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$650,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 6 Total Beds
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PRIME SOUTH MPLS 4-UNIT INVESTMENT - WALKABLE LOCATION! Exceptional opportunity for investors or owner-occupants! This meticulously maintained, four-unit building is nestled in a highly sought-after South Minneapolis neighborhood, just blocks from Bde Maka Ska and the area's vibrant dining and retail scene. The property features a desirable mix of units, including: two 2 bed 1 bath and two 1 bed 1 bath. Current leases offer immediate, solid rental income and stability, with potential for value-add through strategic rent increases or cosmetic updates. Owner is an agent. Information deemed reliable but not guaranteed. Buyer and Buyer's Agent to verify all measurements, features, income, and expenses. Listing Agent and Seller assume no responsibility for inaccuracies.

Full Property Details for 3513 Emerson Ave S

General

  • Price: $650,000
  • Taxes: $11,216 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6823198
  • Updated: 12/9/2025
  • Added to Site: 45 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 6

Parking

  • Parking Features: Parking Lot

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Remingtons 2nd Add
  • Neighborhood: 70
  • Driving Directions: 35th to Emerson south to property

School Information

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

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Drain Tiles, Egress Window(s), Partially Finished, Single Tenant Access, Storage Space, Sump Basket
  • Foundation Size: 2490
  • Disability Access: None
  • Square Feet: 3,735
  • Above Ground: 2,490 Sq. Ft.
  • Below Ground: 2,490 Sq. Ft.
  • Year Built: 1957

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Dimensions: 42 x 128

Financial Considerations

  • Operating Expenses: $21,300
  • Tax Amount: $11,216
  • Tax Year: 2025
  • Tenant Pays: Electricity, Gas
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays

Disclosures and Reports

  • Legal Description: LOT 011 BLOCK 068 REMINGTONS 2ND ADDN TO MPLS
  • Property ID: 402824420141

Listed by Doro Real Estate

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— 3513 Emerson Ave S —

  • Doro Real Estate

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NMLS#: 1598647

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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 3513 Emerson Ave S

School District:Minneapolis Public School District
NameGradesDistance
Kenwood Elementary School
2013 Penn Avenue South, Minneapolis, MN 55405
K-51.7 mi
Anwatin Middle Com & Spanish D I
256 Upton Avenue South, Minneapolis, MN 55405
6-82.7 mi
North Academy Senior High
1500 James Avenue North, Minneapolis, MN 55411
9-123.8 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 3513 Emerson Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/03/2025
Listed
$650,000
11.11%
MLS
6/15/2023
Sold
$585,000
—
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 3513 Emerson Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,817
1%
$615,000
-16%
2023
$11,709
4%
$732,000
5%
2023
$11,222
—
$697,000
-5%
2023
$11,222
-6%
$733,500
8%
2020
$12,002
2%
$679,000
5%
2019
$11,734
9%
$646,500
10%
2018
$10,773
6%
$587,500
8%
2017
$10,196
7%
$544,000
10%
2016
$9,562
10%
$494,500
15%
2015
$8,725
6%
$430,000
15%
2014
$8,220
4%
$374,000
5%
2013
$7,872
—
$356,000
—
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 Doro Real Estate

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3513 Emerson Avenue S, Minneapolis, MN 55408 (MLS# 6823198) is a Multi-Family property with 4 units containing 6 bedrooms and 0 full bathrooms. 3513 Emerson Avenue S is currently listed for $650,000 and was received on December 03, 2025. Want to learn more about 3513 Emerson Avenue S? Do you have questions about finding other Multi-Family 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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