3408 Stevens Avenue Minneapolis, MN 55408

Building Details

Year Built

1923

Listing agency MRG Realty Partners, LLC Show Phone

Listed by David B Dirkers · License #40585691 Show Phone

Source Juverealestate

Added: Jan 1 Updated: Jul 20 at 7:25PM Checked: Jul 22 at 6:58AM

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Investment Insights

Based on property information with market context.

This six-unit multifamily property consists of four two-bedroom units and two one-bedroom units. Recent improvements include a new high-efficiency boiler and two new water heaters installed in 2024, with window replacements completed in 2019.

Off-street parking is available in the back of the building with one space for each unit. The building is enrolled in Minneapolis’ 4D program, and all current tenants are on month-to-month leases.

The property is positioned for convenient access to I-35W and local neighborhood amenities in the Lyndale area toward Lyndale Avenue and beyond.

Key Highlights

• 6‑unit multifamily building built in 1923 in the Lyndale neighborhood of South Minneapolis
• Unit mix: four 2‑bedroom units and two 1‑bedroom units
• 2024 upgrades include a new high‑efficiency boiler and two new water heaters

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FAQs

What type of property is this?

Apartment building - Six residential units offer off-street parking and recent building mechanical upgrades, with tenants on month-to-month leases.

Where is this apartment building located?

The property is located at 3408 Stevens Avenue Minneapolis, MN.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: 6‑unit multifamily building built in 1923 in the Lyndale neighborhood of South Minneapolis; Unit mix: four 2‑bedroom units and two 1‑bedroom units; 2024 upgrades include a new high‑efficiency boiler and two new water heaters