$589,900

Estimated payment $3,685/month

Total Views 3,057
6 Beds
4 Baths
3,655 Sq Ft
$161 Price per Sq Ft

About This Home

Welcome to one of the most gem, hidden neighborhoods in Minneapolis! Nestled in a "nook" of the Mississippi, and boasting several walkable parks and access to the river, the U of M, as well as local restaurants, grocery, and more. This stately late-Victorian fourplex is easy to rent and could make for an exceptional owner-occupant opportunity, with funding available in conventional loans for only 5% down payment. Each of the well-maintained units boasts a private covered balcony or deck, and has its own private entry for exceptional livability. Inside, beautiful oak and maple millwork, hardwood floors, and trim make for a bright, sun filled historic space. Decorative cut stained glass and tall ceilings add to the historic charm. This street ends right in front of the home, and the huge freeway barrier wall creates a surprisingly peaceful sound level. Off street parking for four cars, a maintenance free stucco exterior, and newer roof make this property easy to own. Tenants pay their own heat and electric, which enhances the bottom line. Unit 4, a one+ bedroom upper unit, is left vacant for any lucky future owner occupant of this property. A huge unfinished attic and basement create the possibility to go up to 8 units. Grosses income of $5025 per month. Book your private showing today.

Listing Agent

Paul Olson

Lakes Area Realty Listed on: 08/26/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,803

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 40x120
  • Street terminates at a dead end

Home Design

  • Quadruplex
  • Pitched Roof
  • Architectural Shingle Roof

Interior Spaces

  • 3,655 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement
  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Gravity Heating System

Community Details

  • 4 Units
  • Whitcombs Sub In Blks Of Murphys Add Subdivision

Listing and Financial Details

  • The owner pays for insurance, repairs, sewer, snow removal, taxes, trash collection
  • Assessor Parcel Number 2502924430111

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,803

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Laundry, Deck, Porch
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 3655
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight/Lookout Windows, Full, Shared Access, Storage/Locker, Storage Space
  • Living Area: 3655
  • Owner Pays: Insurance, Repairs, Sewer, Snow Removal, Taxes, Trash Collection
  • Basement YN: Yes
  • Amenities: Historic/Period Millwork
  • Appliances: Dishwasher,Range
  • Amenities: Custom Cabinetry,Historic/Period Millwork,Main Floor Primary Bedroom
  • Appliances: Dishwasher,Energy Star Appliances,Range,Stainless Steel Appliances

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Age 8 Years or Less, Architectural Shingle, Pitched
  • ConstructionMaterialsDesc: Frame
  • Neighborhood: Cedar Riverside
  • PatioPorchType: Covered,Deck,Enclosed,Front Porch,Rear Porch

Garage/Parking

  • Parking Features: Concrete, Gravel, Parking Lot
  • Other Parking Spaces: 1
  • Other Parking Spaces: 1

Utilities

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

Schools

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

Lot Info

  • Lot Size: 40x120
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 4

Rental Info

  • Expenses: 30400.0000

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 2502924430111
  • Tax Annual Amount: 6803
  • TaxWithAssessments: 6803.0000

Multi Family

  • TenantPays: Electricity, Fuel, Gas
  • FuelExpense: 1400
  • Number Of Refrigerators: Four

Map

Range of Values:

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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
09/19/2025 09/19/25 Price Changed $589,900 -0.9% $161 / Sq Ft
08/26/2025 08/26/25 For Sale $595,000 -- $163 / Sq Ft
Source: NorthstarMLS

Source: NorthstarMLS

MLS Number: 6778844

NorthstarMLS

APN: 25-029-24-43-0111