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3606 E 34th StreetMinneapolis, MN 55406

$749,000

5,500 finished sq ft · 0.13 acre lot

About this home

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.

Home facts

Home type: Single-family home
Style: Other
Year built: 1963
Finished sq ft: 5,500
Lot: 0.13 acres
Basement: Block, Finished, Full
Heating: Natural Gas, Hot Water, Zoned
Cooling: Wall Unit(s)
Property taxes: $10,988 a year
Listed: May 5, 2026
MLS number: 7068138

Listing courtesy of Apartment Cash Flow, Inc. (Nathan P. Opatz). MLS #7068138.

Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.

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 Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Keller Williams Preferred Realty participates in Regional MLS’s Broker Reciprocity℠ program, allowing us to display other brokers’ listings on our site. However, Keller Williams Preferred Realty displays only listings located in the Minnesota communities covered on this website. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Listing data last updated November 3, 2026 at 8:49 PM (Central). Use of listing data is subject to the license agreement. Open House information is subject to change without warning.

How it compares

3606 E 34th Street, Minneapolis, MN 55406 is a single-family home built in 1963 in Longfellow, listed for $749,000 on May 5, 2026 by Apartment Cash Flow, Inc.. That is in the upper quarter of the 672 single-family homes for sale in Minneapolis right now (median $350,000; $136 per square foot here against $207 for the group). That works out to $136 per finished square foot.

Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 8:49 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.

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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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3606 E 34th StreetMinneapolis, MN 55406

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