About This Home

This 7-bedroom, 4-bathroom residential multi family at 3831 Grand Avenue S in Minneapolis, MN is listed for $625,000 ($181 per sqft). Built in 1915, the home offers 3,444 sqft of living space on a 0.13 acres lot.

Key Features

  • Built in 1915
  • 0.13 acre lot

Property Details

4 full
1915
Listing Description

Classic 1915 fourplex with three of four units rented and a great opportunity to add a 5th unit! The vacant unit is ready for a new tenant or an owner-occupant, making this a great fit for investors and house-hackers alike. The basement already has a kitchen and a bathroom in place and just needs to be finished to create a 2-bedroom fifth unit.

The building has three 2-bedroom units and one 1-bedroom unit. Each unit has front and back entries, a living/dining room, a full bath, and a range and refrigerator. Period character runs throughout, with hardwood floors, natural woodwork, paneled doors, and historic millwork.

The upper units have skylights and ceiling fans. There are very large front porches on both levels. Tenants pay their own electric, gas, heat, cable, and phone, and the owner pays trash, snow removal, and taxes. The full basement also has storage lockers for each tenant, a common washer and dryer, and daylight and egress windows.

There's off-street parking for four on the concrete driveway. The lot is level, on a city street with sidewalks and streetlights, close to public transit, with fiber internet available. Conventional, FHA, and VA financing are accepted.

Monthly Cost Estimate

$3,343/mo

20% down · 6.5% · 30 years

Principal$452
Interest$2,708
Insurance$182

Estimates only. Actual payments may vary.

Location

3831 Grand Avenue S

Minneapolis, MN 55409

Mabies 2nd Add

Property Details

Construction

Block Frame

Outdoor Features

PatioPorch

Parking

Driveway

Heating

Hot Water(Heating)

Questions & Answers

This 7-bedroom, 4-bathroom residential multi family at 3831 Grand Avenue S is listed at $625,000 ($181/sqft). The estimated monthly payment is $3,342 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1915, 0.13 acre lot.

This property is listed by Isaac Nagel.

IN

Isaac Nagel

Agent at Integrity Lake Minnetonka Holdings, LLC

Listed by Integrity Lake Minnetonka Holdings, LLC · Broker phone: (952) 475-0111 · View on Broker Site · Broker website

MLS# 7138181· Source: Northstar MLS· 22 days on PropertySimple

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3831 Grand Avenue S, Minneapolis, MN 55409

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