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3400 Elliot Avenue S Minneapolis (MN) 55407
$540,000 Canceled
StatusCanceled Living Area4200 YR1914 School District1 DOM86

Public Remarks

Welcome to this classic fourplex on a corner lot in the vibrant Powderhorn Park neighborhood of Minneapolis! Whether you’re an investor looking for income potential or an owner-occupant seeking a multi-unit home, this rare offering—complete with split utilities—promises a blend of character, convenience, and long-term value in a sought-after location with 3 of the 4 units currently leased. This well-maintained investment property offers four charming 1-bedroom, 1-bath units, each showcasing original built-in storage and buffets, rich hardwood floors throughout, fresh interior and exterior paint, and private back porches/decks overlooking the fully fenced yard with updated river rock landscaping—perfect for relaxation or play. Each unit also has a three-season front porch, great for extra living space or storage. The shared basement provides individual storage lockers and shared laundry for tenant convenience, while a detached two-stall garage and additional parking pad (fits 4 cars) deliver valuable off-street parking. Recent updates include a new hot water heater (‘25), new LED overhead lighting fixtures throughout, electronic locks for added security, new gutters, and four high-efficiency furnaces. Powderhorn Park is down the street and is a highly desirable area known for its community-focused events, strong rental demand, and convenient proximity to downtown, public transit, parks, local shops, and dining options. Don't miss out!

Quick Specifications

Price :
$540,000
Status :
Canceled
Property Type :
Residential Income
Year Built :
1914
Approx. Sq. Ft :
4200
School District :
1
Taxes :
$ 1705
MLS# :
6729868

Interior Features

Foundation Size :
1400

Lot and Location

PostalCity :
Hennepin
Zip Code :
55407
Neighborhood :
Powderhorn Park
Directions :
Park Ave to 34th Street on Corner of Elliot Ave S.
Complex/Development/Subd :
Auditor's subd No 049
Lot Description :
Corner Lot
Lot Dimensions :
50 X 122
Road Frontage :
Paved Streets, Sidewalks
Zoning :
Residential-Multi-Family
School District :
1
School District Phone :
612-668-0000

Structural Features

Class :
Residential Income
Basement :
Full, Shared Access, Storage/Locker, Unfinished
Exterior :
Wood Siding
Garage :
2
Accessibility Features :
None
Roof :
Flat, Rubber
Sewer :
City Sewer/Connected
Water :
City Water/Connected

Financial Considerations

DPResource :
Y
Foreclosure Status :
No
Lender Owned :
Yes
Potential Short Sale :
No
Latitude :
44.9411842727
MLS# :
6729868
Style :
Quadruplex
Complex/Development/Subd :
Auditor's subd No 049
Tax Amount :
$ 1705
Tax With Assessments :
1705.0000
Tax Year :
2025
Source: NorthStar MLS as distributed by MLS GRID


© 2025 Based on information submitted to the MLS GRID as of 2025-06-04 00:00:05 (Central Time) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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