3514 Grand Ave S Minneapolis, MN 55408
Lyndale NeighborhoodEstimated payment $6,196/month
About This Home
Seize a remarkable chance to own a triplex in the desirable Uptown Minneapolis, built in 2005. This property features three generously sized units with thoughtful layouts, perfect for both investors and those looking to reside in a vibrant community. Each unit is equipped with updated kitchen and bathrooms, in-unit laundry, large closets, separate utilities and a garage stall for each unit, providing hassle-free parking for residents. Additionally, a bonus studio apartment adds a non-conforming fourth unit, offering flexibility for extra rental income or an ideal home office/studio. Situated in a lively area filled with trendy shops, dining options, and parks, this triplex represents a unique blend of modern living and investment potential—don’t let this opportunity pass you by!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,312
Year Built
- Built in 2005
Parking
- 3 Car Garage
Home Design
- Triplex
- Vinyl Siding
Interior Spaces
- 2-Story Property
Bedrooms and Bathrooms
- 9 Bedrooms
- 7 Bathrooms
Finished Basement
- Block Basement Construction
- Basement Window Egress
Additional Features
- Lot Dimensions are 45x129
- Forced Air Heating System
Community Details
- 3 Units
- Bakers Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 0302824320126
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $14,312 | $761,000 | $140,000 | $621,000 |
| 2023 | $12,615 | $761,000 | $137,000 | $624,000 |
| 2022 | $11,280 | $686,000 | $137,000 | $549,000 |
| 2021 | $10,847 | $664,000 | $120,000 | $544,000 |
| 2020 | $9,801 | $664,000 | $147,300 | $516,700 |
| 2019 | $9,026 | $644,500 | $108,800 | $535,700 |
| 2018 | $8,025 | $586,000 | $108,800 | $477,200 |
| 2017 | $7,668 | $498,000 | $98,900 | $399,100 |
| 2016 | $6,886 | $433,000 | $98,900 | $334,100 |
| 2015 | $6,236 | $376,400 | $98,900 | $277,500 |
| 2014 | -- | $287,000 | $97,600 | $189,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/03/2025 10/03/25 | For Sale | $950,000 | +107.4% | $194 / Sq Ft | |
| 06/13/2014 06/13/14 | Sold | $458,000 | 0.0% | $104 / Sq Ft | View Prior Sale |
| 05/21/2014 05/21/14 | Pending | -- | -- | -- | |
| 05/21/2014 05/21/14 | For Sale | $458,000 | +2.9% | $104 / Sq Ft | |
| 04/26/2013 04/26/13 | Sold | $445,000 | -6.3% | $101 / Sq Ft | View Prior Sale |
| 04/01/2013 04/01/13 | Pending | -- | -- | -- | |
| 02/25/2013 02/25/13 | For Sale | $474,900 | -- | $108 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $685,000 | Watermark Title Agency | |
| Warranty Deed | $458,000 | Gibraltar Title Agency Llc | |
| Warranty Deed | $431,911 | Burnet Title | |
| Interfamily Deed Transfer | -- | Burnet Title | |
| Foreclosure Deed | $300,000 | -- | |
| Contract Of Sale | $870,000 | -- | |
| Warranty Deed | $870,000 | -- | |
| Warranty Deed | $210,000 | -- | |
| Warranty Deed | $142,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $548,000 | Commercial | |
| Previous Owner | $366,400 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $333,750 | New Conventional | |
| Previous Owner | $870,000 | Land Contract Argmt. Of Sale |
Source: NorthstarMLS
MLS Number: 6795761
APN: 03-028-24-32-0126
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