$485,000
SOLD APR 24, 2025
8 Beds
4 Baths
3,874 Sq Ft
1885 Built

Recently Sold

$125 Per Sq Ft

2% Above List Price

9 Days on Market

About This Home

As of April 2025

This one-of-a-kind multi-unit property offers incredible flexibility and income potential in one of Minneapolis' most vibrant neighborhoods. Featuring two spacious units in the main building and two charming units in the converted carriage house-both with new roofs (2024), this property lives like two duplexes on a single lot! Each of the four units boasts 2 bedrooms and 1 bath, with thoughtful layouts and desirable amenities. Three reliable tenants are already in place, making this an ideal turnkey investment opportunity for both owner-occupants and investors alike. Live in one unit while generating steady rental income from the others! Nestled in Lyndale, you’ll enjoy a walkable, bike-friendly community with easy access to shops, dining, parks, and public transit. Don't miss this rare chance to own a truly unique and income-producing property in a prime Minneapolis location! Plan your tour of this new listing today!

Last Agent to Sell the Property

Graham Smith Team

Keller Williams Realty Integrity Lakes Listed on: 03/17/2025

Keller Williams Realty Integrity Lakes

Co-Listed By

Timothy Fisher

Keller Williams Realty Integrity Lakes

Last Buyer's Agent

Dana Mavros

Keller Williams Realty Integrity Lakes

Keller Williams Realty Integrity Lakes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,478

Year Built

  • Built in 1885

Lot Details

  • Lot Dimensions are 42x124

Interior Spaces

  • 3,874 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating System
  • Boiler Heating System
  • 100 Amp Service

Community Details

  • 4 Units
  • Bakers 2Nd Add Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for sewer, trash collection
  • Assessor Parcel Number 0302824130045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,478

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Other
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1885
  • Above Grade Finished Sq Ft: 3874
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished
  • Living Area: 3874
  • Owner Pays: Sewer, Trash Collection
  • Basement YN: Yes
  • Appliances: Gas Water Heater,Range
  • Total Rooms: 5
  • Appliances: Gas Water Heater,Range
  • Total Rooms: 6
  • Appliances: Gas Water Heater,Range
  • Total Rooms: 5
  • Appliances: Gas Water Heater,Range
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 8

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: None
  • Neighborhood: Lyndale
  • PatioPorchType: Patio,Porch

Garage/Parking

  • Parking Features: None
  • Garage Square Feet: 0

Utilities

  • Heating: Boiler, Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas
  • Number of Ranges: Four

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Lot Size: 42x124
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 4

Rental Info

  • Expenses: 6008.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 0302824130045
  • Tax Annual Amount: 8478
  • TaxWithAssessments: 8727.0000

Multi Family

  • TenantPays: Cable TV, Electricity
  • Number Of Refrigerators: Four

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
04/24/2025 04/24/25 Sold $485,000 +2.1% $125 / Sq Ft
03/26/2025 03/26/25 Pending -- -- --
03/17/2025 03/17/25 For Sale $475,000 -- $123 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6686223

NorthstarMLS

APN: 03-028-24-13-0045