1

Hiawatha Multifamily Home for Sale

Section Image
  • /29

    $659,000

    • 8 Beds
    • 4 Baths
    • 2,912 Sq Ft

    4348 Minnehaha Ave, Minneapolis, MN 55406

    An excellent investment opportunity awaits with this well-maintained four-unit property in the sought-after Hiawatha Neighborhood, close to Minnehaha Falls. This 4-plex consists of four 2-bedroom units, each having oak hardwood floors, wall-mounted air conditioning units, dishwashers, as well as updated bathrooms and windows throughout.The property features separate hot water heating systems and

    Christian Knudson Coldwell Banker Realty

    4348 Minnehaha Ave, Minneapolis, MN 55406

Why Live in Hiawatha

Hiawatha, a residential neighborhood in Minneapolis, is nestled along the Mississippi River and just north of Minnehaha Regional Park, famous for its 53-foot waterfall. The area features a mix of Craftsman bungalows, Foursquare houses, ranch-style homes, and modern split-level residences, all set on streets shaded by mature elms. Hiawatha exudes a blend of vintage charm and modern energy, with local cafes serving artisanal lattes and the Riverview Theater showcasing indie films and live music. The neighborhood's community spirit is evident in block parties and volunteer activities at the Hiawatha Learning Center. Residents enjoy outdoor attractions such as Lake Hiawatha Park, which offers cross-country skiing and ice skating in winter, and the scenic trails and picnic areas of Minnehaha Regional Park. Minnehaha Avenue, also known as Minnehaha Mile, is a popular shopping destination featuring spots like One on One Bicycle Studio, Parkway Pizza, and The Dripping Root. Hiawatha Elementary School is highly rated, fostering a nurturing and diverse community with rigorous academics. The Minneapolis VA Health Care System, located about 2 miles away, offers 24-hour medical services accessible via the metro bus system.

Home Trends in Hiawatha, MN

Housing Trends

Median Sale Price
$549,900
Median Single Family Sale Price
$549,900
Median Townhouse Sale Price
$269,999
Median 2 Bedroom Sale Price
$395,590
Average Price Per Sq Ft
$259
Number of Homes for Sale
23
Last 12 months Home Sales
36
Months of Supply
7.70
Median List Price
$494,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
69%
How to Buy a Home How to Finance a Home How to Sell a Home