NOT LISTED FOR SALE
-- Bed
4 Baths
2,133 Sq Ft
4,792 Sq Ft Lot

Last Sold August 25, 2023

Last sale price $340,000 $159 Per Sq Ft

77 Days on Market

Highlights

  • 1-Story Property
  • Hot Water Heating System
  • 2-minute walk to Iris Park

About This Home

As of August 2023

This is truly a one of a kind multi-family that somehow feels like a cabin in the city. Each unit has its own private three season porch with treed views. There is a charm that remains from the 1930's era when this 4-plex was built that is hard to describe though easily felt. The 4 identical studio units, while small, are in huge demand due to their charm and affordability and there is rarely if ever a vacancy. Rents have been intentionally low though there is room for growth. This has been owned for over 35 years by the same owner who has lovingly maintained and updated this building including unique features like Ipe hardwood flooring in all bathrooms, all new gas lines throughout (2021), new water heater (2021), New pex water supply lines to showers (2018), low maintenance and attractive landscaping. 5 parking spaces in back and note that there is one additional space that is owned by the neighbor though it is contiguous to this property. Taxes are currently 4-D classification.

Last Agent to Sell the Property

Alex Goldfarb

Boardwalk Realty Listed on: 06/05/2023

Last Buyer's Agent

Andrew Newton

Edina Realty, Inc.

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,397

Year Built

  • Built in 1936

Lot Details

  • 4,792

Home Design

  • Quadruplex
  • Shake Siding

Interior Spaces

  • 4 Bathrooms
  • 2,133 Sq Ft Home
  • 1-Story Property
  • Basement

Utilities

  • Hot Water Heating System
  • Boiler Heating System

Community Details

  • 4 Units
  • Union Park Subdivision

Listing and Financial Details

  • The owner pays for all utilities, insurance, repairs, taxes
  • Assessor Parcel Number 332923240041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,397

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1936
  • Above Grade Finished Sq Ft: 2133
  • Water Sewer Expenses: 630
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Living Area: 2133
  • Owner Pays: All Utilities, Insurance, Repairs, Taxes
  • Basement YN: Yes
  • Total Rooms: 4
  • Total Rooms: 4
  • Total Rooms: 4
  • Total Rooms: 4

Exterior Features

  • Neighborhood: Merriam Park/Lexington-Hamline

Garage/Parking

  • Other Parking Spaces: 1
  • Other Parking Spaces: 1
  • Other Parking Spaces: 1
  • Other Parking Spaces: 1

Utilities

  • Heating: Boiler, Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Four

Schools

  • Junior High Dist: St. Paul
  • SchoolDistrictNumber: 625
  • SchoolDistrictPhone: 651-767-8100

Lot Info

  • Lot Size: irregular
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Shake Siding
  • Units Total: 4

Rental Info

  • Expenses: 6519.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 332923240041
  • Tax Annual Amount: 4397
  • TaxWithAssessments: 6094.0000

Multi Family

  • ElectricExpense: 960
  • FuelExpense: 1609
  • Number Of Refrigerators: Four

Range of Values:

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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 Change Sq Ft Price
08/25/2023 08/25/23 Sold $340,000 -15.0% $159 / Sq Ft
06/08/2023 06/08/23 For Sale $399,900 -- $187 / 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: 6381830

NorthstarMLS