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Hatch Brokered by Real

| Hatch Brokered by Real | Real Brokerage LLC | PLACE

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3537 11th Ave S , Minneapolis, MN 55407
$1,145,000
Est. Payment: $5,915.61/mo
11 Bed
11 Bath
8556 Sqft
Status: Active | Days on site: 111
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41092 - 502037457
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House Description

3537 11th Ave S, Minneapolis, MN 55407 presents an exceptional opportunity to acquire a fully occupied 11-unit multifamily property in one of South Minneapolis’ strongest rental corridors. The building consists of spacious one-bedroom apartments and has maintained a long history of 100% occupancy with consistent tenant demand and active waiting lists, demonstrating the area’s strong need for affordable workforce housing. Located in the highly desirable Powderhorn Park neighborhood near parks, public transit, shopping, restaurants, and universities, the property attracts stable long-term renters including young professionals, students, healthcare workers, and service employees. The asset features updated units, controlled access, on-site laundry, security system, on-site parking in addition to abundant free street parking, and a strong operational history, providing dependable cash flow with additional upside through future rent growth and continued improvements. Current rents are below market, providing investors with a clear value-add opportunity to increase income and maximize returns through strategic rent adjustments while maintaining strong occupancy. Comparable multifamily properties in the immediate area continue to experience low vacancy rates and strong investor demand due to the neighborhood’s affordability, walkability, and accessibility, making this an outstanding opportunity for investors seeking a stabilized, income-producing asset with long-term appreciation potential in a proven Minneapolis rental market.

Highlights

Listed by Ahmed H Samatar , 612-483-7881 Universal Realty LLC , 612-644-7665. Minneapolis/St. Paul and St. Cloud - Northstar MLS

Property Type

Commercial Sale

Lot/Acreage
0.18

Year Built

1961

County

Hennepin

Neighborhood

Maben & Whites Add

School District

Minneapolis

Listing ID

7071343

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:11
  • Bathrooms:11
  • Full Bathrooms:
Air Cond:Window Unit(s)
Fireplaces:
Water:City Water/Connected

Exterior Features

Lot Dimensions:63X123
Zoning:Residential-Multi-Family
Sewer:City Sewer/Connected
Parking Features:Parking Lot
Principal Interest
$5,916
Taxes
$1,641

Home Price

$1,145,000

Loan Details

30 yrs
6.708%

Down Payment

20%
$229,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,915.61

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,915.61 $1,641.11 $0.00 $7,556.72
Yearly $70,987.30 $19,693.30 $0.00 $90,680.60
Total $2,129,618.86 $590,799.00 $0.00 $2,720,417.86
Lender profile image
Will Provost
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Minneapolis, MN).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-06T08:58:07.000Z

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