Listed By
Agency Name: Pemberton RE
Agency Phone: 612-260-8777
Shown By
Agent Name: Douglas Salsberg
Agent Phone: (612) 986-4688
Agency Title: Counselor Realty
*Appraisal came in at $614,000* CASH FLOWING PROPERTY for owner occupied or having tenants. 2025 Unit 3432 - $1,990.00/month = $23,880.00/year. Unit 3434 - $2,250.00/month = $27,000.00/year. Studio - $500.00/month = $6,000.00/year. Total income: $56,880.00. Opportunity to own just steps from the shores of Lake Bde Maka Ska one of Minneapolis's most iconic and beloved destinations. Unit 3432 underwent a full remodel in 2023 (see supplements for complete list of updates), and a new roof was installed in 2025. Both units feature sizable lower-level storage and private decks. Coin-operated laundry adds another income stream. Unit 3434 Upper level featuring a third-story loft, and an open floor plan. Property is zoned for a triplex - could mean more additional income! Would need to talk to the city for requirements on making it a true triplex if you wish to do so. Basement level can have their entrance in the back and used as a studio. Main level two-year lease ended March 31, 2026; currently vacant and easy to show. Upper level one-year lease in place through July 31, 2026.
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Estimated Payment
$ 4,152.64 per month $3,192.92 Principal & Interest $784.75 Property Tax $174.97 Homeowner's InsuranceThank you for your inquiry! As a thank you, we have a Special Mortgage Offer for You.
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3432 Girard Avenue S | MLS# 6810757
This multi-family property located at 3432 Girard Avenue S, Minneapolis, MN 55408 is currently listed for sale with an asking price of $599,900. Girard Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on www.resoluterealtor.com today.