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$530,000

  • For Sale
  • Active
  • Triplex
  • 9 Beds
  • 3 Total Baths
  • 3,649 Sq. Ft.
  • 2 Car Garage
  • Updated 8 days ago
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Outstanding owner-occupant/investment opportunity less than a block from Powderhorn Park! This triplex offers over 3,500 finished sq. ft. above grade with a 4BR/1BA main-floor unit, 3BR/1BA second-floor unit, and 2BR/1BA third-floor unit. The main-floor unit is rented for $2,275 with the same tenant for over 5 years. The vacant second-floor unit was rented through June for $2,090 and has just been renovated with new kitchen cabinets, countertops and appliances, fresh paint throughout, while preserving beautiful original built-ins and carved woodwork. The third-floor unit was renovated in 2026 and is leased at $1,250/month through 3/31/27. Additional highlights include high ceilings, a 2024 roof, 200 Amp Service, two newer porches, triple corner lot, fenced flat backyard, 2-car garage, and off-street parking for at least 3 additional vehicles. The 1,400+ sq. ft. freshly painted unfinished basement offers substantial storage and future value-add potential. Walk to Powderhorn Park, Mercado Central, restaurants and transit; less than a mile to Abbott Northwestern Hospital and convenient to Downtown, the U of M and Minneapolis Institute of Art.

Full Property Details for 3154 15th Ave S

General

  • Price: $530,000
  • Taxes: $8,115 (2026)
  • Status: Active
  • Type: Triplex
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7151057
  • Updated: 10/4/2026
  • Added to Site: 9 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 9

Other Rooms

  • Laundry: In Basement, Common Area, Laundry Room, Sink, In Basement, Common Area, Laundry Room, Sink

Additional Information

  • Shared Amenities: Porch

Exterior

  • Porch/Patio/Deck: Front Porch, Side Porch

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Detached Garage, Driveway - Other Surface

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Williams Add
  • Neighborhood: 64
  • Driving Directions: E 32nd St to 15th Ave S, house on NW corner

School Information

  • School District: 1 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

  • Heating Type: Boiler, Radiator
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer in Street
  • Water: City Water (In-Street)

Structural Information

  • Exterior Const.: Frame
  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Full, Partially Finished, Shared Access, Storage Space
  • Foundation Size: 1485
  • Roof: Age 8 Years or Less
  • Disability Access: None
  • Square Feet: 3,649
  • Above Ground: 3,549 Sq. Ft.
  • Below Ground: 1,433 Sq. Ft.
  • Finished Down/Base.: 4,982 Sq. Ft.
  • Year Built: 1904

Unit Information

  • Units w/Refrigerators: 3

Lot Features

  • Lot Size (Acres): 0.26
  • Lot Dimensions: 90 x 127
  • Zoning: Residential-Multi-Family
  • Lot Description: Corner Lot
  • Fencing (Description): Chain Link, Wood

Financial Considerations

  • Operating Expenses: $13,150
  • Tax Amount: $8,115
  • Tax Year: 2026
  • Terms: Conventional, Cash
  • Owner Pays: Electricity, Gas, Trash Collection, Water
  • Tenant Pays: Gas, Heat
  • Pays Electric: Owner Pays
  • Pays Gas: Tenant Pays
  • Pays Heat: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: BLOCK 007 WILLIAMS ADDN TO MPLS LOTS 8 TO 10 INCL
  • Property ID: 202824130113

Listed by Karina Realty

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— 3154 15th Ave S —

  • Karina Realty

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Schools serving 3154 15th Ave S

School District:Minneapolis Public School District
NameGradesDistance
Andersen Community
1098 Andersen Lane, Minneapolis, MN 55407
6-80.6 mi
Bancroft Elementary School
3829 13th Avenue South, Minneapolis, MN 55407
PK-50.8 mi
South Senior High School
3131 19th Avenue South, Minneapolis, MN 55407
9-120.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3154 15th Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/03/2026
Listed
$530,000
41.33%
MLS
3/23/2021
Sold
$375,000
—
Public Record
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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 3154 15th Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,636
5%
$433,400
1%
2025
$8,205
13%
$427,000
—
2023
$7,267
13%
$427,000
15%
2023
$6,438
—
$371,000
1%
2023
$6,438
—
$369,000
—
2020
$6,458
7%
$369,500
10%
2019
$6,029
11%
$336,000
12%
2018
$5,434
11%
$300,000
13%
2017
$4,913
6%
$265,500
10%
2016
$4,617
10%
$242,000
15%
2015
$4,210
7%
$210,500
15%
2014
$3,940
4%
$183,000
5%
2013
$3,777
—
$174,500
—
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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Listed by Karina Realty

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3154 15th Avenue S, Minneapolis, MN 55407 (MLS# 7151057) is a Triplex property with 9 bedrooms and 0 full bathrooms. 3154 15th Avenue S is currently listed for $530,000 and was received on October 03, 2026. Want to learn more about 3154 15th Avenue S? Do you have questions about finding other Triplex real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.

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