$579,000

3024 Chicago Avenue, Minneapolis, MN 55407

5 beds |
3 baths |
2,775 sqft

Triplex
Built in 1908
5,227sqft lot
—— car garage
$209/sqft
Listed 6 days ago

Property Description

Rare opportunity to own a highly unique piece of Minneapolis history — this 1908 triplex at 3024 Chicago Avenue has been held by the same family since it was built, now offered to the public for the very first time. 3024 offers two spacious 2BR/1BA units and a studio attic, featuring hardwood floors, natural woodwork, built-ins, and three porches. Included with the sale is the fully renovated carriage house ADU at 3026 Chicago Avenue (same parcel) — a private turnkey 1BR/1BA home with a beautiful modern kitchen, in-unit washer/dryer, and furniture which is included in the sale as well. 3026 was previously rented at $2,100/month. An ideal setup for an owner-occupant seeking added privacy or an investor looking to maximize returns across multiple income streams. Recent combined current rents of $5,600/month with market upside. Great location just blocks from Abbott Northwestern and Children's Hospitals, with easy access to I-35W, Midtown Global Market, and the Lake Street corridor. Fast connections to Downtown Minneapolis and Mall of America via the D Line Rapid METRO. Owner currently pays all utilities. Four off-street parking spaces. Coin-op laundry. Strong in-place cash flow with clear rent upside — a true value-add opportunity in a high-demand rental submarket. All measurements deemed reliable but not guaranteed; buyer to verify.

Listing Status:: Active
Data Last Updated:: April 30, 2026 at 8:19PM
Listing Office:: MRG Realty Partners, LLC : 651-900-4386
MLS ID:: 7052375

Laundry: In BasementCommon Area
Basement: Full
Heating: Boiler

General: Other
Parking: Driveway - Other SurfaceOpen

General: TwoBlockStone

HOA Amenities: Coin-op Laundry Owned
Originating MLS: northstar
School District: Minneapolis
County: Hennepin

Zoning: 0202824220154

Utilities: 100 Amp Service
Water: City Water/Connected
Sewer: City Sewer/Connected

Source: northstar

This listing courtesy of MRG Realty Partners, LLC

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Principal & Interest $
Property Taxes $
Home Insurance $
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