3831 Grand Avenue S - Photo 1
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3831 Grand Avenue S
3831 Grand Avenue S
3831 Grand Avenue S
3831 Grand Avenue S
3831 Grand Avenue S

3831 Grand Avenue S, Minneapolis, MN 55409 - MLS# 7138181

MLS® #: 7138181|Days on Market: 20|Listed: Oct 9, 2026

$625,000

Bedrooms
7
Bathrooms
4
Square Feet
3,444
Acres
0.13
Year Built
1915
Property Type
Residential Income
Heating
Natural Gas, Hot Water
Days on Market
20
School District
1 - Minneapolis

Classic 1915 fourplex with three of four units rented and a great opportunity to add a 5th unit! The vacant unit is ready for a new tenant or an owner-occupant, making this a great fit for investors and house-hackers alike. The basement already has a kitchen and a bathroom in place and just needs to be finished to create a 2-bedroom fifth unit. The building has three 2-bedroom units and one 1-bedroom unit. Each unit has front and back entries, a living/dining room, a full bath, and a range and refrigerator. Period character runs throughout, with hardwood floors, natural woodwork, paneled doors, and historic millwork. The upper units have skylights and ceiling fans. There are very large front porches on both levels. Tenants pay their own electric, gas, heat, cable, and phone, and the owner pays trash, snow removal, and taxes. The full basement also has storage lockers for each tenant, a common washer and dryer, and daylight and egress windows. There's off-street parking for four on the concrete driveway. The lot is level, on a city street with sidewalks and streetlights, close to public transit, with fiber internet available. Conventional, FHA, and VA financing are accepted.

3831 Grand Avenue S, Minneapolis, MN 55409

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Interior Information

BasementBlock, Daylight/Lookout Windows, Egress Window(s), Full, Kitchenette, Owner Access, Shared Access, Storage/Locker, Storage Space, Unfinished
HeatingBoiler, Hot Water
FuelNatural Gas
LaundryIn Basement, Common Area, Sink
ElectricCircuit Breakers

Size & Levels

LevelsTwo
Total Finished Sq Ft5,110 sq ft
Above Grade Finished3,444 sq ft
Main Level Finished1,670 sq ft
Foundation Size42x33

Exterior & Parking

ExteriorStucco, Wood
ConstructionBlock, Frame
RoofFlat, Rubber
FoundationBlock
Patio / PorchFront Porch, Patio, Porch
ParkingConcrete

Lot & Utilities

Property SubtypeFourplex
Lot Size0.13 acres
Lot Dimensions46x125
Lot DescriptionPublic Transit (w/in 6 blks), Tree Coverage - Light
ZoningResidential-Multi-Family
SubdivisionMabies 2nd Add
TownshipMinneapolis
CountyHennepin
SewerCity Sewer/Connected
WaterCity Water/Connected
Road FrontageCity Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
Power CompanyXcel Energy

Financial & Tax Information

Annual Taxes$10,838
Tax Year2026
Tax w/ Assessments$11,257
Assessment PendingNo
Parcel Number1002824220108
Financing OptionsAdj. Rate/Gr Payment, Conventional, VA, FHA, Cash
List TypeExclusive Right To Sell

Location

Call 612-356-2121For Showings and Questions

Neighborhood at a Glance

In this neighborhood, homes were most commonly built in 1939 or earlier, about 67% of occupied homes are owner-occupied, and the average commute is 23 minutes.

Cost of Ownership

Median home value

$456,200

Higher than the Minneapolis median

The midpoint of estimated values for owner-occupied homes.

Median property taxes paid

$5,805/yr

Higher than the Minneapolis median

The midpoint of annual property taxes paid by homeowners.

Typical monthly owner costs (with mortgage)

$2,451/mo

Higher than the Minneapolis median

Median monthly housing costs for owners with a mortgage.

Typical monthly owner costs (no mortgage)

$985/mo

Higher than the Minneapolis median

Median monthly housing costs for owners without a mortgage.

Median rent

$1,404/mo

Similar to the Minneapolis median

The midpoint of monthly gross rent, including utilities.

Homes in the Area

Owner-occupied homes

67%

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 earlier75%

Types of homes

The share of housing units in each building type.

  • Single-family detached57%
  • 2-4 units27%
  • 5+ units14%

Getting Around

Average commute

23 min

Similar to 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 alone49%
  • Work from home33%

Homes with broadband

97%

Higher than Minneapolis overall

The share of households with a broadband internet subscription.

Estimates for the surrounding census tract, not this specific home.

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Schools

Minneapolis Public School District

This home is in the Barton Elementary, Justice Page Middle and Washburn High attendance areas of Minneapolis Public School District.

Elementary

Barton Elementary

Grades PK-5 · 0.6 mi away

Enrollment
508
Students per teacher
15.9

4237 Colfax Ave South, Minneapolis, MN 55409

(612) 668-3580

Middle

Justice Page Middle

Grades 6-8 · 1.4 mi away

Enrollment
1,020
Students per teacher
22.2

1 West 49th St, Minneapolis, MN 55419

(612) 668-4040

High

Washburn High

Grades 9-12 · 1.4 mi away

Enrollment
1,521
Students per teacher
17.9

201 W 49th St, Minneapolis, MN 55419

(612) 668-3400

School assignments can change. Verify enrollment with Minneapolis Public School District.

Sources: Minnesota Department of Education attendance areas (2025-26); NCES Common Core of Data 2024 via the Urban Institute Education Data Portal.

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Listed by: Keller Williams Premier Realty Lake Minnetonka
Source: NorthstarMLS

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Pederson Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.