3400 Elliot Ave, Minneapolis, MN 55407

Welcome to this classic fourplex on a corner lot in the vibrant Powderhorn Park neighborhood of Minneapolis! Whether you’re an investor looking for income potential or an owner-occupant seeking a multi-unit home, this rare offering—complete with split utilities—promises a blend of character, convenience, and long-term value in a sought-after location with 3 of the 4 units currently leased. This well-maintained investment property offers four charming 1-bedroom, 1-bath units, each showcasing original built-in storage and buffets, rich hardwood floors throughout, fresh interior and exterior paint, and private back porches/decks overlooking the fully fenced yard with updated river rock landscaping—perfect for relaxation or play. Each unit also has a three-season front porch, great for extra living space or storage. The shared basement provides individual storage lockers and shared laundry for tenant convenience, while a detached two-stall garage and additional parking pad (fits 4 cars) deliver valuable off-street parking. Recent updates include a new hot water heater (‘25), new LED overhead lighting fixtures throughout, electronic locks for added security, new gutters, and four high-efficiency furnaces. Powderhorn Park is down the street and is a highly desirable area known for its community-focused events, strong rental demand, and convenient proximity to downtown, public transit, parks, local shops, and dining options. Don't miss out!