3948 Oakland AVE, Minneapolis, MN 55407
$640,000
Est. payment /mo
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5,227 Sqft Lot
Active

3948 Oakland AVE Minneapolis, MN 55407

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Abbotts & Sundbys Add

MLS Listing ID 6826530

Year Built 1920

Annual Tax Amount $2,310

Tax Year 2025

Contingent None

Lot Size 5,227 Sqft

Lot Dimensions 43 x 118 x 43 x 118

Property Description

3948 Oakland Avenue is a 5-unit multifamily investment opportunity located in the Bryant neighborhood of South Minneapolis. The property is comprised of three two-bedroom units, one three-bedroom unit, & one four-bedroom unit.

A new boiler was installed in 2019, and the building has 100-amp electrical service. The building is currently enrolled in the Minneapolis 4D program, providing a significant reduction in annual property tax expense. There are four single stall garages included at the property. All current tenants are on month-to-month leases.

The property is well located for easy access to I-35W, as well as for access to numerous additional South Minneapolis area amenities.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Interior

Heating Boiler

Inclusions Building

Fireplace No

Exterior

Parking Features Detached Garage

Garage Spaces 4.0

Utilities Available Electric Separate

Present Use Residential

Building

Foundation 5074

Sewer City Sewer/Connected

Water City Water/Connected

New Construction false

Schools

School District Minneapolis


Listed by David Dirkers • MRG Realty Partners, LLC
Nearby Locations
Jeremy Moore

"Buying a home is one of the biggest decisions you’ll make. You deserve to be in the driver’s seat with someone in your corner who tells it to you straight. My job is to make the process clear, cut through the noise, and make sure you understand the full picture every step of the way. "

+1(651) 895-9324

hello@jeremymoore.homes

Sleepy Eye, MN 56085, USA

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3948 Oakland AVE