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3407 Lyndale Avenue S
Minneapolis MN 55408 US

$955,000

Active Listing ID 7023006
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11 bed
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Lot: 0.13 Acres
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Other

$955,000

Active Listing ID 7023006
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3407 Lyndale Avenue S This extensively remodeled five-unit apartment building represents a rare, turn-key investment opportunity with both immediate income and long-term upside. The property features four spacious two-bedroom, one-bath units and a highly desirable three-bedroom, two-bath unit, complemented by a two-car garage and additional off-street parking. Kitchens have been fully updated with new cabinetry, modern appliances, fresh countertops, and in-unit or on-site laundry options, while refinished flooring, updated paint, select new windows and doors, and refreshed bathrooms with new tile enhance tenant appeal throughout. Importantly for the discerning investor, the ownership approach prioritized durability and longevity—plumbing, electrical, and other behind-the-walls infrastructure were upgraded with a long-term hold strategy in mind, materially reducing future capital expenditure risk. All five units are currently leased. Additional tenant amenities include basement storage lockers and shared laundry. The sale is driven solely by the seller’s pursuit of a new business venture, creating a compelling opportunity to acquire a well-maintained, thoughtfully upgraded asset built for stable performance well into the future.

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Property Features

  • Facts
  • Lot Size: 0.13 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Stucco
  • Floor Covering: Wood
  • Roof Type: Flat, Rubber
  • Heating Fuels: Other (Heating)

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 955000
  • unparsedaddress: 3407 Lyndale Avenue S
  • postalcity: Minneapolis
  • stateorprovince: MN
  • country: US
  • postalcode: 55408
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.13
  • lotsizeunits: Acres
  • lotsizearea: 0.13
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 44.940946
  • longitude: -93.287755
  • listagentfullname: Ryan Fischer
  • listagentemail: Ryan@ProTeamMN.com
  • listagentkey: 3yd-RMLSMN-502041718
  • listagentmlsid: 502041718
  • listagentpreferredphone: 6128886127
  • listagentofficephone: 9528292900
  • listofficekey: 3yd-RMLSMN-5353
  • listofficemlsid: 5353
  • disclaimer: Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RMLSMN
  • yearbuilt: 1925
  • listingcontractdate: 2026-02-17
  • listagenturl: http://www.results.net
  • countyorparish: Hennepin
  • parcelnumber: 0302824320057
  • appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • flooring: Wood
  • heating: Other (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Driveway, Garage, Garage - Detached, Parking Lot, Paved or Surfaced, Unassigned
  • roof: Flat, Rubber
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • exteriorfeatures: Stucco
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -93.28776, 44.940945
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX Results", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Ryan@ProTeamMN.com", "ListBrokerageCity":"Eden Prairie", "ListBrokerageCountry":"US", "ListBrokerageEmail":"getinfo@results.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/RMLSMN/c5ababc320fdd4190120fe00f06b0030/20180509171217397.png", "ListBrokerageName":"RE/MAX Results", "ListBrokeragePhone":"(952) 829-2900", "ListBrokeragePostalCode":"55344", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"11200 W 78th Street", "ListBrokerageWebsiteUrl":"http://www.results.net", "ListOfficeAddress1":"11200 W 78th Street", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Eden Prairie", "ListOfficeCountry":"US", "ListOfficeEmail":"getinfo@results.net", "ListOfficePostalCode":"55344", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - Minneapolis, MN", "ListingURL":"https://listings.listhub.net/pages/RMLSMN/7023006/?channel=rexren", "MLSModificationTimestamp":"2026-02-20T00:11:09Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Commercial", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":14934, "TaxDescription":null, "TaxYear":"2026"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/20/2026 1:02:16 PM GMT
Source Updated Date: 2/21/2026 1:11:41 PM GMT

Courtesy of: Ryan Fischer, RE/MAX Results, Ryan@ProTeamMN.com

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.