3831 Grand Avenue SMinneapolis, MN 55409
$625,000
7 bedrooms · 4 bathrooms · 3,444 finished sq ft · 0.13 acre lot
About this home
Classic 1915 fourplex with three of four units rented and a great opportunity to add a 5th unit! The vacant unit is ready for a new tenant or an owner-occupant, making this a great fit for investors and house-hackers alike. The basement already has a kitchen and a bathroom in place and just needs to be finished to create a 2-bedroom fifth unit. The building has three 2-bedroom units and one 1-bedroom unit. Each unit has front and back entries, a living/dining room, a full bath, and a range and refrigerator. Period character runs throughout, with hardwood floors, natural woodwork, paneled doors, and historic millwork. The upper units have skylights and ceiling fans. There are very large front porches on both levels. Tenants pay their own electric, gas, heat, cable, and phone, and the owner pays trash, snow removal, and taxes. The full basement also has storage lockers for each tenant, a common washer and dryer, and daylight and egress windows. There's off-street parking for four on the concrete driveway. The lot is level, on a city street with sidewalks and streetlights, close to public transit, with fiber internet available. Conventional, FHA, and VA financing are accepted.
Home facts
- Home type
- Townhome
- Style
- Quadruplex
- Year built
- 1915
- Bedrooms
- 7
- Bathrooms
- 4
- Finished sq ft
- 3,444
- Lot
- 0.13 acres
- Basement
- Block, Full, Storage Space, Unfinished, Daylight
- Heating
- Natural Gas, Hot Water
- Property taxes
- $10,838 a year
- Listed
- October 9, 2026
- MLS number
- 7138181
Listing courtesy of Keller Williams Premier Realty Lake Minnetonka (Isaac Nagel). MLS #7138181.
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How it compares
3831 Grand Avenue S, Minneapolis, MN 55409 is a 7-bedroom townhome built in 1915 in King Field, listed for $625,000 on October 9, 2026 by Keller Williams Premier Realty Lake Minnetonka. That is in the middle range of the 28 townhomes for sale in Minneapolis right now (median $629,500; $181 per square foot here against $183 for the group). That works out to $181 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.
- King Field, 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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