$500,000

3400 Elliot Avenue, Minneapolis, MN 55407

  • 4 beds |
  • 4 baths |
  • 3,277 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1914
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $153/sqft
  • Property List Date Icon Listed 21 days ago

Property Description

Classic Powderhorn fourplex offering split utilities, enduring original character, and consistent rental demand in one of South Minneapolis’ most established neighborhoods. Situated on a corner lot just blocks from Powderhorn Park, this well-maintained property features four spacious 1-bedroom, 1-bath units with separate gas and electric, individual furnaces and water heaters, shared laundry, off-street parking, and a detached two-stall garage. Each unit retains the architectural details that continue to support long-term rental appeal, including original hardwood floors, built-in buffets, natural woodwork, and. enclosed porches that provide additional functional living space. Recent improvements include fresh exterior paint, new gutters, updated LED lighting throughout, electronic locks, updated landscaping, shared laundry with new washer and dryer, and a new water heater. The property offers stable in-place income with additional upside potential through future improvements over time. Additional features include basement storage lockers, rear deck access, and four off-street parking spaces in addition to the garage. Conveniently located near Powderhorn Park, transit, bike trails, downtown Minneapolis, and neighborhood dining and retail, this is an opportunity to acquire a well-positioned Minneapolis multi-family asset in a consistently strong rental corridor.

Listing Status:
Active
Data Last Updated:
June 19, 2026 at 4:16PM
Listing Office:
Keller Williams Realty Integrity Lakes : 612-821-7400
MLS ID:
7082395
  • Laundry: In Basement
  • Basement: FullShared AccessStorage/LockerUnfinished
  • Heating: Forced Air
  • General: Stucco
  • Pool: None
  • Parking: Detached Garage
  • Roofing: FlatRubber
  • General: TwoBlock
  • Road/Access: Paved StreetsSidewalks
  • HOA Amenities: DeckPatioPorch
  • Originating MLS: northstar
  • School District: Minneapolis
  • County: Hennepin
  • Zoning: 0202824310001
  • Fencing: Chain LinkFull
  • Water: City Water/Connected
  • Sewer: City Sewer/Connected
  • Source: northstar

This listing courtesy of Keller Williams Realty Integrity Lakes

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby