22-Home Apartment
For Sale
Contact for pricing
4242 3rd St NE, Minneapolis, MN 55421
Two-property residential community with mostly two- and three-bedroom homes and off-street parking.
Property SizeContact for details
Days on Market139
Property Features for 4242 3rd St NE
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Highway Access
Yes
Multifamily Units
22
Building Details
Year Built
1963
Units
22
Listing Agency:
Michel Commercial Real Estate International
Listed By:
Phil Reesnes · License #MN
Source:
Crexi
Added: Apr 17
Changed: Aug 31
Last Checked: Aug 31 at 12:52PM
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 Michel Commercial Real Estate International
Investment Insights
Based on property information with market context.
This apartment portfolio comprises 22 homes across two properties in a primarily residential portion of Columbia Heights. Built in 1963, the community includes mostly two-bedroom homes along with a smaller number of three-bedroom homes, each offering functional layouts and off-street parking.
The properties are near the Minneapolis border, with shopping and additional retail and dining available along Central Avenue. Nearby outdoor and educational resources include Hi-View Park, Columbia Park, North Mississippi Regional Park, Columbia Academy, and Columbia Heights Senior High School. Interstate 694 and Highway 65 provide regional connections to downtown Minneapolis and the greater Twin Cities.
The properties are near the Minneapolis border, with shopping and additional retail and dining available along Central Avenue. Nearby outdoor and educational resources include Hi-View Park, Columbia Park, North Mississippi Regional Park, Columbia Academy, and Columbia Heights Senior High School. Interstate 694 and Highway 65 provide regional connections to downtown Minneapolis and the greater Twin Cities.
Key Highlights
- 22‑home apartment community spanning two properties
- Mostly two‑bedroom homes with a smaller number of three‑bedroom homes
- Off‑street parking included
Property Analytics
Current Use
Lease Details
22
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
288
Businesses Nearby
Explore this area
Business Placement
Demographics for 55421, MN
30,580
Population
13,247
Households
2.3
Avg Household Size
37
Median Age
34%
College-Educated
90%
High-School Grad
6.3 sq mi
ZIP Area
4,854
Density / Sq Mi
$75,141
Median Household Income
$44,242
Median Earnings
$1,281
Median Rent
$260,500
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 - Two-property residential community with mostly two- and three-bedroom homes and off-street parking.
Where is this apartment building located?
The property is located at 4242 3rd St NE Minneapolis, MN.
What are key features of this property?
This property features: 22‑home apartment community spanning two properties; Mostly two‑bedroom homes with a smaller number of three‑bedroom homes; Off‑street parking included
