Listing Courtesy of LPT Realty, LLC,

3001 3rd Street, Minneapolis, Minnesota, 55411

Turn-key 8-unit apartment building offering a cash-flowing investment at affordable rent levels. The property includes six 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. Units have been recently renovated, including new kitchens, countertops, flooring, and fixtures. Rents are set below 50% of the area median income (AMI), and the building is enrolled in the Minneapolis 4d Affordable Housing Program, providing approximately 40% in annual property tax savings. Additional improvements include upgraded mechanical systems, commercial-grade security and access controls, and a newly paved parking lot with off-street parking and on-site laundry. The building is fully stabilized; however, Unit #3 has been intentionally left vacant to accommodate showings.

Active

$974,900

Condo/ Townhome/ Apartment

MLS

6739152

Built in 1963

Morrisons Add To North

7682 (2025)

Disclaimer: The information contained in this listing has not been verified by LPT Realty, LLC and should be verified by the buyer.

Information provided by NorthstarMLS

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ADDRESS & DIRECTIONS

  • Street Address: 3001 3rd Street
  • City: Minneapolis
  • State: Minnesota
  • County: Hennepin
  • Subdivision: Morrisons Add To North
  • Directions:
    94 north to N 26th Ave, North on N 3rd St, property will be on your left

PROPERTY FEATURES

SCHOOLS NEAR 3001 3rd Street

  • Courtesy of LPT Realty, LLC,
  • Property last updated on NorthstarMLS : 7/12/2025 4:14:21 AM