3024 Chicago Avenue Minneapolis, MN 55407

$579,000
Active
estimated monthly payment
5 Beds  |  3 Baths  |  2,775 Sq Ft  |  Triplex  |  MLS # 7052375
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About The Listing

Rare opportunity to own a highly unique piece of Minneapolis history — this 1908 triplex at 3024 Chicago Avenue has been held by the same family since it was built, now offered to the public for the very first time. 3024 offers two spacious 2BR/1BA units and a studio attic, featuring hardwood floors, natural woodwork, built-ins, and three porches. Included with the sale is the fully renovated carriage house ADU at 3026 Chicago Avenue (same parcel) — a private turnkey 1BR/1BA home with a beautiful modern kitchen, in-unit washer/dryer, and furniture which is included in the sale as well. 3026 was previously rented at $2,100/month. An ideal setup for an owner-occupant seeking added privacy or an investor looking to maximize returns across multiple income streams. Recent combined current rents of $5,600/month with market upside. Great location just blocks from Abbott Northwestern and Children's Hospitals, with easy access to I-35W, Midtown Global Market, and the Lake Street corridor. Fast connections to Downtown Minneapolis and Mall of America via the D Line Rapid METRO. Owner currently pays all utilities. Four off-street parking spaces. Coin-op laundry. Strong in-place cash flow with clear rent upside — a true value-add opportunity in a high-demand rental submarket. All measurements deemed reliable but not guaranteed; buyer to verify.


Listing courtesy of David B Dirkers, MRG Realty Partners, LLC
Purchase Price
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Property Details

Features

 
 
 
Property Type: Other
Status: Active
Contingency Type: None
Year Built: 1908
MLS #: 7052375
Bedrooms: 5
Square Feet: 2,775
Price Per Square Foot: $209
Garage Spaces: 0
Parking Description: Driveway - Other Surface, Open
Sewer Description: City Sewer/Connected
Water: City Water/Connected
Heat Type: Boiler
Basement: Full
Foundation Type: Block, Stone
Days On Market (Continuous): 0
Disability Features: None
Latest Update: 05/27/2026
List Date: 04/24/2026
Listing Agent ID: 506015287
Listing Office: MRG Realty Partners, LLC
Listing Office ID: 26013
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Laundry Features: In Basement, Common Area
Exterior Features: Other
Lot Dimensions: 123x41
Lot Size: 0.12 Acres
School District: Minneapolis
Tax Year: 2026
Estimated Taxes: $7,710
Contingency Type: None
City: Minneapolis
Zip: 55407
County: Hennepin
State: MN

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Listing last updated: 05/27/26

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