$499,000

Estimated payment $3,360/month

Total Views 4,463
5 Beds
4 Baths
3,468 Sq Ft
$144 Price per Sq Ft

About This Home

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!

Listing Agent

Nate Schammel

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

Co-Listing Agent

Luke Hermanson

MRG Realty Partners, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,571

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 146 x 39

Home Design

  • Quadruplex

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

  • 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
  • Water Sewer Expenses: 3442
  • 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: 4
  • Total Rooms: 4
  • 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
  • SchoolDistrictNumber: 1
  • 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

Map

Range of Values:

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Average Value
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List 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 Change Sq Ft Price
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

Source: NorthstarMLS

MLS Number: 6767976

NorthstarMLS