$650,000

Estimated payment $4,355/month

Total Views 2,253
6 Beds
4 Baths
3,735 Sq Ft
$174 Price per Sq Ft

About This Home

PRIME SOUTH MPLS 4-UNIT INVESTMENT - WALKABLE LOCATION! Exceptional opportunity for investors or owner-occupants! This meticulously maintained, four-unit building is nestled in a highly sought-after South Minneapolis neighborhood, just blocks from Bde Maka Ska and the area's vibrant dining and retail scene. The property features a desirable mix of units, including: two 2 bed 1 bath and two 1 bed 1 bath. Current leases offer immediate, solid rental income and stability, with potential for value-add through strategic rent increases or cosmetic updates. Owner is an agent. Information deemed reliable but not guaranteed. Buyer and Buyer’s Agent to verify all measurements, features, income, and expenses. Listing Agent and Seller assume no responsibility for inaccuracies.

Listing Agent

Brian Hauke

Doro Real Estate Listed on: 12/03/2025

Doro Real Estate

Co-Listing Agent

Mike Tracy

Doro Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,216

Year Built

  • Built in 1957

Parking

  • Parking Lot

Home Design

  • Quadruplex

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Partially Finished Basement

  • Drain
  • Basement Storage
  • Basement Window Egress

Additional Features

  • Lot Dimensions are 42x128
  • Forced Air Heating System

Community Details

  • 4 Units
  • Remingtons 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0402824420141

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,216

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Accessibility Features: None
  • Water Source: City Water - In Street
  • Year Built: 1957
  • Above Grade Finished Sq Ft: 2490
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Drain Tiled, Egress Window(s), Partially Finished, Single Tenant Access, Storage Space, Sump Basket
  • Living Area: 3735
  • Below Grade Finished Sq Ft: 1245
  • Basement YN: Yes
  • Total Rooms: 5
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Neighborhood: 70

Garage/Parking

  • Parking Features: Parking Lot
  • Other Parking Spaces: 1

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer - In Street
  • Fuel: Natural Gas

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictPhone: 6126680000

Lot Info

  • Lot Size: 42x128
  • Land Lease: No
  • Additional Parcels: No
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Units Total: 4

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 0402824420141
  • Tax Annual Amount: 11216
  • TaxWithAssessments: 11817

Multi Family

  • TenantPays: Electricity, Gas

Map

Range of Values:

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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 List to Sale Price per Sq Ft Prior Sale
12/03/2025 12/03/25 For Sale $650,000 +11.1% $174 / Sq Ft
06/15/2023 06/15/23 Sold $585,000 -10.0% $117 / Sq Ft View Prior Sale
06/08/2023 06/08/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $649,900 -- $131 / Sq Ft
Source: NorthstarMLS

Source: NorthstarMLS

MLS Number: 6823198

NorthstarMLS