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3606 E 34th St 6 Unit Apartment Building $1,029,825 CAD ($171,638 CAD/Unit) Minneapolis, MN 55406



Investment Highlights
- Fully Renovated Six-Unit Apartment
- Value-Add Potential w/ Pet Rent, RUBs, etc.
- Directly Across from Longfellow Park
Executive Summary
3606 E. 34th Street is a well-located, fully renovated six-unit apartment building directly across from Longfellow Park. The property has been thoughtfully updated throughout, with renovated interiors that include modern kitchens and bathrooms, updated flooring and finishes, fresh paint, and cohesive lighting packages across all six units. The result is a clean, low-maintenance asset that appeals strongly to today’s renter profile! Five of the six units are currently occupied with average rents across those five units at $1,276/month. For investors looking to enhance returns, there remains clear upside through the implementation of pet fees, parking fees, and/or a RUBs program. With its turnkey condition, stable tenancy, and premier park-adjacent location in the Longfellow neighborhood, 3606 E. 34th Street offers a compelling blend of current income and future value-add potential for its next owner. Reach out today to schedule your private tour!
Property Facts
| Price | $1,029,825 CAD | Building Class | C |
| Price Per Unit | $171,638 CAD | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 5,250 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1963/2023 |
| Property Subtype | Apartment | Parking Ratio | 1.14/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | OR1 | ||
| Price | $1,029,825 CAD |
| Price Per Unit | $171,638 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 5,250 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1963/2023 |
| Parking Ratio | 1.14/1,000 SF |
| Zoning | OR1 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $1,778 CAD | - |
| 1+1 | 5 | $1,778 CAD | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 06-028-23-24-0229 | Improvements Assessment | $727,371 CAD |
| Land Assessment | $123,274 CAD | Total Assessment | $850,645 CAD |
Property Taxes
Parcel Number
06-028-23-24-0229
Land Assessment
$123,274 CAD
Improvements Assessment
$727,371 CAD
Total Assessment
$850,645 CAD
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3606 E 34th St
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