Seller's Agent in 2025
Eric Beise
Wits Realty
(507) 696-4246
1 in this area
108 Total Sales
A potential cash cow! Annual Gross Income of over $83k, with opportunity to increase! 3 of the 4 units in this building have been renovated, with the 4th vacant and ready to upgrade! This property provides a history of great rents and the ability to increase value even more through the renovation of the 4th unit, which does need some TLC. Many of the building's major systems have been updated in the past 6 years including most of the water heaters, HVAC systems and appliances. At nearly a 1% rule, and on a road mixed with single family and multifamily, this property is a gem of Little Canada and your best option to own a 4plex outside of the big cities. Buy it as an owner occupant or as a full rental, either way its primed to be a great addition to any new owner! Two vacant units are available to tour: 2578 (Upper Right), 2576 (Lower Left).
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | Sold | $750,000 | +3.4% | $180 / Sq Ft |
| 05/23/2025 05/23/25 | Pending | -- | -- | -- |
| 05/15/2025 05/15/25 | For Sale | $725,000 | -- | $174 / Sq Ft |
| 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 | $9,490 | $636,300 | $80,000 | $556,300 |
| 2023 | $9,490 | $612,500 | $80,000 | $532,500 |
| 2022 | $8,024 | $612,500 | $80,000 | $532,500 |
| 2021 | $6,552 | $503,300 | $80,000 | $423,300 |
| 2020 | $6,226 | $457,500 | $80,000 | $377,500 |
| 2019 | $7,442 | $409,000 | $80,000 | $329,000 |
| 2018 | $6,656 | $429,800 | $80,000 | $349,800 |
| 2017 | $5,224 | $373,000 | $80,000 | $293,000 |
| 2016 | $4,850 | $0 | $0 | $0 |
| 2015 | $4,870 | $280,800 | $60,000 | $220,800 |
| 2014 | $4,952 | $0 | $0 | $0 |
Seller's Agent in 2025
Eric Beise
Wits Realty
(507) 696-4246
1 in this area
108 Total Sales
K
Seller Co-Listing Agent in 2025
Kosta Alexopoulos
Wits Realty
(612) 719-6677
1 in this area
11 Total Sales
M
Buyer's Agent in 2025
Maiker Xiong
Five Star Realty LLC
(612) 760-0412
2 in this area
72 Total Sales
Source: NorthstarMLS
MLS Number: 6719335