$499,900

3400 Elliot Ave S Minneapolis, MN 55407

$5,936
Closing credit¹
4,200 sqft
$119 / sqft
Multi-Family

Property details

About 3400 Elliot Ave S

Welcome to this classic fourplex on a corner lot in the vibrant Powderhorn Park neighborhood of Minneapolis! Whether you’re an investor looking for income potential or an owner-occupant seeking a multi-unit home, this rare offering—complete with split utilities—promises a blend of character, convenience, and long-term value in a sought-after location. This well-maintained investment property offers four charming 1-bedroom, 1-bath units, each showcasing original built-in storage and buffets, rich hardwood floors throughout, fresh interior and exterior paint, and private back porches/decks overlooking the fully fenced yard with updated river rock landscaping—perfect for relaxation or play. Each unit also has a three-season front porch, great for extra living space or storage. The shared basement provides individual storage lockers and shared laundry for tenant convenience, while a detached two-stall garage and additional parking pad (fits 4 cars) deliver valuable off-street parking. Recent updates include a new hot water heater (‘25), new LED overhead lighting fixtures throughout, electronic locks for added security, new gutters, and four high-efficiency furnaces. Powderhorn Park is down the street and is a highly desirable area known for its community-focused events, strong rental demand, and convenient proximity to downtown, public transit, parks, local shops, and dining options. Don't miss out!

Highlights

Home typeQuadruplex
HeatingHot Water
StatusActive
Size4,200 sqft
BasementYes
Year built1914
ParkingDetached
MLS #6729868
Garage2 spaces

Summary

  • Basement: Yes
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached
  • Heating: Hot Water
  • List Price: $499,900
  • Price/SqFt: $119
  • Lot: Corner Lot
  • Directions: Park Ave to 34th Street on Corner of Elliot Ave S.
  • Year Built: 1914
  • Living Area: 4,200 SqFt
  • MLS Number: 6729868
  • MLS Name: NORTHSTAR
  • Office Name: RE/MAX Results

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3400 Elliot Ave S, Minneapolis, MN 55407 - view of front of property featuring a gate and a fenced front yard

$499,900

3400 Elliot Ave S

$5,936

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

3

Green Central Park Elementary School

Public District PK-5

0.5 mi

3416 4th Ave S

4

Bancroft Elementary School

Public Magnet PK-5

0.6 mi

3829 13th Ave S

4

Lyndale Community School

Public District PK-5

1.1 mi

312 W 34th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $60,096. Most Minneapolis, MN residents have annual incomes less than $<35k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

38%
<35k
33%
35k-100k
27%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

48%
Single, No Kids
24%
Single, with Kids
14%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
8%
12-17 yrs old
35%
18-34 yrs old
32%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Boston MarketBoston Market
  • White CastleWhite Castle

What do the neighbors drive?

  • NissanNissan
  • HondaHonda
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 3400 Elliot Ave S

The listing price of 3400 Elliot Ave S property is $499,900.

The property 3400 Elliot Ave S is a multi located in Minneapolis, Minnesota, 55407.

Active Listing: 3400 Elliot Ave S is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 3400 Elliot Ave S are: Green Central Park Elementary School (GreatSchools Rating 3/10), Bancroft Elementary School (GreatSchools Rating 4/10), Lyndale Community School (GreatSchools Rating 4/10), Hiawatha College Preparatory - Kingfield (GreatSchools Rating 5/10), Aurora Middle School (GreatSchools Rating 1/10), Southside Family Charter School (GreatSchools Rating 5/10), Wellstone High School - Sws (GreatSchools Rating 2/10), Wellstone International High School (GreatSchools Rating 1/10), South High School (GreatSchools Rating 4/10).

The property 3400 Elliot Ave S is 4,200 SqFt (source: MLS/tax record).

The year of construction for 3400 Elliot Ave S is 1914.

This home is located at 3400 Elliot Ave S in Minneapolis, MN and zip code 55407 in the Powderhorn neighborhood. This 4,200 square foot home was built in 1914. Features: 0 bathroom. It has been listed on Rocket Homes since May 30, 2025 and is currently priced at $499,900.

Minneapolis, MN housing market in May 2025 saw over 641 listings sold above listed price, more than 220 sold at listed price and over 368 sold below. Between April and May 2025, Minneapolis, MN real estate market has seen increase in the number of listings by 16.4%. The median list price of listings available in May 2025 was $355,510, while the average time on the real estate market was 26 days.

From Rocket Homes Real Estate and based on county public records data.

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