Minneapolis, MN 55408 3220 Blaisdell Avenue

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Presented By: Edina Realty, Inc.
  • MLS# 7006833
  • 01/09/2026
  • Request Tour
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  • SQFT • 14,640

Home Details

14-Unit Apartment Building for Sale in Minneapolis's Vibrant Lyndale Neighborhood excellent multifamily investment opportunity located at 3220 Blaisdell Avenue South, in the heart of Minneapolis's highly desirable Lyndale neighborhood. This well-positioned 14-unit apartment building offers a strong unit mix, outstanding walkability, and proximity to some of the city's most popular amenities. Property highlights: 14 total units: 8 one-bedroom units 4 two-bedroom units 2 three-bedroom units Located on a dedicated bike lane, appealing to today's active, urban renter Close to the Y (YMCA) and neighborhood fitness and recreation options. Steps from Lyndale Avenue, known for its vibrant mix of restaurants, shops, cafes, and local businesses minutes from Minneapolis's famous Eat Street along Nicollet Avenue, offering some of the city's best dining and nightlife. Location advantages: Walkable, bike-friendly neighborhood with excellent transit access. Strong rental demand driven by nearby dining, retail, and employment centers easy access to downtown Minneapolis, Uptown, and major thoroughfares. This property combines unit diversity, prime location, and urban lifestyle appeal, making it an attractive opportunity for investors seeking stable income and long-term upside in one of Minneapolis's most dynamic neighborhoods.
Presented By: Edina Realty, Inc.

Interior Features for 3220 Blaisdell Avenue

Other Interior Features

BasementFull
Basement (Y/N)Yes
Ceiling Height8-10
FuelNatural Gas
Garage Square Feet

General for 3220 Blaisdell Avenue

AccessibilityNone
Additional Parcels Y/NNo
Amenities UnitHardwood Floors, Security Lights
AppliancesRange, Refrigerator
CityMinneapolis
Construction MaterialsBlock, Post and Beam, Brick
ContingencyNone
CountyHennepin
Current UseResidential
DirectionsNicollet to 32nd West to Blaisdell Avenue South to property.
Fuel Expense10833
Garage Spaces
Gross Income184400
HeatingBoiler
High School DistrictMinneapolis
Insurance Expense8577
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsAcres
MaintenanceExpense53392
Net Operating Income22344
New ConstructionNo
Number Of Units Total14
Operating Expense162056
OwnerPaysHot Water, HVAC Maintenance, Insurance, Grounds Care, Repairs, Management, Roof Maintenance, Security, Sewer, Snow Removal, Taxes, Trash Collection, Water
PostalCityMinneapolis
Property TypeCommercial Sale
RoofAge Over 8 Years
SewerCity Sewer - In Street
Standard StatusActive
Subdivision NameBroom & Suffels Add
Tax Annual Amount29252
Tax Year2025
TopographyLevel
Trash Expense7725
UtilitiesElectric Separate
Water Sewer Expense6642
Year Built1925
Zoning DescriptionResidential-Multi-Family

Exterior for 3220 Blaisdell Avenue

Building Area Total14640
FencingOther, Partial
Foundation Area4880
InclusionsBuilding
Lot Dimensions164x50
Lot FeaturesPublic Transit (w/in 6 blks), Tree Coverage - Light
Lot Size Area0.19
Parking FeaturesParking Lot
Road Frontage TypeCity Street
Water SourceCity Water/Connected

Additional Details

Price History

John Wichmann

Agent
Price $1,470,000
MLS#7006833
List Date 01/09/2026
Property Type Commercial
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