3535 Irving Avenue S, Minneapolis, MN 55408

$899,900
Property Type: Multi-Family Bedrooms: 7 Baths: 4 Square Footage: 5,080 Lot Size (sq. ft.): 6,534 Status: Pending
Current Price: $899,900 List Date: 5/14/2026 Last Modified: 6/28/2026

Overview

Description

Absolutely splendid owner occupied tri-plex with non-conforming lower-level 4th unit. Three 2br units and one 1br. Situated only steps from Bde Maka Ska! Same owner for the last 42 years. Incredible home for an owner-occupant or a fantastic investment opportunity as a positive cash-flow income property when fully rented at current market rates. Modern updates with classic historic millwork and hardwood floors. The bones are amazing, new roof in 2024 and updated electrical and plumbing. A backyard patio to die for!!! Views of Bde Maka Ska.

Listing Details MLS# 7073936

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
Yes
Waterfront YN
No
Year Built
1936
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1315
Above Ground SqFt
3765
Below Grd Total SqFt
1315
Total SqFt
5080
Foundation Size
1500
Style
(MF) Four Plex
Total Finished Sqft
4165.00
Power Company
Xcel Energy
Garage Stalls
3
Lot Dimensions
52x128
Acres
0.15
Assessment Pending
No

Property Features

Accessible: None Amenities Shared: Patio Assumable Loan: Not Assumable Basement: Concrete Block; Kitchenette; Partially Finished; Storage Space Construction Materials: Frame Construction Status: Previously Owned Electric: 200+ Amp Service Existing Financing: Free and Clear Exterior: Brick/Stone; Stucco Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler Internet Options: Fiber Optic Laundry: Laundry Room; Lower Level Lock Box Type: Combo Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Light Owner Pays: Exterior Maintenance; Gas; See Remarks; Water Pool Description: None Rental License Type: Standard Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Asphalt Shingles; Asphalt-Rolled Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Tenant Pays: Electricity; Gas Topography: High Ground Unit 1 Amenities: Hardwood Floors; Natural Woodwork Unit 1 Appliances: Dishwasher; Disposal; Freezer; Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Window Unit 1 Dining Room Description: Separate/Formal Dining Rm Unit 1 Family Room Characteristics: Main Level Unit 1 Fireplace Char: Wood Burning Unit 2 Amenities: Hardwood Floors Unit 2 Appliances: Dishwasher; Disposal; Freezer; Range; Refrigerator Unit 2 Bath Description: Main Floor Full Bath Unit 2 Cooling: Window Unit 2 Dining Room Description: Separate/Formal Dining Rm Unit 2 Family Room Characteristics: Main Level Unit 2 Fireplace Char: Wood Burning Unit 3 Amenities: Hardwood Floors Unit 3 Appliances: Dishwasher; Microwave; Range; Refrigerator Unit 3 Bath Description: Main Floor Full Bath Unit 3 Cooling: Window Unit 3 Dining Room Description: Eat In Kitchen Unit 3 Family Room Characteristics: Main Level Unit 4 Appliances: Refrigerator Unit 4 Bath Description: Main Floor 3/4 Bath Unit 4 Cooling: None Unit 4 Dining Room Description: Eat In Kitchen Unit 4 Family Room Characteristics: Main Level Water: City Water/Connected

Contract Information

Off Market Date
2026-06-28
Contingency
None
Original List Price
899900
ListPrice
899900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
3535
Street Name
Irving
Street Suffix
Avenue
Street Direction Suffix
S
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55408
Complex/Dev/Subdivision
Calhoun Park

Assessments

Tax With Assessments
16279.74
Assessment Balance
0

Basement

Foundation Dimensions
30x50
Concrete Block
Yes
Kitchenette
Yes
Partially Finished
Yes
Storage Space
Yes

More Information

Building Information

Finished SqFt Above Ground
3765
Finished SqFt Below Ground
400

Income and Expenses

Annual Electric Expense
840
Annual Fuel Expense
3477
Annual Gross Expenses
15527
Annual Gross Income
96000
Annual Insurance Expense
6200
Annual Maintenance Expense
750
Annual Net Income
80473
Annual Repair Expense
750
Annual Water/Sewer Expense
3600
Total Annual Expenses
15527
Annual Caretaker Expense
0
Annual Trash Expense
0
Misc Monthly Income
0
Misc. Annual Income
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
30x24
Garage Door Height
7
Garage Door Width
8
Garage Square Feet
720

Public Survey Info

Range#
24
Section#
04
Township#
28

Unit 1

Furnished?
Yes
Leased?
No
Level
Main Level
Unit Number
Yes
# of Fireplaces
Yes
Finished SqFt
1315
Full Baths
Yes
Monthly Expense
250
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
6

Unit 2

Furnished?
Yes
Lease Expiration Date
2026-07-31
Leased?
Yes
Level
2nd Level
Unit Number
2
# of Fireplaces
Yes
Annual Rent
24000
Finished SqFt
1315
Full Baths
Yes
Monthly Rent
2000
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
6

Unit 3

Furnished?
No
Leased?
No
Level
3rd Level
Unit Number
3
Annual Rent
21600
Finished SqFt
1010
Full Baths
Yes
Monthly Rent
1800
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit 4

Furnished?
No
Leased?
No
Level
Below Ground
Unit Number
4
Annual Rent
9600
Finished SqFt
400
Full Baths
Yes
Monthly Rent
750
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
3

Unit Details

Total Units
4

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
BLOCK 063 CALHOUN PARK N 18 FT OF LOT 12 AND S 34 FT OF LOT 13
Listing City
Minneapolis
Map Page
120
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
3337
Property ID Number
0402824310137
Tax Year
2026
Tax Amount
16269.74
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Absolutely splendid owner occupied tri-plex with non-conforming lower-level 4th unit. Three 2br units and one 1br. Situated only steps from Bde Maka Ska! Same owner for the last 42 years. Incredible home for an owner-occupant or a fantastic investment opportunity as a positive cash-flow income property when fully rented at current market rates. Modern updates with classic historic millwork and hardwood floors. The bones are amazing, new roof in 2024 and updated electrical and plumbing. A backyard patio to die for!!! Views of Bde Maka Ska.
Directions
From I35W, take 36th Street west to Irving, north to 3535 Irving on Right. From Bde Maka Ska east to Irving, go left, property is 5th on the right. From Lake Street go 5 blocks south on Irving, property is on the left.

Accessible

None
Yes

Amenities Shared

Patio
Yes

Assumable Loan

Not Assumable
Yes

Construction Materials

Frame
Yes

Construction Status

Previously Owned
Yes

Electric

200+ Amp Service
Yes

Existing Financing

Free and Clear
Yes

Exterior

Brick/Stone
Yes
Stucco
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes

Internet Options

Fiber Optic
Yes

Laundry

Laundry Room
Yes
Lower Level
Yes

Lock Box Type

Combo
Yes

Lot Description

Public Transit (w/in 6 blks)
Yes
Tree Coverage - Light
Yes

Owner Pays

Exterior Maintenance
Yes
Gas
Yes
See Remarks
Yes
Water
Yes

Patio, Porch and Deck Features

Patio
Yes

Pool Description

None
Yes

Rental License Type

Standard
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Asphalt Shingles
Yes
Asphalt-Rolled
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Topography

High Ground
Yes

Water

City Water/Connected
Yes

No. of Ranges

Three
Yes

No. of Refrigerators

Four
Yes

Tenant Pays

Electricity
Yes
Gas
Yes

Unit 1 Amenities

Hardwood Floors
Yes
Natural Woodwork
Yes

Unit 1 Appliances

Dishwasher
Yes
Disposal
Yes
Freezer
Yes
Range
Yes
Refrigerator
Yes

Unit 1 Bath Description

Main Floor Full Bath
Yes

Unit 1 Cooling

Window
Yes

Unit 1 Dining Room Description

Separate/Formal Dining Rm
Yes

Unit 1 Family Room Characteristics

Main Level
Yes

Unit 1 Fireplace Char

Wood Burning
Yes

Unit 2 Amenities

Hardwood Floors
Yes

Unit 2 Appliances

Dishwasher
Yes
Disposal
Yes
Freezer
Yes
Range
Yes
Refrigerator
Yes

Unit 2 Bath Description

Main Floor Full Bath
Yes

Unit 2 Cooling

Window
Yes

Unit 2 Dining Room Description

Separate/Formal Dining Rm
Yes

Unit 2 Family Room Characteristics

Main Level
Yes

Unit 2 Fireplace Char

Wood Burning
Yes

Unit 3 Amenities

Hardwood Floors
Yes

Unit 3 Appliances

Dishwasher
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes

Unit 3 Bath Description

Main Floor Full Bath
Yes

Unit 3 Cooling

Window
Yes

Unit 3 Dining Room Description

Eat In Kitchen
Yes

Unit 3 Family Room Characteristics

Main Level
Yes

Unit 4 Appliances

Refrigerator
Yes

Unit 4 Bath Description

Main Floor 3/4 Bath
Yes

Unit 4 Cooling

None
Yes

Unit 4 Dining Room Description

Eat In Kitchen
Yes

Unit 4 Family Room Characteristics

Main Level
Yes
IDX
Listing Office: Norton Realty, Inc
Last Updated: June - 28 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.