3012 Bryant Ave S - Apartments FOR SALE


Minneapolis, MN 55408- Uptown Minneapolis
$599,000 USD
651-955-4255
3012 Bryant Ave S, Minneapolis, MN for Sale
$599,000 USD
Apartments - FOR SALE
1/28
null | Request Cap Rate

3012 Bryant Ave S
Minneapolis, MN 55408
Uptown Minneapolis


HIGHLIGHTS

  • Mix of 2-bed and 3-bed units
  • Off-street parking available
  • On-site laundry available
  • High Vacancy in 2025, now stabilized and fully occupied

OVERVIEW

3012 Bryant Ave S is a 4-plex multifamily property located in the heart of Uptown in Minneapolis, now 100% occupied and fully stabilized at $5,968 per month in gross rents. All four units are on current leases signed at market rates, including two new leases signed in 2026 that run into 2027. Unit 2 has been home to the same tenant since 2023, who also serves as the building's caretaker. The building offers a desirable mix of 2-bed and 3-bed layouts ranging from approximately 900 to 1,000 square feet. Units feature hardwood floors, generous closet space, and upper-floor porches, with updates made to kitchens and baths. Tenants are responsible for their own electricity and cooking gas, and water, sewer, and trash are charged back to three of the four units through RUBS billing, keeping owner operating costs in check. Owner-owned laundry adds a further income stream with room to grow. With a Walk Score of 96 and strong transit access, this property sits in one of the city's most connected neighborhoods, just blocks from Bde Maka Ska and Lake of the Isles. Lakeside trails, dining, retail, and nightlife are all within easy reach. Outside, a fenced backyard provides shared green space for tenant enjoyment. The parking lot accommodates four deep parking spots with room for tandem parking, which is a meaningful amenity in a high-demand rental submarket where off-street parking adds real competitive value. Reach out to the listing agents for the financials and to schedule a tour.

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$156 USD /SF

# OF UNITS

4

PRICE/UNIT

$149,750

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3012 Bryant Ave S - 4-Plex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,136 SF

ZONING

R3

APN/PARCEL ID

04-028-24-11-0050

ASK ABOUT THIS PROPERTY

Nate SchammelMRG Realty PartnersMore Info
651-955-4255

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Nate SchammelMRG Realty PartnersMore Info
651-955-4255

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.