Renovated Six-Unit Apartment
For Sale
$750,000
3606 E 34th Street, Minneapolis, MN 55406
Six-unit, all-brick, three-story building with five one-bedrooms and one studio, renovated kitchens and baths, and coin laundry.
Property SizeContact for details
Days on Market280
Property Features for 3606 E 34th Street
General Information
Standard status
Active
Property subtype
General Commercial
Taxes and HOA fees
Annual Taxes
$21,058
Amenities
Window Air Conditioning
3
Parking.
Asphalt, Open Parking, Unassigned.
Building Details
Year Built
1963
Listing Agency:
Apartment Cash Flow Inc.
(952) 847-3406
Listed By:
Compass · License ##40329256
(952) 847-3406
Source:
Xome
Added: Nov 16, 2025
Changed: Aug 23
Last Checked: Jul 24 at 10:07AM
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 Apartment Cash Flow Inc.
Investment Insights
Based on property information with market context.
This six-unit, three-story all-brick apartment building has been recently renovated, with all new kitchens and bathrooms. The unit mix includes five one-bedroom units and one studio, and each unit has one full bathroom. The property is described as turn-key and is 100% fully rented, supported by on-site coin-operated laundry and a newer water heater and high-efficiency boiler.
The building sits on 0.13+ acres and includes an off-street parking lot. The reported stabilized in-place performance includes a cap rate of 8.63% and a gross rent multiplier of 7.94.
Rent roll information provided includes average one-bedroom rents of $1,296 and studio rent of $1,195.
The building sits on 0.13+ acres and includes an off-street parking lot. The reported stabilized in-place performance includes a cap rate of 8.63% and a gross rent multiplier of 7.94.
Rent roll information provided includes average one-bedroom rents of $1,296 and studio rent of $1,195.
Key Highlights
- Six‑unit, all‑brick, three‑story building built in 1963
- Unit mix: five 1‑bedroom units and one studio, each with one full bathroom
- Recently renovated with all new kitchens and bathrooms
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
920
Businesses Nearby
Explore this area
Business Placement
Demographics for 55406, MN
34,588
Population
17,439
Households
2
Avg Household Size
39
Median Age
56%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
6,918
Density / Sq Mi
$91,865
Median Household Income
$56,291
Median Earnings
$1,276
Median Rent
$335,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit, all-brick, three-story building with five one-bedrooms and one studio, renovated kitchens and baths, and coin laundry.
Where is this apartment building located?
The property is located at 3606 E 34th Street 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: Six‑unit, all‑brick, three‑story building built in 1963; Unit mix: five 1‑bedroom units and one studio, each with one full bathroom; Recently renovated with all new kitchens and bathrooms
