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$725,000

  • For Sale
  • Active
  • Commercial
  • 0.18 Acres
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Prime development opportunity along the goods and services corridor of Minnehaha Avenue! Three contiguous parcels at the corner of 37th Street and Minnehaha Avenue, offering a rare chance to deliver multi-family housing in one of the city's most vibrant neighborhood corridors. The sites are positioned within the Corridor 4 built form overlay, supporting the potential for an apartment building in excess of 55,000 sq. ft., allowing meaningful scale with strong visibility along Minnehaha. The properties already carry R5 underlying zoning, fully aligned with multi-family use and providing a straightforward, clean path through entitlement. Located steps from transit, retail, parks, and the cultural fabric of the Longfellow community, the site presents an exceptional opportunity for developers seeking transformative density in a highly desirable urban corridor.

Full Property Details for 3700 Minnehaha Ave

General

  • Price: $725,000
  • Taxes: $4,001 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6826437
  • Updated: 12/11/2025
  • Added to Site: 37 day(s) ago

Parking

  • Parking Features: None

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Palmers Add
  • Neighborhood: 34
  • Driving Directions: South on Minnehaha to E. 37th Street.

School Information

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

Heating & Cooling

  • Heating Type: None
  • Heating Fuel: Other

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: None Available

Structural Information

  • Foundation Size: 26208
  • Disability Access: Other
  • Current Bldg. Use: Residential
  • Year Built: 2025

Lot Features

  • Lot Size (Acres): 0.18
  • Lot Dimensions: 156' x 168'
  • Zoning: Business/Commercial, Residential-Multi-Family

Financial Considerations

  • Tax Amount: $4,001
  • Tax Year: 2025
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: BLOCK 022 PALMERS ADDN TO MPLS LOTS 1 AND 2
  • Inclusions: Land
  • Property ID: 602823330131

Listed by Compass

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— 3700 Minnehaha Ave —

  • Compass

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NMLS#: 1598647

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NMLS#: 1598647

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with our affiliated in-house agency

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

Schools serving 3700 Minnehaha Ave

School District:Minneapolis Public School District
NameGradesDistance
Howe Elementary School
3733 43rd Avenue South, Minneapolis, MN 55406
3-50.7 mi
Hiawatha Elementary School
4201 42nd Avenue South, Minneapolis, MN 55406
K-21 mi
Sanford Middle School
3524 42nd Avenue South, Minneapolis, MN 55406
6-80.6 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 3700 Minnehaha Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/11/2025
Listed
$725,000
190%
MLS
11/27/2019
Sold
$250,000
—
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 3700 Minnehaha Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,001
3%
$269,000
-10%
2023
$3,903
-1%
$299,000
—
2023
$3,934
—
$299,000
9%
2023
$3,934
24%
$274,000
26%
2020
$3,170
-6%
$216,730
—
2019
$3,370
11%
$216,730
12%
2018
$3,047
-3%
$193,840
—
2017
$3,127
10%
$193,840
10%
2016
$2,848
-14%
$176,400
6%
2015
$3,313
22%
$166,590
12%
2014
$2,724
-6%
$149,150
-6%
2013
$2,909
—
$158,960
—
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 Compass

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3700 Minnehaha Avenue, Minneapolis, MN 55406 (MLS# 6826437) is a Commercial property. 3700 Minnehaha Avenue is currently listed for $725,000 and was received on December 11, 2025. Want to learn more about 3700 Minnehaha Avenue? Do you have questions about finding other Commercial real estate for sale in Howe? You can browse all Howe real estate or contact a Coldwell Banker agent to request more information.

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