Lyndale Elementary
- Enrollment
- 466
- Students per teacher
- 11.4
312 West 34th St, Minneapolis, MN 55408
(612) 668-4000
1 / 36
3310 Chicago Avenue, Minneapolis, MN 55407 - MLS# 7162268
$369,700
Bedrooms
7
Bathrooms
3
Square Feet
3,175
Year Built
1889
Property Type
Residential Income
Heating
Natural Gas, Forced Air
Days on Market
10
School District
1 - Minneapolis
Exceptional investment opportunity! This versatile Minneapolis triplex features 7 bedrooms, 3 bathrooms, and an active
short-term rental operation fully licensed by the City of Minneapolis. With projected annual rental income of $48,000
through a combination of short-term and long-term tenants, this property offers flexibility and income potential for
investors.
Highlights include 7 off-street parking spaces on a concrete driveway, coin-operated basement laundry, a roof
approximately 5 years old, and updated HVAC and air conditioning approximately 3 years ago. An additional basement
bedroom offers future potential, subject to egress and applicable requirements.
Whether you're expanding your portfolio or exploring multiple rental strategies, this property presents an exciting
opportunity to invest in Minneapolis real estate!
Interior Information
BasementPartially Finished
HeatingForced Air
FuelNatural Gas
LaundryIn Basement
ElectricCircuit Breakers
Size & Levels
LevelsTwo
Total Finished Sq Ft3,956 sq ft
Above Grade Finished2,836 sq ft
Below Grade Finished339 sq ft
Main Level Finished1,120 sq ft
Exterior & Parking
ExteriorWood
ConstructionBlock, Concrete
RoofAge 8 Years or Less, Asphalt
FoundationBlock
Patio / PorchDeck, Front Porch
ParkingConcrete, Paved Lot
Lot & Utilities
Property SubtypeTriplex
Lot Size4,059 square feet
Lot Dimensions123x33
ZoningResidential-Multi-Family
SubdivisionD W Ellis Add
TownshipMinneapolis
CountyHennepin
SewerCity Sewer/Connected
WaterCity Water/Connected
Road FrontageCity Street, Sidewalks
FencingChain Link
Financial & Tax Information
Annual Taxes$5,122
Tax Year2026
Tax w/ Assessments$5,122
Assessment PendingNo
Parcel Number0202824230061
List TypeExclusive Right To Sell
Neighborhood at a Glance
In this neighborhood, homes were most commonly built in 1939 or earlier, about 71% of occupied homes are owner-occupied, and the average commute is 24 minutes.
Cost of Ownership
Median home value
$337,900
Lower than the Minneapolis median
The midpoint of estimated values for owner-occupied homes.
Median property taxes paid
$3,679/yr
Lower than the Minneapolis median
The midpoint of annual property taxes paid by homeowners.
Typical monthly owner costs (with mortgage)
$2,174/mo
Similar to the Minneapolis median
Median monthly housing costs for owners with a mortgage.
Typical monthly owner costs (no mortgage)
$788/mo
Lower than the Minneapolis median
Median monthly housing costs for owners without a mortgage.
Median rent
$1,352/mo
Similar to the Minneapolis median
The midpoint of monthly gross rent, including utilities.
Homes in the Area
Owner-occupied homes
71%
Higher than Minneapolis overall
The share of occupied homes lived in by their owners.
Median year built
1938
Similar to the Minneapolis median
The midpoint of years when homes in the area were built.
Home age by decade
The share of homes built during each period.
- 1939 or earlier79%
Types of homes
The share of housing units in each building type.
- Single-family detached64%
- 2-4 units24%
Getting Around
Average commute
24 min
Higher than the Minneapolis median
The average one-way travel time to work for commuters.
How people get to work
The share of workers using each listed way to get to work.
- Drive alone45%
- Work from home31%
Homes with broadband
95%
Similar than Minneapolis overall
The share of households with a broadband internet subscription.
Schools
Minneapolis Public School District
This home is in the Lyndale Elementary, Justice Page Middle and Washburn High attendance areas of Minneapolis Public School District.
Elementary
Middle
Justice Page Middle
- Enrollment
- 1,020
- Students per teacher
- 22.2
1 West 49th St, Minneapolis, MN 55419
(612) 668-4040High
Washburn High
- Enrollment
- 1,521
- Students per teacher
- 17.9
201 W 49th St, Minneapolis, MN 55419
(612) 668-3400
