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$1,275,000

  • For Sale
  • Active
  • Commercial
  • 7,208 Sq. Ft.
  • 0.26 Acres
  • Updated 7 days ago
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12-unit multifamily in Minneapolis's Powderhorn Park neighborhood offered at $1,275,000 ($106,250/door). Built in 1966, the property sits directly across from Powderhorn Park's tennis courts and 66 acres of green space, giving tenants immediate access to one of Minneapolis's most recognized parks. Recent capital upgrades include a brand new parking lot in 2025, a new boiler in 2026, newer water heater, and updated electrical. Many units have already been renovated and the property is part of the Minneapolis 4D program providing low taxes and numerous appliance upgrades. The mixed unit mix of 7 one-bedroom and 5 two-bedroom units delivers broad renter appeal with market rents of $1,125 and $1,325 respectively and a potential NOI of $100,318. Available individually or as part of a 7-property, 89-unit South Minneapolis portfolio offered at $9,750,000. Refer to the Offering Memorandum for more information.

Full Property Details for 3400 10th Ave S

General

  • Price: $1,275,000
  • Taxes: $12,808 (2026)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7088940
  • Updated: 6/8/2026
  • Added to Site: 8 day(s) ago

Parking

  • Parking Features: Parking Lot

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Chases Add
  • Neighborhood: 64
  • Driving Directions: From I-35W, take the 36th Street exit and head east, then turn left on 10th Avenue South and proceed north to 3400 10th Ave S on your left.

School Information

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

Heating & Cooling

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

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Common, Electric Separate, Heating Common

Structural Information

  • Basement: Yes
  • Foundation Size: 2400
  • Disability Access: None
  • Square Feet: 7,208
  • Finished Down/Base.: 7,208 Sq. Ft.
  • Current Bldg. Use: Residential
  • Year Built: 1966

Lot Features

  • Lot Size (Acres): 0.26
  • Lot Dimensions: 89.40 x 127.10
  • Zoning: Residential-Multi-Family

Financial Considerations

  • Operating Expenses: $66,435
  • Tax Amount: $12,808.63
  • Tax Year: 2026
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: CHASES ADDN TO MPLS LOTS 1 AND 2
  • Inclusions: Building, Fixture/Equipment, Leases, Rental License
  • Property ID: 202824310017

Listed by Commercial Investors Group LLC

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Listing agent

— 3400 10th Ave S —

  • Commercial Investors Group LLC

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NMLS#: 1598647

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

Be ready to buy your new home!

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Schools serving 3400 10th Ave S

School District:Minneapolis Public School District
NameGradesDistance
Bancroft Elementary School
3829 13th Avenue South, Minneapolis, MN 55407
PK-50.6 mi
Andersen Community
1098 Andersen Lane, Minneapolis, MN 55407
6-80.9 mi
South Senior High School
3131 19th Avenue South, Minneapolis, MN 55407
9-120.8 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 3400 10th Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/08/2026
Listed
$1,275,000
108.33%
MLS
6/03/2013
Sold
$612,000
—
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 3400 10th Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,196
-30%
$1,258,000
176%
2023
$16,058
-31%
$455,400
-68%
2023
$23,433
—
$1,423,100
11%
2023
$23,433
20%
$1,282,000
16%
2020
$19,480
9%
$1,101,400
12%
2019
$17,868
17%
$984,000
18%
2018
$15,296
13%
$834,000
15%
2017
$13,585
12%
$725,000
16%
2016
$12,117
10%
$627,500
15%
2015
$11,041
-7%
$545,500
—
2014
$11,875
-3%
$545,500
—
2013
$12,183
—
$545,500
—
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 Commercial Investors Group LLC

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3400 10th Avenue S, Minneapolis, MN 55407 (MLS# 7088940) is a Commercial property. 3400 10th Avenue S is currently listed for $1,275,000 and was received on June 08, 2026. Want to learn more about 3400 10th 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.

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