New - 1 Day Ago
$750,000
Active
3
Beds
2
Baths
2113
Sqft
0.14
Acres
3814 Lena Smith Blvd, Minneapolis, MN 55406
MLS#: NST7037200
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3606 E 34th St Minneapolis, MN 55406
$750,000
PENDINGBeds
Baths
Sqft
Acres
0.13
Year
1963
Days on Site
1 Day
Property Type
Commercial Sale
Sub Type
Per Square Foot
$750,000
Date Listed
May 5, 2026
Description of 3606 E 34th St, Minneapolis, MN 55406
Listing details for 3606 E 34th St, Minneapolis, MN 55406 : Spectacular six unit recently renovated with all new kitchens and bathrooms. Unit mix is five one-bedroom and one studio apartment all with one full bathroom. Three story all-brick exterior, sitting on 0.13+ acres with off street parking lot. 100% fully rented with on-site coin operated laundry and a newer water heater and high efficiency boiler. The average one-bedroom rents are $1,296 and the studio is at $1,195. This asset is in turn-key condition with a stabilized in place cap rate of 8.63% along with a 7.94 gross rent multiplier. Perfect for the first time investor or for your next 1031 tax exchange.
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Listing Updated : 08-11-2026 at 5:18 AM CDT
Property Details
Property Overview
Listing Price
$750,000
MLS #ID
NST7068138
Price
$750,000
Bedrooms
Bathrooms
Square Footage
Acres
0.13
Year
1963
Days on Site
1 Day
Property Type
Commercial Sale
Property Sub Type
Price per Sq Ft
$0
Date Listed
May 5, 2026
Location
Street Address
3606 E 34th St
City
State
Minnesota
ZIP Code
County
Neighborhood / Subdivision
Driving Directions
Hiawatha Ave to East 32nd Street / Go East to 36th Avenue South / South to 34th Street East / Across from Longfellow Park
Schools
School District
Construction / Architecture
Year Built
1963
Construction Materials
Block and Brick
Foundation
Block
Roof
Age Over 8 Years and Flat
New Construction
No
Price per Sq Ft
$0
Lot Size (Acres)
0.13
Interior Details
Appliances
Dishwasher, Range, Refrigerator and Stainless Steel Appliances
Flooring
Luxury Vinyl Plank and Tile
Fireplace
No
Heating
Boiler, Hot Water and Zoned
Cooling
Wall Unit(s)
Exterior Details
Garage
No
Parking Features
Paved Lot
Exterior Features
Stone and Stucco
Fencing
None
Waterfront
No
Water Source
City Water/Connected
Sewer
City Sewer/Connected
Taxes, HOA & Financing
Annual Property Tax
$10,988.00
HOA Fee Includes
None
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Source
NorthstarMLS as distributed by MLS GRID, MLS#: NST7068138
For more information on this listing contact us at 612-712-1154
Property History
DateEventPrice
8/7/2026
Pending sale
$750,000 0%
Source:NorthstarMLS #NST7068138
NorthstarMLS #NST7068138 5/5/2026
Listed for sale
$750,000
Source:NorthstarMLS #NST7068138
NorthstarMLS #NST7068138Interested in 3606 E 34th St, Minneapolis, MN 55406?
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Based on information submitted to the MLS GRID as of 2026-08-11. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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For more information on this listing contact us at 612-712-1154