$449,000
$50K PRICE DROP

Estimated payment $3,049/month

Total Views 7,378
5 Beds
4 Baths
2,561 Sq Ft
$175 Price per Sq Ft

About This Home

Turnkey 4-Unit in Prime Urban Corridor!
Solid investment opportunity with major capital improvements already in place. This well-maintained fourplex features updated plumbing & electrical, newer windows and appliances, refreshed interiors including carpet, paint, and refinished floors. New electrical with separate panels (2020), vinyl siding (2019), windows (2014), chimney tuck-pointing with new caps (2022), new back railings (2023), and a sealed 4-stall parking lot (2025). Positioned just minutes from downtown & U.S. Bank Stadium, the U of M, light rail access, and a strong mix of retail, coffee, and daily conveniences.

Listing Agent

David Wells

Coldwell Banker Realty - Lakes Brokerage Phone: 6128458186 Listed on: 04/23/2026

Coldwell Banker Realty - Lakes

Co-Listing Agent

Wren Wells

Coldwell Banker Realty - Lakes Brokerage Phone: 6128458186

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,008

Year Built

  • Built in 1885

Lot Details

  • Lot Dimensions are 40x144

Home Design

  • Quadruplex
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,561 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • Open Parking
  • Parking Lot

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Community Details

  • 4 Units
  • Cornells 3Rd Add Subdivision

Listing and Financial Details

  • The owner pays for electricity, hot water, insurance, sewer, taxes, trash collection, water
  • Assessor Parcel Number 2602924430113

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,008

Year Built

Built in 1885

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Fourplex
  • Outside Features: Vinyl
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1885
  • Above Grade Finished Sq Ft: 2561
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Y
  • Attribution Contact: 6128458186
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Unfinished
  • Living Area: 2561
  • Owner Pays: Electricity, Hot Water, Insurance, Sewer, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Amenities: Hardwood Floors, Kitchen Window, Main Floor Primary Bedroom, Walk-In Closet
  • Appliances: Range, Refrigerator
  • Amenities: Hardwood Floors, Kitchen Window
  • Appliances: Range, Refrigerator
  • Amenities: Hardwood Floors, Kitchen Window, Main Floor Primary Bedroom
  • Appliances: Range, Refrigerator
  • Total Rooms: 4
  • Amenities: Hardwood Floors, Kitchen Window, Walk-In Closet
  • Appliances: Range, Refrigerator
  • Total Rooms: 4

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Foundation Details: Stone
  • Neighborhood: 78

Garage/Parking

  • Parking Features: Parking Lot, Open

Utilities

  • Heating: Baseboard, Ductless Mini-Split, Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: None
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictPhone: 6126680000

Lot Info

  • Waterfront YN: No
  • Lot Size: 40x144
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Units Total: 4

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 2602924430113
  • Tax Annual Amount: 7008
  • TaxWithAssessments: 7000

Multi Family

  • TenantPays: Broadband, Cable TV, Electricity, Gas
  • ElectricExpense: 693
  • FuelExpense: 671
  • Number Of Refrigerators: Four

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,008 $369,000 $74,900 $294,100
2024 $6,383 $350,000 $74,900 $275,100
2023 $5,775 $361,000 $74,900 $286,100
2022 $5,266 $355,200 $74,900 $280,300
2021 $5,064 $310,000 $75,000 $235,000
2020 $5,237 $310,000 $69,100 $240,900
2019 $4,807 $295,000 $69,100 $225,900
2018 $3,985 $263,500 $34,800 $228,700
2017 $3,690 $195,500 $31,600 $163,900
2016 $3,862 $189,000 $31,600 $157,400
2015 $2,880 $131,500 $24,300 $107,200
2014 -- $121,500 $24,300 $97,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2026 06/17/26 Price Changed $449,000 -7.4% $175 / Sq Ft
05/26/2026 05/26/26 Price Changed $484,900 -2.8% $189 / Sq Ft
04/23/2026 04/23/26 For Sale $499,000 +487.1% $195 / Sq Ft
12/10/2013 12/10/13 Sold $85,000 -43.3% $33 / Sq Ft View Prior Sale
12/02/2013 12/02/13 Pending -- -- --
03/25/2013 03/25/13 For Sale $149,900 -- $59 / Sq Ft
Source: NorthstarMLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $85,000 Midland Title
Warranty Deed $85,000 --
Foreclosure Deed $66,550 --
Contract Of Sale $339,000 --
Warranty Deed $320,000 --
Warranty Deed $175,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $80,000 Unknown
Source: Public Records

Source: NorthstarMLS

MLS Number: 7060996

NorthstarMLS
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