Date
Details
Price
Change
Source
5/29/2026
Listed
$580,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/11
$580,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/11
Property Description
3343 15th Avenue South is a classic up-down five-unit apartment building built in 1905 and ideally positioned directly across from Powderhorn Park, the Powderhorn Park Recreation Center, public pool, and adjacent parking lot. Located in a proven rental corridor of South Minneapolis, the property features spacious units with hardwood floors, high ceilings, strong natural light, and a history of consistent occupancy. Well-maintained through attentive ownership and professional management, the property has benefited from consistent care and investment over time. The asset generates attractive current cash flow while offering significant value-add potential through improved operational efficiencies. Offered at $580,000 with a pro forma cap rate of 8.6%, the property presents an excellent opportunity for a first-time investor or owner-operator seeking a well-located multifamily asset with stable income, strong rental demand, and substantial upside potential in one of Minneapolis' most established neighborhoods.
Full Property Details
Full Property Details for 3343 15th Ave S
General
- Price: $580,000
- Taxes: $9,343 (2025)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7093995
- Updated: 6/16/2026
- Added to Site: 44 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 7
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Detached Garage
Location
- County: Hennepin
- Township: Minneapolis
- Subdivision: Blooms Sub Of Lts 24 & 32 Lawrence
- Neighborhood: 64
- Driving Directions: From intersection of Lake Street and Bloomington Ave, Head south and take right on 34th St. Go to 15 Ave and take right. Property is on the right.
School Information
- School District: 1 - Minneapolis
- High School District: Minneapolis
Heating & Cooling
- Heating Type: Boiler
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
- Utility Description: Electric Separate
Structural Information
- Foundation Size: 1443
- Disability Access: None
- Current Bldg. Use: Residential
- Year Built: 1905
Lot Features
- Lot Size (Acres): 0.11
- Lot Dimensions: 39 x 123
- Zoning: Residential-Multi-Family
Financial Considerations
- Tax Amount: $9,343
- Tax Year: 2025
Disclosures and Reports
- Legal Description: LOT 007 BLOCK 001 BLOOMS SUBD OF LOTS 24 & 32 LAWRENCE
- Inclusions: Building
- Property ID: 202824130007
Listed by Matthews Real Estate Investment Solutions
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 3343 15th Ave S —
Matthews Real Estate Investment Solutions
NMLS#: 1598647
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 3343 15th Ave S
School District:Minneapolis Public School District
| Name | Grades | Distance |
|---|---|---|
Bancroft Elementary School 3829 13th Avenue South, Minneapolis, MN 55407 | PK-5 | 0.6 mi |
Andersen Community 1098 Andersen Lane, Minneapolis, MN 55407 | 6-8 | 0.9 mi |
South Senior High School 3131 19th Avenue South, Minneapolis, MN 55407 | 9-12 | 0.5 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 3343 15th Ave S
Tax History
Tax History for 3343 15th Ave S
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,949
4%
$514,000
—
2024
$9,574
4%
$514,000
-9%
2023
$9,240
-1%
$564,000
—
2023
$9,310
—
$564,000
6%
2023
$9,310
6%
$532,000
7%
2020
$8,808
9%
$498,000
12%
2019
$8,071
17%
$444,500
18%
2018
$6,905
1%
$376,500
3%
2017
$6,849
2%
$365,500
5%
2016
$6,720
8%
$348,000
13%
2015
$6,244
-7%
$308,500
—
2014
$6,715
-1%
$308,500
—
2013
$6,752
—
$308,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3343 15th Ave S
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Commercial
- Active
- Updated 3 days ago
- 0.09Acres
Listed by Financially Free, LLC
- Commercial
- Active
- 4,800Sq. Ft.
- 6,534Acres
Listed by Bridge Realty, LLC
- Commercial
- Active
- Updated 12 days ago
- 3,600Sq. Ft.
- 0.206Acres
Listed by Peritus Real Estate
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,551Sq. Ft.
Listed by JPW Realty
- Single Family
- Active
- Updated 2 days ago
- 2Beds
- 2Total Baths
- 945Sq. Ft.
Listed by Edina Realty, Inc.
- Condo
- Active
- Updated 20 hours ago
- 2Beds
- 2Total Baths
- 1,136Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,964Sq. Ft.
Listed by Bridge Realty, LLC
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 2Total Baths
- 1,848Sq. Ft.
Listed by Edina Realty, Inc.
- Condo
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,107Sq. Ft.
Listed by Kathy Daniels (612) 202-9530
- Townhouse
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,854Sq. Ft.
Listed by Edina Realty, Inc.
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 2Total Baths
- 2,337Sq. Ft.
Listed by Keystone Realty MN
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Multi-Family
- Closed
- 4Units
- 7Total Beds
Listed by RE/MAX Results
Sold by Compass
Sold by Compass
- Single Family
- Closed
- 4Beds
- 4Total Baths
- 2,910Sq. Ft.
Listed by Keller Williams Integrity Realty
Sold by Compass
Sold by Compass
- Single Family
- Closed
- 3Beds
- 3Total Baths
- 2,916Sq. Ft.
Listed by RE/MAX Results
Sold by Keller Williams Realty Integrity Lakes
Sold by Keller Williams Realty Integrity Lakes
- Single Family
- Closed
- 1Bed
- 2Total Baths
- 1,580Sq. Ft.
Listed by Gretchen Kuriger
Sold by BRIX Real Estate
Sold by BRIX Real Estate
3343 15th Avenue S, Minneapolis, MN 55407 (MLS# 7093995) is a Commercial property. 3343 15th Avenue S is currently listed for $580,000 and was received on May 29, 2026. Want to learn more about 3343 15th Avenue S? Do you have questions about finding other Commercial real estate for sale in Powderhorn? You can browse all Powderhorn real estate or contact a Coldwell Banker agent to request more information.