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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.

Property Details of 3400 10th Avenue S, 64

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Listed by Mike Sowers of Commercial Investors Group LLC

  Based on information submitted to MLS Grid / NORTHSTAR as of June 9, 2026 7:08 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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