3400 10th Ave S

Located in the Powderhorn Park neighborhood, 3400 10th Ave S sits directly across from Powderhorn Park's tennis courts and green space, placing one of Minneapolis's most recognized 66-acre parks at the front door. Three shopping centers are within 1.2 miles and five parks are within 1.6 miles, with bike trails and neighborhood dining options immediately accessible. The property is nestled just three miles south of Downtown Minneapolis, with strong transit options throughout the corridor. North Central University, Augsburg College, and Abbott Northwestern Hospital are all within minutes, providing a consistent and diverse renter base. Powderhorn Park is a well-established, primarily residential south Minneapolis neighborhood with walkable streets, strong community identity, and the kind of stability that keeps multifamily assets occupied through market cycles.Located in the Powderhorn Park neighborhood on Minneapolis's south side, 3400 10th Ave S is a 12-unit multifamily asset offered at $1,250,000. Built in 1966, the property sits directly across from Powderhorn Park's tennis courts and green space, giving tenants immediate access to one of Minneapolis's most recognized 66-acre parks. Three shopping centers are within 1.2 miles, bike trails and neighborhood dining are immediately accessible, and Downtown Minneapolis is just three miles north. North Central University, Augsburg College, and Abbott Northwestern Hospital are all within minutes, generating consistent renter demand across multiple tenant profiles. The Powderhorn Park submarket is well-established and primarily residential, with the neighborhood stability and walkability that keeps occupancy strong through market cycles. A targeted value-add program on turns provides clear rent upside on top of stable in-place cash flow, making this a straightforward acquisition at a compelling basis.