3540 11th Avenue SMinneapolis, MN 55407
$1.25 million
6,300 finished sq ft · 0.18 acre lot
About this home
11-unit all 1BR/1BA multifamily in Minneapolis's Powderhorn Park neighborhood offered at $1,250,000 ($113,636/door). Less than a block from Powderhorn Park's 66 acres of green space, lake, tennis courts, playgrounds, and recreation center, the property sits in one of the most tenant-friendly locations in the submarket. Recent capital upgrades include newer windows, updated electric panels, a newer boiler, and many units renovated within the last few years. The property is part of the Minneapolis 4D program providing low taxes and has received numerous new appliances through energy efficiency programs. Stable in-place cash flow with a potential NOI of $94,185 and clear value-add upside remaining on turns. Available individually or as part of a 7-property, 89-unit South Minneapolis portfolio offered at $9,750,000. Refer to OM for more details.
Home facts
- Home type
- Single-family home
- Style
- Other
- Year built
- 1960
- Finished sq ft
- 6,300
- Lot
- 0.18 acres
- Heating
- Electric, Natural Gas
- Property taxes
- $8,318 a year
- Listed
- June 8, 2026
- MLS number
- 7088981
Listing courtesy of Commercial Investors Group LLC (Mike Sowers). MLS #7088981.
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How it compares
3540 11th Avenue S, Minneapolis, MN 55407 is a single-family home built in 1960 in Powderhorn Park, listed for $1.25 million on June 8, 2026 by Commercial Investors Group LLC. That is in the upper quarter of the 672 single-family homes for sale in Minneapolis right now (median $350,000; $198 per square foot here against $207 for the group). That works out to $198 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Minneapolis community guideSchools, commutes, parks, home values and local stories.
- Powderhorn Park, MinneapolisThe neighborhood guide: homes, history, parks and market numbers.
- Minneapolis housing market, September 2026Homes sold for a median $353,500 over 12 months (+2.5%), 54 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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