4429 Portland Ave Minneapolis, MN 55407
Regina NeighborhoodEstimated payment $4,543/month
Total Views
7,033
8
Beds
5
Baths
4,360
Sq Ft
$160
Price per Sq Ft
Highlights
- Porch
- 2 Car Attached Garage
- Coin Laundry
- Hale Elementary School Rated A-
- Hot Water Heating System
About This Home
Prime Investment Opportunity in South Minneapolis! This fully occupied triplex is ideally located just steps from Minnehaha Trail, local coffee shops, and top restaurants. The property features 3 spacious units totaling 8 bedrooms and 5 bathrooms, with one unit currently on a month-to-month lease—offering flexibility for future plans. Highlights include beautiful hardwood floors throughout, a newly renovated basement unit, and a brand-new garage. A rare chance to own a turnkey income property in one of the city’s most walkable and desirable neighborhoods. Owner is the listing agent.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,775
Year Built
- Built in 1931
Parking
- 2 Car Attached Garage
Home Design
- Triplex
- Pitched Roof
Interior Spaces
- 2-Story Property
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Utilities
- Hot Water Heating System
- Boiler Heating System
Additional Features
- Porch
- Lot Dimensions are 50x117
Community Details
- 3 Units
- Coin Laundry
Listing and Financial Details
- The owner pays for insurance, repairs, taxes
- Assessor Parcel Number 1102824330082
Map
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
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2023 | $5,953 | $457,000 | $115,000 | $342,000 |
| 2022 | $6,014 | $431,000 | $109,000 | $322,000 |
| 2021 | $5,551 | $434,000 | $72,000 | $362,000 |
| 2020 | $6,011 | $414,500 | $75,800 | $338,700 |
| 2019 | $7,526 | $414,500 | $50,500 | $364,000 |
| 2018 | $6,851 | $414,500 | $50,500 | $364,000 |
| 2017 | $6,483 | $346,000 | $45,900 | $300,100 |
| 2016 | $6,083 | $315,000 | $45,900 | $269,100 |
| 2015 | $5,546 | $274,000 | $45,900 | $228,100 |
| 2014 | -- | $274,000 | $49,000 | $225,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | For Sale | $699,500 | +213.7% | $160 / Sq Ft |
| 12/20/2013 12/20/13 | Sold | $223,000 | -25.6% | $47 / Sq Ft |
| 11/11/2013 11/11/13 | Pending | -- | -- | -- |
| 03/19/2013 03/19/13 | For Sale | $299,900 | -- | $64 / Sq Ft |
Source: NorthstarMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Guardian Deed | $223,000 | Watermark Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $75,000 | New Conventional | |
| Previous Owner | $371,200 | New Conventional | |
| Previous Owner | $536,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $167,250 | New Conventional |
Source: Public Records
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: 6725446
APN: 11-028-24-33-0082
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 4449 Portland Ave
- 4428 Park Ave
- 4340 Oakland Ave
- 4545 5th Ave S
- 4545 Park Ave
- 352 E 44th St
- 4352 4th Ave S
- 4616 Oakland Ave S
- 4240 Park Ave
- 4600 4th Ave S
- 4301 Columbus Ave
- 4640 Portland Ave
- 4653 Portland Ave
- 323 E 43rd St
- 4701 4th Ave S
- 4301 Elliot Ave
- 4712 Columbus Ave
- 4121 Portland Ave
- 4212 Elliot Ave
- 4105 Columbus Ave
- 4540 3rd Ave S
- 4141 4th Ave S Unit 3
- 4137 4th Ave S Unit A
- 302 E 48th St Unit 2
- 302 E 48th St Unit 1
- 4406-1 Nicollet Ave Unit 1
- 4840 Chicago Ave
- 4201 Nicollet Ave
- 4712 Nicollet Ave
- 4242 15th Ave S Unit 1
- 20 E 40th St
- 4855 Nicollet Ave S
- 3816 Nicollet Ave
- 1008 E 37th St Unit 2
- 5028 Bloomington Ave
- 4633 Lyndale Ave S
- 1818 E 41st St
- 4721 Lyndale Ave S Unit 2
- 4239 Longfellow Ave
- 4528 Bryant Ave S Unit 5