$750,000
Off-Market Date: 06/06/20263606 E 34th Street Minneapolis, MN 55406
Pending MLS# 7068138
5,500 sq ft Commercial
Details for 3606 E 34th Street
MLS# 7068138
Description for 3606 E 34th Street, 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.
Listing Information
Property Type: Commercial, Apartments/Multi Family
Status: Pending
Lot Size: 0.13 Acres
Square Feet: 5,500 sq ft
Year Built: 1963
Foundation: 1,750 sq ft
Stories: Three Or More
Subdivision: Auditors Sub 237
Number Of Units Total: 6
Current Use: Residential
County: Hennepin
Days On Market: 32
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Interior Features
Appliances: Dishwasher, Range, Refrigerator, Stainless Steel Appliances
Flooring: Luxury Vinyl Plank,Tile
Basement: Egress Windows, Finished (Livable), Concrete Block, Full
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Separate,Heating Common,Hot Water Common
Cooling: Wall
Heating: Zoned, Boiler, Natural Gas, Hot Water
Exterior / Lot Features
Open Parking: 6
Parking Description: Paved Lot
Exterior: Brick/Stone, Stucco
Roof: Flat, Age Over 8 Years
Lot Dimensions: 74 x 75
Zoning: Residential-Multi-Family
Topography: Level
Additional Exterior/Lot Features: Land Inclusions - Building,Land,Leases,Rental License, Road Frontage - City, Paved Streets
Driving Directions
Hiawatha Ave to East 32nd Street / Go East to 36th Avenue South / South to 34th Street East / Across from Longfellow Park
Financial Considerations
Tenant Pays: Broadband,Cable T.V.,Electric
Owner Pays: Heat,Insurance,Maintenance/Repair,Sewer,Taxes,Trash,Water
Gross Income: 94500
Expense: 29708
Tax/Property ID: 0602823240229
Tax Amount: 10988
Tax Year: 2026
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Apartment Cash Flow, Inc.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Sales History & Tax Summary for 3606 E 34th Street
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 3606 E 34th Street
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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