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3012 Bryant Ave S - 4-Plex 3012 Bryant Ave S 4 Unit Apartment Building $825,422 CAD ($206,356 CAD/Unit) Minneapolis, MN 55408
Investment Highlights
- Mix of 2-bed and 3-bed units
- On-site laundry available
- Off-street parking available
- High Vacancy in 2025, now stabilized and fully occupied
Executive Summary
3012 Bryant Ave S is a 4-plex multifamily property located in the heart of Uptown in Minneapolis, now 100% occupied and fully stabilized at $5,968 per month in gross rents.
All four units are on current leases signed at market rates, including two new leases signed in 2026 that run into 2027. Unit 2 has been home to the same tenant since 2023, who also serves as the building's caretaker.
The building offers a desirable mix of 2-bed and 3-bed layouts ranging from approximately 900 to 1,000 square feet. Units feature hardwood floors, generous closet space, and upper-floor porches, with updates made to kitchens and baths.
Tenants are responsible for their own electricity and cooking gas, and water, sewer, and trash are charged back to three of the four units through RUBS billing, keeping owner operating costs in check. Owner-owned laundry adds a further income stream with room to grow.
With a Walk Score of 96 and strong transit access, this property sits in one of the city's most connected neighborhoods, just blocks from Bde Maka Ska and Lake of the Isles. Lakeside trails, dining, retail, and nightlife are all within easy reach.
Outside, a fenced backyard provides shared green space for tenant enjoyment. The parking lot accommodates four deep parking spots with room for tandem parking, which is a meaningful amenity in a high-demand rental submarket where off-street parking adds real competitive value.
Reach out to the listing agents for the financials and to schedule a tour.
All four units are on current leases signed at market rates, including two new leases signed in 2026 that run into 2027. Unit 2 has been home to the same tenant since 2023, who also serves as the building's caretaker.
The building offers a desirable mix of 2-bed and 3-bed layouts ranging from approximately 900 to 1,000 square feet. Units feature hardwood floors, generous closet space, and upper-floor porches, with updates made to kitchens and baths.
Tenants are responsible for their own electricity and cooking gas, and water, sewer, and trash are charged back to three of the four units through RUBS billing, keeping owner operating costs in check. Owner-owned laundry adds a further income stream with room to grow.
With a Walk Score of 96 and strong transit access, this property sits in one of the city's most connected neighborhoods, just blocks from Bde Maka Ska and Lake of the Isles. Lakeside trails, dining, retail, and nightlife are all within easy reach.
Outside, a fenced backyard provides shared green space for tenant enjoyment. The parking lot accommodates four deep parking spots with room for tandem parking, which is a meaningful amenity in a high-demand rental submarket where off-street parking adds real competitive value.
Reach out to the listing agents for the financials and to schedule a tour.
Data Room Click Here to Access
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $825,422 CAD | Building Class | C |
| Price Per Unit | $206,356 CAD | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 3,848 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1915/2010 |
| Apartment Style | Low-Rise | Parking Ratio | 1.04/1,000 SF |
| Zoning | R3 - CM3 | ||
| Price | $825,422 CAD |
| Price Per Unit | $206,356 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 3,848 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1915/2010 |
| Parking Ratio | 1.04/1,000 SF |
| Zoning | R3 - CM3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 2 | $2,321 CAD | 1,000 |
| 2+1 | 2 | $1,791 CAD | 900 |
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Exceptionally walkable
90/100
Moderately drivable
60/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 04-028-24-11-0050 | Total Assessment | $932,906 CAD (2025) |
| Land Assessment | $325,897 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $607,009 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
04-028-24-11-0050
Land Assessment
$325,897 CAD (2025)
Improvements Assessment
$607,009 CAD (2025)
Total Assessment
$932,906 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
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