Five-Unit Multifamily
3948 Oakland Ave Minneapolis, MN 55407
For Sale
$640,000
Five-unit multifamily building with a 2019 boiler and four single-stall garages.
Days on Market203
Property Features for 3948 Oakland Ave
General Information
- Standard status
- Active
Listing Agency:
MRG Realty Partners, LLC
(619) 756-5718
Listed By:
David B Dirkers · License #40585691
(619) 756-5718
Source:
Exprealty
Added: Jan 2
Changed: Jul 21
Last Checked: Jul 23 at 9:55AM
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 MRG Realty Partners, LLC
Investment Insights
Based on property information with market context.
3948 Oakland Avenue is a five-unit multifamily property with three two-bedroom units, one three-bedroom unit, and one four-bedroom unit. The building includes a new boiler installed in 2019 and has 100-amp electrical service. Four single-stall garages are included with the property. Current tenants are on month-to-month leases.
The property is located in the Bryant neighborhood of South Minneapolis and offers convenient access to I-35W and additional South Minneapolis area amenities.
The building is enrolled in the Minneapolis 4D program, which provides a reduction in annual property tax expense.
The property is located in the Bryant neighborhood of South Minneapolis and offers convenient access to I-35W and additional South Minneapolis area amenities.
The building is enrolled in the Minneapolis 4D program, which provides a reduction in annual property tax expense.
Key Highlights
- 5‑unit multifamily on Oakland Avenue: three 2‑bedroom units, one 3‑bedroom unit, and one 4‑bedroom unit
- New boiler installed in 2019
- 100‑amp electrical service
Property Analytics
Location Intelligence
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Apartment buildings
FAQs
What type of property is this?
Apartment building - Five-unit multifamily building with a 2019 boiler and four single-stall garages.
Where is this apartment building located?
The property is located at 3948 Oakland Ave Minneapolis, MN.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: 5‑unit multifamily on Oakland Avenue: three 2‑bedroom units, one 3‑bedroom unit, and one 4‑bedroom unit; New boiler installed in 2019; 100‑amp electrical service