MLS# 7093995 - 3343 15th Avenue S Minneapolis, MN 55407 - Positive Realty

MLS# 7093995 - 3343 15th Avenue S Minneapolis, MN 55407

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3343 15th Avenue South is a classic up-down five-unit apartment building built in 1905 and ideally positioned directly across from Powderhorn Park, the Powderhorn Park Recreation Center, public pool, and adjacent parking lot. Located in a proven rental corridor of South Minneapolis, the property features spacious units with hardwood floors, high ceilings, strong natural light, and a history of consistent occupancy. Well-maintained through attentive ownership and professional management, the property has benefited from consistent care and investment over time. The asset generates attractive current cash flow while offering significant value-add potential through improved operational efficiencies. Offered at $580,000 with a pro forma cap rate of 8.6%, the property presents an excellent opportunity for a first-time investor or owner-operator seeking a well-located multifamily asset with stable income, strong rental demand, and substantial upside potential in one of Minneapolis' most established neighborhoods.

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Matthews Real Estate Investment Solutions is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Positive Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 6/16/2026 10:16:00 PM.

3343 15th Avenue South is a classic up-down five-unit apartment building built in 1905 and ideally positioned directly across from Powderhorn Park, the Powderhorn Park Recreation Center, public pool, and adjacent parking lot. Located in a proven rental corridor of South Minneapolis, the property features spacious units with hardwood floors, high ceilings, strong natural light, and a history of consistent occupancy. Well-maintained through attentive ownership and professional management, the property has benefited from consistent care and investment over time. The asset generates attractive current cash flow while offering significant value-add potential through improved operational efficiencies. Offered at $580,000 with a pro forma cap rate of 8.6%, the property presents an excellent opportunity for a first-time investor or owner-operator seeking a well-located multifamily asset with stable income, strong rental demand, and substantial upside potential in one of Minneapolis' most established neighborhoods.

office_logo

Matthews Real Estate Investment Solutions is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Positive Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 6/16/2026 10:16:00 PM.

3343 15th Avenue South is a classic up-down five-unit apartment building built in 1905 and ideally positioned directly across from Powderhorn Park, the Powderhorn Park Recreation Center, public pool, and adjacent parking lot. Located in a proven rental corridor of South Minneapolis, the property features spacious units with hardwood floors, high ceilings, strong natural light, and a history of consistent occupancy. Well-maintained through attentive ownership and professional management, the property has benefited from consistent care and investment over time. The asset generates attractive current cash flow while offering significant value-add potential through improved operational efficiencies. Offered at $580,000 with a pro forma cap rate of 8.6%, the property presents an excellent opportunity for a first-time investor or owner-operator seeking a well-located multifamily asset with stable income, strong rental demand, and substantial upside potential in one of Minneapolis' most established neighborhoods.

office_logo

Matthews Real Estate Investment Solutions is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Positive Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 6/16/2026 10:16:00 PM.

3343 15th Avenue South is a classic up-down five-unit apartment building built in 1905 and ideally positioned directly across from Powderhorn Park, the Powderhorn Park Recreation Center, public pool, and adjacent parking lot. Located in a proven rental corridor of South Minneapolis, the property features spacious units with hardwood floors, high ceilings, strong natural light, and a history of consistent occupancy. Well-maintained through attentive ownership and professional management, the property has benefited from consistent care and investment over time. The asset generates attractive current cash flow while offering significant value-add potential through improved operational efficiencies. Offered at $580,000 with a pro forma cap rate of 8.6%, the property presents an excellent opportunity for a first-time investor or owner-operator seeking a well-located multifamily asset with stable income, strong rental demand, and substantial upside potential in one of Minneapolis' most established neighborhoods.

office_logo

Matthews Real Estate Investment Solutions is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Positive Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 6/16/2026 10:16:00 PM.