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$639,900 -$10,000 (-1.54%) Price Reduced

  • For Sale
  • Active
  • Triplex
  • 4 Beds
  • 3 Total Baths
  • 3,197 Sq. Ft.
  • Updated 1 hour ago
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Beautifully maintained triplex in an ideal Minneapolis location. The lower-level studio is freshly updated. The main-level unit offers 2 beds/1 bath, a sun-filled porch, formal dining, original woodwork, and an updated kitchen. The upper-level unit features 2 beds/1 bath, a bright sunroom, den, new vinyl plank flooring, and a charming dining room with original built-ins. A spacious, unfinished fourth level adds incredible potential-two framed rooms, already plumbed, offering possibilities for added square footage or a future primary suite for the top unit. Four off-street parking spots and a welcoming backyard with space for gardening and/or bonfires. Recently passed the Minneapolis rental inspection, making this an easy, turnkey investment. Ask for additional photos of the other units-this one is a gem for both live-in owners and investors alike.

Full Property Details for 3237 Lyndale Ave S

General

  • Price: $639,900
  • Taxes: $10,143 (2025)
  • Status: Active
  • Type: Triplex
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6821264
  • Updated: 1/16/2026
  • Added to Site: 52 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Common Area, Lower Level, Laundry Room, Common Area, Lower Level, Laundry Room

Additional Information

  • Shared Amenities: Laundry

Parking

  • Parking Features: Unassigned, Open

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Motor Line Add
  • Neighborhood: 48
  • Driving Directions: Lake St to Lyndale S to home.

School Information

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

Heating & Cooling

  • Heating Type: Boiler
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Exterior Const.: Block, Concrete
  • Basement: Yes
  • Basement Desc.: Block, Daylight/Lookout Windows, Egress Window(s), Finished, Partially Finished, Unfinished
  • Foundation Size: 1254
  • Disability Access: None
  • Square Feet: 3,197
  • Above Ground: 3,560 Sq. Ft.
  • Below Ground: 1,254 Sq. Ft.
  • Year Built: 1918

Unit Information

  • Units w/Refrigerators: 3

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Dimensions: 42 x 120
  • Frontage: City Street, Curbs, Paved Streets, Sidewalks
  • Zoning: Residential-Multi-Family
  • Lot Description: Public Transit (w/in 6 blks), Light Tree Coverage

Financial Considerations

  • Tax Amount: $10,143
  • Tax Year: 2025
  • Terms: Conventional, Cash
  • Owner Pays: Heat, Insurance, Grounds Care, Repairs, Sewer, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Fuel, Gas
  • Pays Cable: Tenant Pays
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays
  • Pays Heat: Owner Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: LOT 019 BLOCK 012 MOTOR LINE ADDN TO MPLS
  • Property ID: 302824230107

Listed by Engel & Volkers Lake Minnetonka

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— 3237 Lyndale Ave S —

  • Engel & Volkers Lake Minnetonka

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 3237 Lyndale Ave S

School District:Minneapolis Public School District
NameGradesDistance
Lyndale Elementary School
312 West 34th Street, Minneapolis, MN 55408
PK-50.2 mi
Justice Page Middle School
1 West 49th Street, Minneapolis, MN 55419
6-82.1 mi
Washburn Senior High School
201 West 49th Street, Minneapolis, MN 55419
9-122.1 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 3237 Lyndale Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/16/2026
Price Reduced
$639,900
-1.54%
MLS
11/25/2025
Listed
$649,900
10.15%
MLS
12/08/2023
Sold
$590,000
—
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 3237 Lyndale Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,143
25%
$558,000
-5%
2023
$8,118
6%
$587,000
6%
2023
$7,677
-6%
$555,000
3%
2020
$8,184
8%
$539,000
10%
2019
$7,568
10%
$490,000
11%
2018
$6,890
10%
$441,500
13%
2017
$6,287
11%
$391,130
15%
2016
$5,689
1%
$340,445
6%
2015
$5,638
8%
$320,825
17%
2014
$5,204
2%
$273,955
2%
2013
$5,115
—
$267,415
—
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 Engel & Volkers Lake Minnetonka

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3237 Lyndale Avenue S, Minneapolis, MN 55408 (MLS# 6821264) is a Triplex property with 4 bedrooms and 0 full bathrooms. 3237 Lyndale Avenue S is currently listed for $639,900 and was received on November 25, 2025. Want to learn more about 3237 Lyndale 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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