3334 Blaisdell Avenue,Minneapolis, MN 55408
Minneapolis, MN 55408
Description
12-unit apartment building in Minneapolis offering a compelling value-add opportunity for the savvy investor. Unit mix consists of 11 one-bedroom units and 1 studio, providing broad rental appeal in a market with consistently strong demand for affordable, right-sized units. Building amenities include on-site laundry and a detached 10-stall garage a highly marketable feature that commands premium rents and drives tenant retention. Current rents offer meaningful upside through unit updates and lease-up to market rate. Solid bones, strong location, and room to grow NOI make this an ideal addition to any portfolio.
Details
| MLS # | 7091641 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 9 |
| Listing Provided By | Bridge Realty, LLC | Blake Ondercin |
Features
| Bed(s) | 11 |
|---|---|
| Bath(s) | 12 |
| SQ Feet | 7,644 |
| Garage | 10 |
| Basement | Y |
| Story(s) | 2 |
| Units | 12 |
| Zoning | Business/Commercial |
| Acreage | 0.21 |
Interior
| Cooling | Window Unit(s) |
|---|---|
| Heating | Radiator |
| Appliances | Range, Refrigerator |
Exterior
| Roof | Age 8 Years or Less, Tar/Gravel |
|---|---|
| Construction Materials | Brick, Concrete |
Parking
| Parking Features | Assigned, Detached Garage, Gravel |
|---|
Utilities
| Utilities | Electric Separate, Heating Common, Hot Water Common |
|---|
Taxes
| Property | 18601 |
|---|
Area Information
| State | MN |
|---|---|
| County | Hennepin |
| City | Minneapolis |
| Zip Code | 55408 |
| Area | 48 |
| Community Name | Sundquist Add |
| School District | 1 |
| High School | Minneapolis |
| Listing VS Median (in Sundquist Add) | |
Price: $1,350,000 low | high Med: $1,350,000 sqft: 7,644 low | high Med: 7,644 $ / sqft: $177 low | high Med: $177 On site: 9 low | high Med: 9 | |
Market Activity 55408
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
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Learn More About This Property
| State | MN |
|---|---|
| County | Hennepin |
| City | Minneapolis |
| Zip Code | 55408 |
| Area | 48 |
| Community Name | Sundquist Add |
| School District | 1 |
| High School | Minneapolis |
| Listing VS Median (in Sundquist Add) | |
Price: $1,350,000 low | high Med: $1,350,000 sqft: 7,644 low | high Med: 7,644 $ / sqft: $177 low | high Med: $177 On site: 9 low | high Med: 9 | |
