathrooms, and building systems.
Where is this apartment building located?
The property is located at 3407 Lyndale Avenue S Minneapolis, MN.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Five apartments: four two‑bedroom, one‑bath units and one three‑bedroom, two‑bath unit; All five units are leased; 0.13‑acre property with a detached two‑car garage and additional off‑street parking
