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3148 Pleasant Avenue

Minneapolis, MN 55408

– beds
– baths
3,000 sqft
$175 per sqft
1886 build
– on site

Welcome to this beautifully updated triplex located in the Lyndale neighborhood of Minneapolis. Featuring two well maintained units on the main level and a massive upper-level unit, each thoughtfully renovated with modern kitchens, stylish bathrooms, updated appliances, and fresh paint throughout. The lower two units are currently occupied by reliable, month-to-month tenants, providing immediate rental income with flexibility for future plans. Brand new coin laundry in the basement only adds to this income potential. Whether you're an investor looking for a solid cash-flowing property or an owner-occupant seeking to offset your mortgage with rental income, this triplex is a perfect fit. Located in a sought-after area near local shops, restaurants, parks, and easy transit options, this property blends convenience with long-term value. Don't miss out on this great turn-key investment opportunity. Plan your tour of this new listing today!

Listing courtesy of NORTHSTAR / Graham Smith / Keller Williams Realty Integrity Lakes

Last checked: Checking… • Last updated Apr 2, 2025 •

MLS# 6681542 —

The Building

Year Built:

1886
New Construction:

false
Age Of Property:

139
Construction Materials:

Stucco
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

1600.0000
Basement:

Shared Access, Unfinished
Basement:

true
Foundation Area:

1600
Building Area Total:

4500
Above Grade Finished Area:

3000

Room Dimensions

Living Area:

3000

Location

Directions:

35W to W 31st St, W to Pleasant, S to Home.
Latitude:

44.944905
Longitude:

-93.283378

The Property

Parcel Number:

0302824220192
Zoning Description:

Residential-Multi-Family
Property Type:

Residential Income
Property Subtype:

Triplex
Additional Parcels:

false
Lot Size Area:

0.1
Lot Size Dimensions:

45x99
Lot Size Units:

Square Feet
Road Frontage Type:

City Street
Road Responsibility:

Public Maintained Road
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

7835
Tax With Assessments:

7834.7600

Heating & Cooling

Heating:

Boiler, Radiant

Utilities

Electric:

Circuit Breakers
Sewer:

City Sewer/Connected

Appliances

Refrigerator:

Three

Schools

High School District:

Minneapolis

The Community

Subdivision Name:

Motor Line Add
Association Amenities:

Coin-op Laundry Owned
Assessment Pending:

No

Parking

Parking Features:

On-Street Parking Only

Extra Units

# of Units Total:

3

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/2/25 Apr 2, 2025	Pending	NORTHSTAR	$525,000
3/19/25 Mar 19, 2025	Listed / Active	NORTHSTAR	$525,000
3/7/25 Mar 7, 2025	Coming Soon	NORTHSTAR	$525,000	16.7% (4.7% / YR)

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This multifamily located in Powderhorn, Minneapolis, MN 55408 is currently pending sale for $525,000. 3148 Pleasant Avenue is a 3,000 square foot multifamily with – beds and – baths that has been on Estately for 39 days. 3148 Pleasant Avenue is in the Powderhorn neighborhood of Minneapolis and has a WalkScore® of 86, making it very walkable. This multifamily is in the attendance area of Lyndale Elementary School, Washburn High School, and Justice Page (Ramsey) Middle School.

Listing Courtesy of: NORTHSTAR and Keller Williams Realty Integrity Lakes.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

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.