3606 E 34th St - Apartments FOR SALE


Minneapolis, MN 55406- Longfellow
$750,000 USD
952-847-3406
3606 E 34th St, Minneapolis, MN for Sale
$750,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

3606 E 34th St
Minneapolis, MN 55406
Longfellow


HIGHLIGHTS

  • Fully Renovated Six-Unit Apartment
  • Directly Across from Longfellow Park
  • Value-Add Potential w/ Pet Rent, RUBs, etc.

OVERVIEW

3606 E. 34th Street is a well-located, fully renovated six-unit apartment building directly across from Longfellow Park. The property has been thoughtfully updated throughout, with renovated interiors that include modern kitchens and bathrooms, updated flooring and finishes, fresh paint, and cohesive lighting packages across all six units. The result is a clean, low-maintenance asset that appeals strongly to today’s renter profile! Five of the six units are currently occupied with average rents across those five units at $1,276/month. For investors looking to enhance returns, there remains clear upside through the implementation of pet fees, parking fees, and/or a RUBs program. With its turnkey condition, stable tenancy, and premier park-adjacent location in the Longfellow neighborhood, 3606 E. 34th Street offers a compelling blend of current income and future value-add potential for its next owner. Reach out today to schedule your private tour!

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$165 USD /SF

# OF UNITS

6

PRICE/UNIT

$125,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1963

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

OR1

APN/PARCEL ID

06-028-23-24-0229

ASK ABOUT THIS PROPERTY

Paul BegichEMORY PropertiesMore Info
952-847-3406

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Paul BegichEMORY PropertiesMore Info
952-847-3406

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