3948 Oakland Avenue, Minneapolis, MN

$640,000

Previous Next

0.12

Acres

About 3948 Oakland Avenue

3948 Oakland Avenue is a 5-unit multifamily investment opportunity located in the Bryant neighborhood of South Minneapolis. The property is comprised of three two-bedroom units, one three-bedroom unit, & one four-bedroom unit. A new boiler was installed in 2019, and the building has 100-amp electrical service. The building is currently enrolled in the Minneapolis 4D program, providing a significant reduction in annual property tax expense. There are four single stall garages included at the property. All current tenants are on month-to-month leases. The property is well located for easy access to I-35W, as well as for access to numerous additional South Minneapolis area amenities.

Features of 3948 Oakland Avenue

MLS® # 6826530
Price $640,000
Acres 0.12
Year Built 1920
Type Commercial Sale
Status Active

Community Information

Address 3948 Oakland Avenue
Area 6
Subdivision Abbotts & Sundbys Add
City Minneapolis
County Hennepin
State MN
Zip Code 55407

Amenities

Utilities Electric Separate
Parking Detached Garage
# of Garages 4
Is Waterfront No
Has Pool No

Interior

Heating Boiler
Fireplace No

Exterior

Exterior Features Stucco

School Information

District Minneapolis

Additional Information

Days on Market 196
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $2,310
Tax Year 2025

Listing Details

OfficeMRG Realty Partners, LLC

Listing Map

Schedule a Tour

Provide a valid email address.
When would you like to view this property?