Property Description
Outstanding owner-occupant/investment opportunity less than a block from Powderhorn Park! This triplex offers over 3,500 finished sq. ft. above grade with a 4BR/1BA main-floor unit, 3BR/1BA second-floor unit, and 2BR/1BA third-floor unit.The main-floor unit is rented for $2,275 with the same tenant for over 5 years. The vacant second-floor unit was rented through June for $2,090 and has just been renovated with new kitchen cabinets, countertops and appliances, fresh paint throughout, while preserving beautiful original built-ins and carved woodwork. The third-floor unit was renovated in 2026 and is leased at $1,250/month through 3/31/27. Additional highlights include high ceilings, a 2024 roof, 200 Amp Service, two newer porches, triple corner lot, fenced flat backyard, 2-car garage, and off-street parking for at least 3 additional vehicles. The 1,400+ sq. ft. freshly painted unfinished basement offers substantial storage and future value-add potential. Walk to Powderhorn Park, Mercado Central, restaurants and transit; less than a mile to Abbott Northwestern Hospital and convenient to Downtown, the U of M and Minneapolis Institute of Art.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Partially Finished, Shared Access, Storage Space
Garage: 2
Heating: Boiler, Radiator
Lot Size: 0.26 Acres
Roof Type: Age 8 Years or Less
Taxes: $8,115
Year Built: 1904
Feature Descriptions
Days on Site: 6
Exterior: Frame
Foundation Size: 1485
Lot: Corner Lot
Lot Dimensions: 90x127
Owners Expense: Electricity, Gas, Trash Collection, Water
Parcel#: 0202824130113
Parking: Detached Garage, Driveway - Other Surface
Sewer: City Sewer - In Street
Tenant Expenses: Gas, Heat
Units: 3
Water: City Water - In Street
Local Schools
School District: Minneapolis
Listed By / Shown By
Listed By
Agency Name: Karina Realty
Agency Phone: 763-577-9469
Shown By
Agent Name: Rick Theisen
Agent Phone: (612) 554-1862
Agency Title: Counselor Realty
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Estimated Payment
$ 3,651.72 per month $2,820.88 Principal & Interest $676.25 Property Tax $154.58 Homeowner's InsuranceChange Payment Information
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3154 15th Avenue S | MLS# 7151057
This multi-family property located at 3154 15th Avenue S, Minneapolis, MN 55407 is currently listed for sale with an asking price of $530,000. 15th Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on rtheisen.counselorrealty.com today.