3948 Oakland AvenueMinneapolis, MN 55407
$640,000
0.12 acre lot
About this home
3948 Oakland Avenue is a 5-unit multifamily investment opportunity located in the Bryant neighborhood of South Minneapolis. The property is comprised of three two-bedroom units, one three-bedroom unit, & one four-bedroom unit. A new boiler was installed in 2019, and the building has 100-amp electrical service. The building is currently enrolled in the Minneapolis 4D program, providing a significant reduction in annual property tax expense. There are four single stall garages included at the property. All current tenants are on month-to-month leases. The property is well located for easy access to I-35W, as well as for access to numerous additional South Minneapolis area amenities.
Home facts
- Home type
- Single-family home
- Style
- Other
- Year built
- 1920
- Lot
- 0.12 acres
- Garage
- 4 stalls
- Heating
- Natural Gas
- Property taxes
- $2,310 a year
- Listed
- January 1, 2026
- MLS number
- 6826530
Listing courtesy of MRG Realty Partners, LLC (David B Dirkers). MLS #6826530.
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How it compares
3948 Oakland Avenue, Minneapolis, MN 55407 is a single-family home built in 1920 in Bryant, listed for $640,000 on January 1, 2026 by MRG Realty Partners, LLC. That is in the upper quarter of the 672 single-family homes for sale in Minneapolis right now (median $350,000).
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 9:09 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.
- Bryant, 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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