$585,000

3845 Chicago Avenue, Minneapolis, MN 55407

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$585,000

Off-Market Date: 04/21/2026

(21,900) 03/04/2026

3845 Chicago Avenue Minneapolis, MN 55407

Pending MLS# 6768264

5,369 sq ft Commercial

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Data current as of 02/05/2026 02:23:13

Details for 3845 Chicago Avenue

MLS# 6768264

Description for 3845 Chicago Avenue, Minneapolis, MN, 55407


This 6-unit apartment building is classic brownstone building built in 1931. It has five 2-bedroom units and one studio unit. Fully occupied remodeled units. Updated vinyl windows, roof replaced in 2010, six separate furnaces & electric meters and newer coin laundry in the basement. Tier 1 rental license and professionally managed by a reputable local management company. Located in south Minneapolis, the property is near several parks and lakes including Lakes Nokomis, Hiawatha and Powderhorn. No lack of supply of restaurants and retail in the neighborhood.

Listing Information


Property Type: Commercial, Apartments/Multi Family

Status: Pending

Lot Size: 0.13 Acres

Square Feet: 5,369 sq ft

Year Built: 1931

Foundation: 1,790 sq ft

Stories: 2 Stories

Subdivision: Chicago Ave Park

Number Of Units Total: 6

Current Use: Residential

County: Hennepin

Days On Market: 256

Construction Status: Previously Owned

School Information


District: 1 - Minneapolis

Interior Features


Appliances: Range, Refrigerator

Utilities


Water: City Water - In Street

Sewer: City Sewer - In Street

Other Utilities: Electric Common,Heating Common,Hot Water Common

Cooling: Window

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Open Parking: 5

Parking Description: Paved Lot, Garage Dimensions - 0, Garage Door Height - 0, Garage Door Width - 0, Garage Sq Ft - 0.00

Exterior: Brick/Stone

Lot Dimensions: 46.00 X 122.00

Zoning: Residential-Multi-Family,Residential-Single Family

Additional Exterior/Lot Features: Land Inclusions - Building

Driving Directions


I-35W N - Follow I-35W N to 2nd Ave S in Minneapolis. Take exit 14 from I-35W N - Follow E 36th St, Portland Ave S and E 39th St to Chicago Ave

Financial Considerations


Tenant Pays: Electric

Owner Pays: Electric,Gas,Heat,Hot Water,Lawn,Maintenance/Repair,Management,Pest Control,Repairs,Sewer,Snow,Trash,Water

Gross Income: 89346

Expense: 40567

Tax/Property ID: 1102824210101

Tax Amount: 11288

Tax Year: 2025

HomeStead Description: Non-Homesteaded

Sales History

Date Price
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

Schools nearby 3845 Chicago Avenue

Schools in attendance boundaries Grades Distance Rating
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Schools nearby Grades Distance Rating
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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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