$650,000
3513 Emerson Avenue S Minneapolis, MN 55408
For Sale MLS# 6823198
6 beds 4 baths 3,735 sq ft Multi-family
Details for 3513 Emerson Avenue S
MLS# 6823198
Description for 3513 Emerson Avenue S, Minneapolis, MN, 55408
PRIME SOUTH MPLS 4-UNIT INVESTMENT - WALKABLE LOCATION! Exceptional opportunity for investors or owner-occupants! This meticulously maintained, four-unit building is nestled in a highly sought-after South Minneapolis neighborhood, just blocks from Bde Maka Ska and the area's vibrant dining and retail scene.The property features a desirable mix of units, including: two 2 bed 1 bath and two 1 bed 1 bath. Current leases offer immediate, solid rental income and stability, with potential for value-add through strategic rent increases or cosmetic updates.Owner is an agent. Information deemed reliable but not guaranteed. Buyer and Buyer’s Agent to verify all measurements, features, income, and expenses. Listing Agent and Seller assume no responsibility for inaccuracies.
Listing Information
Property Type: Multi-family, Four Plex
Status: Active
Bedrooms: 6
Bathrooms: 4
Lot Size: 0.12 Acres
Square Feet: 3,735 sq ft
Year Built: 1957
Foundation: 2,490 sq ft
Stories: 1 Story
Subdivision: Remingtons 2nd Add
Number Of Units Total: 4
County: Hennepin
Days On Market: 14
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Interior Features
Square Footage above: 2,490 sq ft
Square Footage below: 1,245 sq ft
Basement: Drain Tiled, Egress Windows, Single Tenant Access, Storage Space, Partial Finished, Sump Basket
Utilities
Water: City Water - In Street
Sewer: City Sewer - In Street
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Open Parking: 4
Parking Description: Parking Lot
Exterior: Brick/Stone, Other
Lot Dimensions: 42x128
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 1550
Unit 1 Baths Total: 1
Unit 1 Beds Total: 2
Unit 1 Rooms Total: 5
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1425
Unit 2 Baths Total: 1
Unit 2 Beds Total: 2
Unit 2 Rooms Total: 5
Unit 3 Units Total: 1
Unit 3 Actual Rent: 1195
Unit 3 Baths Total: 1
Unit 3 Beds Total: 1
Unit 3 Rooms Total: 4
Unit 4 Units Total: 1
Unit 4 Actual Rent: 1325
Unit 4 Baths Total: 1
Unit 4 Beds Total: 1
Unit 4 Rooms Total: 4
Driving Directions
35th to Emerson south to property
Financial Considerations
Tenant Pays: Electric,Gas
Gross Income: 65940
Expense: 21300
Tax/Property ID: 0402824420141
Tax Amount: 11216
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Doro Real Estate
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.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 3513 Emerson Avenue S
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 3513 Emerson Avenue S
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Data powered by ATTOM Data Solutions. Copyright© 2025. 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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