4517 4th Ave S Minneapolis, MN 55419
Regina NeighborhoodEstimated payment $1,488/month
Highlights
- No HOA
- Stainless Steel Appliances
- 1-Story Property
- Hale Elementary School Rated A-
- Living Room
- Forced Air Heating and Cooling System
About This Home
Beautifully renovated South Minneapolis rambler with tenants in place—a perfect turnkey investment opportunity. This 3-bedroom, 1-bath home was taken down to the studs and rebuilt with quality throughout. Updates include new LVP flooring, fresh paint, modern fixtures, and fully updated electrical and plumbing systems. The bright, contemporary kitchen features new cabinetry, stainless steel appliances, and a clean, open layout. The main level offers two bedrooms and a full bath. The finished lower level includes a spacious family/rec room with its own egress window, plus a third bedroom featuring a dedicated egress window for safety and natural light. A brand-new white washer/dryer set completes the lower level. Fully fenced front and back yards offer privacy and outdoor enjoyment. Parking includes two off-street spots in the rear alley plus ample street parking. Located minutes from Lake Nokomis, Minnehaha Falls, downtown Minneapolis, the airport, and the Mall of America. Currently rented for $2,250/month, with tenants responsible for all utilities except water. Strong ROI and minimal maintenance—ideal for investors seeking a stable, high-demand rental property in the heart of the city.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,742
Year Built
- Built in 1923
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 40x129
- Chain Link Fence
Interior Spaces
- 1-Story Property
- Family Room
- Living Room
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
- Basement Window Egress
Parking
- Open Parking
- Parking Lot
Utilities
- Forced Air Heating and Cooling System
- Gas Water Heater
Community Details
- No Home Owners Association
- F A Savages Portland Ave Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 1002824440167
Map
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 |
|---|---|---|---|---|
| 2024 | $3,020 | $185,000 | $105,000 | $80,000 |
| 2023 | $2,827 | $195,000 | $105,000 | $90,000 |
| 2022 | $2,249 | $181,000 | $83,000 | $98,000 |
| 2021 | $2,038 | $157,000 | $59,000 | $98,000 |
| 2020 | $2,204 | $146,500 | $50,200 | $96,300 |
| 2019 | $2,069 | $146,500 | $38,800 | $107,700 |
| 2018 | $1,972 | $133,000 | $38,800 | $94,200 |
| 2017 | $2,437 | $117,500 | $35,300 | $82,200 |
| 2016 | $2,024 | $109,500 | $35,300 | $74,200 |
| 2015 | $1,919 | $109,500 | $35,300 | $74,200 |
| 2014 | -- | $103,000 | $35,300 | $67,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/01/2025 12/01/25 | For Sale | $239,990 | +62.2% | $221 / Sq Ft | |
| 11/27/2024 11/27/24 | Sold | $148,000 | -6.9% | $172 / Sq Ft | View Prior Sale |
| 11/04/2024 11/04/24 | Pending | -- | -- | -- | |
| 10/22/2024 10/22/24 | Price Changed | $159,000 | -5.9% | $184 / Sq Ft | |
| 10/07/2024 10/07/24 | Price Changed | $169,000 | -5.6% | $196 / Sq Ft | |
| 09/27/2024 09/27/24 | For Sale | $179,000 | -- | $208 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $148,000 | -- | |
| Quit Claim Deed | $500 | Burnet Title | |
| Foreclosure Deed | $49,000 | -- | |
| Warranty Deed | $27,500 | -- | |
| Warranty Deed | $54,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $118,400 | New Conventional | |
| Closed | -- | No Value Available |
Source: NorthstarMLS
MLS Number: 6823206
APN: 10-028-24-44-0167
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