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For Sale:  Minneapolis MLS# 6785786

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Active NEW!
$825,000
/mo Edit
Commercial:  Apartments/Retail
Built 1963
0.12 acres
Minneapolis schools
MLS# 6785786
763-576-8286
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    Property Description

    Welcome to 3606 E. 34th Street, a beautifully renovated six-unit apartment building located directly across from Longfellow Park. This fully occupied property has been thoughtfully updated throughout, with each unit featuring new flooring, fresh paint, modern kitchens, updated bathrooms, and a stylish lighting package. Offering both strong rental income and long-term appeal, this turnkey investment is ready for its next owner. Gross rents for the property are currently $7, 675/month with five of the six leases on terms through Spring/Summer of 2026. Opportunity to add additional value by charging for pets, parking, and/or instituting RUBs. Schedule your tour today! (seller financing not available)

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $825,000
    Property Type: Commercial
    City: Minneapolis
    Garage Spaces: 0
    County: Hennepin
    Year Built: 1963
    State: MN
    Property Style: Apartments/Retail
    Zip Code: 55406
    Neighborhood/Area: Longfellow

    Interior

    Ranges: Six or More
    Refrigerators: Six or More
    Appliances Included:
    • Range
    • Refrigerator
    Basement Details: Finished

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 6
    Air Conditioning: Window Unit(s)
    Foundation Size: 1,750 ft2
    Handicap Accessible: None
    Heating System: Baseboard
    Parking Features:
    • Asphalt
    • Open
    • Unassigned
    Shared Amenities:
    • Coin-op Laundry Leased
    • Coin-op Laundry Owned
    • Security
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Exterior Material:
    • Brick/Stone
    • Stucco
    Roof Details: Flat

    Lot & Land

    Acres: 0.12
    Geolocation: 44.941956619, -93.2250745155
    Inclusions: Building, Leases
    Lot Dimensions: 74 X 75
    Zoning: Residential-Multi-Family

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $21,058
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $21,058

    Income

    Annual Gross Income: None

    Rent

    Annual Net Income: None

    Units

    Total Units: 6

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Compass.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.