2541 3rd Avenue S, Minneapolis, MN 55404

$499,900
6
BD
3
BA
3,260
SqFt

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List Price
$499,900
MLS#
7148074
Status
ACTIVE
Type
Multifamily
Style
(MF) Duplex Other
Bedrooms
6
Bathrooms
3
Living Area
3,260
Acres
0.15
Subdivision
Geo Galpins Add
Neighborhood
84
Year Built
1900

Property Description

Fully leased brick duplex in the heart of Whittier, directly across from the Minneapolis Institute of Art and MCAD. Both units are 3 bedrooms and rented through 2027 — $4,240/month in place, with tenants paying their own gas and electric. Solid 1900 masonry construction with the details buyers hunt for: original woodwork, hardwood floors, clawfoot tub, two fireplaces and a wide covered front porch. Updated kitchens with newer cabinets, counters and appliances, plus newer windows. The layout gives each unit far more room than a typical duplex. Unit 1 takes the front of the main level and the entire 2nd floor (3BR/1BA, approx. 2,000 sf). Unit 2 has its own rear entrance, the back of the main level and the entire 3rd floor (3BR/2BA). Boiler heat, full unfinished basement with common laundry and abundant storage, and a 2-car detached garage. 3,260 finished sq ft on a 50x128 lot. Minutes to Eat Street, downtown and I-35W. Potential to add a third unit in the basement — concept sketch available, not city-approved. Buyers to verify all measurements.

Additional Information

School District
Minneapolis
Amenities Shared
Laundry
Tax Year
2026
Fuel
Natural Gas
Sewer
City Sewer/Connected
Heating
Boiler
Water
City Water/Connected
Basement
Storage Space, Unfinished
Garage Spaces
2

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Calculator source: Real Geeks

Listing courtesy of Twin Cities Leasing LLC.

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