3310 Chicago Avenue, Minneapolis, MN 55407

$369,700
7
BD
3
BA
3,175
SqFt

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List Price
$369,700
MLS#
7162268
Status
ACTIVE
Type
Multifamily
Style
(MF) Triplex
Bedrooms
7
Bathrooms
3
Living Area
3,175
Acres
4059
Subdivision
D W Ellis Add
Neighborhood
11
Year Built
1889

Property Description

Exceptional investment opportunity! This versatile Minneapolis triplex features 7 bedrooms, 3 bathrooms, and an active short-term rental operation fully licensed by the City of Minneapolis. With projected annual rental income of $48,000 through a combination of short-term and long-term tenants, this property offers flexibility and income potential for investors. Highlights include 7 off-street parking spaces on a concrete driveway, coin-operated basement laundry, a roof approximately 5 years old, and updated HVAC and air conditioning approximately 3 years ago. An additional basement bedroom offers future potential, subject to egress and applicable requirements. Whether you're expanding your portfolio or exploring multiple rental strategies, this property presents an exciting opportunity to invest in Minneapolis real estate!

Additional Information

School District
Minneapolis
Tax Year
2026
Fencing
Chain Link
Fuel
Natural Gas
Sewer
City Sewer/Connected
Roof
Age 8 Years or Less, Asphalt
Heating
Forced Air
Water
City Water/Connected
Basement
Partially Finished
Parking
Concrete, Paved Lot

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Listing courtesy of LPT Realty, LLC.

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