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$474,900 Coming Soon

  • For Sale
  • Coming Soon
  • Multi-Family
  • 2 Units
  • 7 Total Beds
  • 2 Car Garage
  • Updated 1 hour ago
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Rare investment opportunity to acquire a historic up-and-down duplex in South Minneapolis with strong income and future upside. This multi-family property offers a total of 6 bedrooms, 3 bathrooms, a two car garage, and adjacent vacant lot of approximately 0.9 acres, providing potential for additional value through outdoor amenities or possible future development (buyer to verify zoning and use) Both units feature tall ceilings, updated kitchens, windows and solid long-term rental appeal. Full unfinished basement provides ample storage and operational utility. Strong structure and desirable unit layout. Ideal for investors seeking steady cash flow or owner occupants looking to offset housing cost. Both units are currently rented on a month-to-month basis, allowing flexibility for rent optimization or repositioning.

Full Property Details for 3036 15th Ave S

General

  • Price: $474,900
  • Taxes: $7,747 (2025)
  • Status: Coming Soon
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7009578
  • Updated: Today (1/16/2026)
  • Added to Site: Today
  • Expected Market Date: 2/6/2026

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 7

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Detached Garage, Gravel, Concrete

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Williams Addition
  • Neighborhood: 64
  • Driving Directions: Lake St. to 15th Ave. South to home

School Information

  • School District: 558 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

  • Heating Type: Boiler, Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Basement: Yes
  • Basement Desc.: Full, Unfinished
  • Foundation Size: 1281
  • Roof: Age 8 Years or Less, Asphalt
  • Disability Access: None
  • Square Feet: 2,844
  • Above Ground: 2,844 Sq. Ft.
  • Below Ground: 1,281 Sq. Ft.
  • Year Built: 1900

Unit Information

  • Units w/Refrigerators: 2

Lot Features

  • Lot Size (Acres): 0.13
  • Lot Dimensions: 45 x 127
  • Frontage: City Street
  • Zoning: Residential-Multi-Family, Residential-Single Family
  • Lot Description: Public Transit (w/in 6 blks), Medium Tree Coverage

Financial Considerations

  • Operating Expenses: $10,000
  • Tax Amount: $7,747
  • Tax Year: 2025
  • Terms: Adj. Rate/Gr Payment, Conventional, FHA, Cash
  • Tenant Pays: Insurance, Lawn Care, Maintenance, Taxes, Trash Collection
  • Pays Trash: Tenant Pays

Disclosures and Reports

  • Legal Description: LOT 003 BLOCK 003 WILLIAMS ADDN TO MPLS LOT 3 AND THAT PART OF LOT 4 LYING N OF A LINE RUNNING FROM A PT ON E LINE OF SAID LOT 4 DIS 15 FT S FROM NE COR THOF TO A PT ON W LINE OF SAID LOT 4 DIS 15 FT
  • Property ID: 202824120272

Listed by RE/MAX Advantage Plus

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— 3036 15th Ave S —

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Schools serving 3036 15th Ave S

School District:Minneapolis Public School District
NameGradesDistance
Andersen Community
1098 Andersen Lane, Minneapolis, MN 55407
6-80.5 mi
Bancroft Elementary School
3829 13th Avenue South, Minneapolis, MN 55407
PK-51 mi
South Senior High School
3131 19th Avenue South, Minneapolis, MN 55407
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3036 15th Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/16/2026
Listed
$474,900
81.26%
MLS
12/23/2015
Sold
$262,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3036 15th Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,747
9%
$410,000
-4%
2023
$7,139
3%
$429,000
12%
2023
$6,904
—
$382,000
3%
2023
$6,904
23%
$370,000
17%
2020
$5,604
7%
$317,000
10%
2019
$5,227
14%
$288,000
15%
2018
$4,593
3%
$250,500
5%
2017
$4,461
30%
$238,000
12%
2016
$3,422
12%
$212,915
18%
2015
$3,054
10%
$180,215
19%
2014
$2,771
6%
$151,875
6%
2013
$2,616
—
$142,610
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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3036 15th Avenue S, Minneapolis, MN 55407 (MLS# 7009578) is a Multi-Family property with 2 units containing 7 bedrooms and 0 full bathrooms. 3036 15th Avenue S is currently listed for $474,900 and was received on January 16, 2026. Want to learn more about 3036 15th Avenue S? Do you have questions about finding other Multi-Family real estate for sale in Powderhorn? You can browse all Powderhorn real estate or contact a Coldwell Banker agent to request more information.

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