$495,000
SOLD NOV 14, 2025
5 Beds
4 Baths
3,468 Sq Ft
1900 Built

Recently Sold

$143 Per Sq Ft

6% Below List Price

64 Days on Market

About This Home

As of November 2025

If you've been looking for an affordable rental property in one of the best rental neighborhoods in Minneapolis, you've found the right place. Tons of major updates including Boiler / Water Heater, Electrical panels, plumbing and NEW shingled roof (2024) have been recently replaced or updated. Plenty of storage in the basement with laundry on site. Parking in the rear can fit 4-5 cars, and there's room to build a garage if desired. Walkable location with Banks, restaurants, public transport and more all within a few block radius. Unit #3 (2 floor - 2 BR unit ) is turning over at the end of SEP, so come check it out before it's leased for another year!

Last Agent to Sell the Property

Nate Schammel

MRG Realty Partners, LLC Listed on: 08/10/2025

Co-Listed By

Luke Hermanson

MRG Realty Partners, LLC

Last Buyer's Agent

Justin Brama

Edina Realty, Inc.

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,571

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 146 x 39

Parking

  • Parking Lot

Home Design

  • Quadruplex
  • Steel Siding

Interior Spaces

  • 3,468 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Shared Basement
  • Basement Storage

Utilities

  • Boiler Heating System
  • 100 Amp Service

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for electricity, gas, sewer, trash collection
  • Assessor Parcel Number 1202924320117

Community Details

Overview

  • 4 Units
  • Polk Street Sub Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,571

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Leased
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 3468
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Shared Access, Storage Space, Unfinished
  • Living Area: 3468
  • Owner Pays: Electricity, Gas, Sewer, Trash Collection
  • Basement YN: Yes
  • Total Rooms: 6
  • Total Rooms: 4

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Neighborhood: Windom Park

Garage/Parking

  • Parking Features: Parking Lot
  • Other Parking Spaces: 1
  • Other Parking Spaces: 1
  • Other Parking Spaces: 1
  • Other Parking Spaces: 1

Utilities

  • Heating: Boiler
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Lot Size: 146 x 39
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding
  • Units Total: 4

Rental Info

  • Expenses: 11853.0300

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 1202924320117
  • Tax Annual Amount: 8571
  • TaxWithAssessments: 8571.3600

Multi Family

  • TenantPays: Electricity
  • ElectricExpense: 955
  • FuelExpense: 1751

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2025 11/14/25 Sold $495,000 -0.8% $143 / Sq Ft
10/13/2025 10/13/25 Pending -- -- --
09/09/2025 09/09/25 Price Changed $499,000 -4.9% $144 / Sq Ft
08/10/2025 08/10/25 For Sale $524,900 -- $151 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6767976

NorthstarMLS