$990,000

3514 Grand Ave S Minneapolis, MN 55408

$10,000
Closing credit¹
4,900 sqft
$202 / sqft
Multi-Family

Property details

About 3514 Grand Ave S

This triplex, featuring a fourth non-conforming unit, is located in the heart of Uptown where newer construction buildings like this are rare. It boasts a fully sprinklered interior, in-unit laundry for all four units, and a 3-car garage with a new driveway installed in 2023. The property is easy to rent and close to transportation, making these units highly desirable, with no vacancies in the past five years. Additionally, there is potential to reduce expenses by separately metering water and having tenants cover their own water costs. This is an ideal opportunity for an owner or investor looking for their next property!

Highlights

Home typeTriplex
HeatingForced Air
StatusActive
Size4,900 sqft
BasementYes
Year built2005
ParkingDetached
MLS #6688244
Garage3 spaces

Summary

  • Basement: Yes
  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Detached
  • Heating: Forced Air
  • List Price: $990,000
  • Price/SqFt: $202
  • Annual Tax Amount: $12,615
  • Tax Year: 2023
  • Lot: Few Trees
  • Directions: I-35W to 35th-36th Street, west on 35th Street to Grand Avenue, south to home.
  • Year Built: 2005
  • Living Area: 4,900 SqFt
  • MLS Number: 6688244
  • MLS Name: NORTHSTAR
  • Office Name: Refuge Realty

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view of front of house featuring a balcony

$990,000

3514 Grand Ave S

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 06, 2020
Home Sold
$685,000
Jul 03, 2014
Home Sold
$458,000
May 07, 2013
Home Sold
$445,000
Feb 25, 2009
Home Sold
$267,886
Feb 25, 2009
Home Sold
$300,000
Aug 25, 2008
Home Sold
$740,427
Aug 28, 2007
Home Sold
$870,000
Apr 04, 2006
Home Sold
$870,000
Jun 23, 2005
Home Sold
$210,000

Tax history

YearAssessmentProperty Tax
2023$761,000$12,615
2022$686,000$11,496
2021$664,000$11,279
2020$664,000$10,847
2019$644,500$9,800
2018$586,000$9,025
2017$528,000$8,025

History based on county public records data.

Nearby schools

4

Lyndale Community School

Public District PK-5

0.2 mi

312 W 34th St

3

Green Central Park Elementary School

Public District PK-5

0.7 mi

3416 4th Ave S

2

Whittier International Baccalaureate World School

Public Magnet PK-5

1.1 mi

315 W 26th 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 $54,432. Most Minneapolis, MN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

32%
<35k
54%
35k-100k
11%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

78%
Single, No Kids
8%
Single, with Kids
8%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
2%
12-17 yrs old
48%
18-34 yrs old
36%
35-64 yrs old
3%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • TennisTennis
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • Crate & BarrelCrate & Barrel
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • VolkswagenVolkswagen
  • BMWBMW
  • ToyotaToyota

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 3514 Grand Ave S in Minneapolis, MN and zip code 55408 in the Bakers neighborhood. This 4,900 square foot home was built in 2005. Features: 0 bathroom. It has been listed on Rocket Homes since March 30, 2025 and is currently priced at $990,000.

In April 2025, from all listings sold in Minneapolis, MN there were more than 466 sold above asking price, over 261 sold below and more than 213 were sold right at the asked price. The inventory of homes for sale in Minneapolis, MN between March and April 2025 increased by 23%. Listings spent 28 days on the market in April 2025, and had a median list price of $354,417 during the same period.

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

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