(218) 820-3099
*Appraisal came in at $614,000* CASH FLOWING PROPERTY for owner occupied or having tenants. 2025 Unit 3432 - $1,990.00/month = $23,880.00/year. Unit 3434 - $2,250.00/month = $27,000.00/year. Studio - $500.00/month = $6,000.00/year. Total income: $56,880.00. Opportunity to own just steps from the shores of Lake Bde Maka Ska one of Minneapolis's most iconic and beloved destinations. Unit 3432 underwent a full remodel in 2023 (see supplements for complete list of updates), and a new roof was installed in 2025. Both units feature sizable lower-level storage and private decks. Coin-operated laundry adds another income stream. Unit 3434 Upper level featuring a third-story loft, and an open floor plan. Property is zoned for a triplex - could mean more additional income! Would need to talk to the city for requirements on making it a true triplex if you wish to do so. Basement level can have their entrance in the back and used as a studio. Main level two-year lease ended March 31, 2026; currently vacant and easy to show. Upper level one-year lease in place through July 31, 2026.

Pemberton RE is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Patrick Buckley is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Patrick Buckley, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 5/22/2026 5:39:00 PM.

*Appraisal came in at $614,000* CASH FLOWING PROPERTY for owner occupied or having tenants. 2025 Unit 3432 - $1,990.00/month = $23,880.00/year. Unit 3434 - $2,250.00/month = $27,000.00/year. Studio - $500.00/month = $6,000.00/year. Total income: $56,880.00. Opportunity to own just steps from the shores of Lake Bde Maka Ska one of Minneapolis's most iconic and beloved destinations. Unit 3432 underwent a full remodel in 2023 (see supplements for complete list of updates), and a new roof was installed in 2025. Both units feature sizable lower-level storage and private decks. Coin-operated laundry adds another income stream. Unit 3434 Upper level featuring a third-story loft, and an open floor plan. Property is zoned for a triplex - could mean more additional income! Would need to talk to the city for requirements on making it a true triplex if you wish to do so. Basement level can have their entrance in the back and used as a studio. Main level two-year lease ended March 31, 2026; currently vacant and easy to show. Upper level one-year lease in place through July 31, 2026.

Pemberton RE is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Patrick Buckley is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Patrick Buckley, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 5/22/2026 5:39:00 PM.