3154 15th Ave S Minneapolis, MN 55407

Listing details for 3154 15th Ave S, Minneapolis, MN 55407 : Outstanding owner-occupant/investment opportunity less than a block from Powderhorn Park! This triplex offers over 3,500 finished sq. ft. above grade with a 4BR/1BA main-floor unit, 3BR/1BA second-floor unit, and 2BR/1BA third-floor unit. The main-floor unit is rented for $2,275 with the same tenant for over 5 years. The vacant second-floor unit was rented through June for $2,090 and has just been renovated with new kitchen cabinets, countertops and appliances, fresh paint throughout, while preserving beautiful original built-ins and carved woodwork. The third-floor unit was renovated in 2026 and is leased at $1,250/month through 3/31/27. Additional highlights include high ceilings, a 2024 roof, 200 Amp Service, two newer porches, triple corner lot, fenced flat backyard, 2-car garage, and off-street parking for at least 3 additional vehicles. The 1,400+ sq. ft. freshly painted unfinished basement offers substantial storage and future value-add potential. Walk to Powderhorn Park, Mercado Central, restaurants and transit; less than a mile to Abbott Northwestern Hospital and convenient to Downtown, the U of M and Minneapolis Institute of Art.