3400 10th Avenue S, Minneapolis, MN 55407

• 7,208 sqft

Property Description

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.

Listing Status:

Active

Data Last Updated:

July 22, 2026 at 12:16PM

Listing Office:

Commercial Investors Group LLC : 612-598-0780

MLS ID:

7088940

Interior

• Heating: Boiler

Exterior

• General: Stone
• Parking: Parking Lot

Construction

• General: TwoBlock

Location

• Originating MLS: northstar
• School District: Minneapolis
• County: Hennepin

Lot

• Zoning: 0202824310017
• Current Use: Residential

Utilities

• Utilities: Electric CommonElectric SeparateHeating Common
• Water: City Water/Connected
• Sewer: City Sewer/Connected

Financial

• Source: northstar