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7 Beds
4 Baths
3,444 sqft

$625,000

3831 Grand Avenue S, Minneapolis MN, 55409

Price per sqft$181.48
Built in1915
Property size3,444 sqft
Property typeMulti-family
Courtesy of Keller Williams Premier Realty Lake Minnetonka, Isaac Nagel Listing Contact:

Overview

Active

Listed Oct 9, 2026

Updated 6h ago

Classic 1915 fourplex, fully rented, with a great opportunity to add a 5th unit! The basement already has a kitchen and a bathroom in place and just needs to be finished to create a 2-bedroom fifth unit. The building has three 2-bedroom units and one 1-bedroom unit. All four are currently rented: one unit is on a lease and three are month-to-month, which gives a new owner flexibility on rents and occupancy. Each unit has front and back entries, a living/dining room, a full bath, and a range and refrigerator. Period character runs throughout, with hardwood floors, natural woodwork, paneled doors, and historic millwork. The upper units have skylights and ceiling fans. There are very large front porches on both levels. Tenants pay their own electric, gas, heat, cable, and phone, and the owner pays trash, snow removal, and taxes. The full basement also has storage lockers for each tenant, a common washer and dryer, and daylight and egress windows. There's off-street parking for four on the concrete driveway. The lot is level, on a city street with sidewalks and streetlights, close to public transit, with fiber internet available. Conventional, FHA, and VA financing are accepted

$4,158/mo

Est. mortgage payment based on a $625,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7138181

Interior Features

Bedrooms
7
Bathrooms
4
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.13 Acres

Other Property Details

Taxes
$10,838
Tax Frequency
Annually
Maintenance Expense
$1
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Listings courtesy of Northstar MLS as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 10:12 AM UTC on 10/10/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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