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$484,750

  • Sold
  • Closed
  • Apartment
  • 4 Beds
  • 4 Total Baths
  • 2,760 Sq. Ft.
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Solid brick fourplex on Chicago Avenue South, three units leased and a vacant fourth ready for the next owner to set the rate. Current rents run $1,175 to $1,200 per month with long-term tenants in place. The boiler was replaced seven years ago and the water heater for Unit 2 is new in 2023. Hardwood floors throughout, radiator heat, and individual water heaters per unit. A Metro Transit stop sits directly in front of the building, making this an easy leasing story for future tenants. Consistent occupancy in a neighborhood with steady rental demand.

Full Property Details for 3215 Chicago Ave S

General

  • Sold For: $484,750
  • Taxes: $8,532 (2026)
  • Status: Closed
  • Type: Apartment
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7096268
  • Added to Site: 110 day(s) ago

School Information

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

Heating & Cooling

  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas

Utilities

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

Financial Considerations

  • Operating Expenses: $19,450
  • Tax Amount: $8,532.26
  • Tax Year: 2026
  • Owner Pays: Common Area Maintenance, Exterior Maintenance, Grounds Care, Insurance, Repairs, Sewer, Snow Removal, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Fuel, Insurance
  • Pays Cable: Tenant Pays
  • Pays Electric: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: HARTSON & LENTS RGT BLK REES & BAIRDS - LOT 023
  • Property ID: 202824240052

Listed by Jason Mitchell Group
Sold by MRG Realty Partners, LLC

Listing agent

— 3215 Chicago Ave S —

  • Jason Mitchell Group

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 3215 Chicago Ave S

School District:Minneapolis Public School District
NameGradesDistance
Andersen Community
1098 Andersen Lane, Minneapolis, MN 55407
6-80.7 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
9-120.9 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 3215 Chicago Ave S

Date
Details
Price
Change
Source
8/28/2026
Sold
$484,750
-3.03%
MLS
6/24/2026
Listed
$499,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Down Payment Resource

Listed by Jason Mitchell Group
Sold by MRG Realty Partners, LLC

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3215 Chicago Avenue S, Minneapolis, MN 55407 (MLS# 7096268) is a Apartment property that was sold at $484,750 on August 28, 2026. Want to learn more about 3215 Chicago Avenue S? Do you have questions about finding other Apartment real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.