Listed By
Agency Name: Real Broker, LLC
Agency Phone: 855-450-0442
Shown By
Agent Name: Kris Telkamp
Agent Phone: (320) 808-0162
Agency Title: Counselor Realty
Property Description
A rare turnkey 2005-built fourplex, legally non-conforming, in one of Minneapolis's most in-demand rental submarkets ? this property offers investors a stabilized asset with strong, consistent rents across all four units. The property has had zero vacancies in five years, and strong tenant quality and rental history make it a proven income producer from day one, not a projection. Current gross rents total $7,650 per month, or $91,800 annually. There's also a clear value-add lever: water can be separately metered so tenants cover their own usage, immediately improving NOI. Built in 2005, the property is newer construction than most of the surrounding rental stock, meaning lower near-term capex risk on major systems, and all four units feature modern kitchens, updated baths, and in-unit laundry ? amenities that support premium rents and tenant retention. Located within walking distance to Uptown's restaurants, retail, and transit, the property benefits from the kind of walkability that keeps this submarket in consistent demand and supports long-term appreciation. With stabilized cash flow and a clear expense-reduction opportunity, this non-conforming fourplex offers rare in-place income in one of Uptown's tightest rental markets.
Property Features
Feature Descriptions
Local Schools
3514 Grand Avenue S, Minneapolis, MN 55408
I will get in touch with you shortly.
Estimate Your Payment
Estimated Payment
$ 5,993.75 per month $4,523.52 Principal & Interest $1,222.33 Property Tax $247.89 Homeowner's InsuranceChange Payment Information
Near By
Demographics
3514 Grand Avenue S, Minneapolis, MN 55408
Send an email with a link to
3514 Grand Avenue S, Minneapolis, MN 55408.
Select a format below, new window will open and will prompt you to print.
By searching Listing Data you agree to this End User License Agreement
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Terms of Use
Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/16/2026. The listing information on this page last changed on 08/16/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 08/16/2026 12:00:18 AM EST) or RMLS-MN MLS (last updated Sat 08/15/2026 11:53:23 PM EST). Real estate listings held by brokerage firms other than Counselor Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
By searching Listing Data you agree to this End User License Agreement
© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Privacy Policy / DMCA Notice / ADA Accessibility
3514 Grand Avenue S | MLS# 7079275
This multi-family property located at 3514 Grand Avenue S, Minneapolis, MN 55408 is currently listed for sale with an asking price of $849,900. Grand Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on ktelkamp.counselorrealty.com today.