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For Sale:  Minneapolis MLS# 7095120

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Active NEW!
$574,500
/mo Edit
Multi-family:  Fourplex
6 br • 3 ba • Built 1883
3,514 sqft • 0.1 acres
Minneapolis schools
MLS# 7095120
763-576-8286
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    Property Description

    Unique South Minneapolis 4plex available now. Great location right between US Bank Stadium and Powderhorn Park. Close to everything with easy freeway access. Two large 3-bedroom units and two spacious studio apartments. Separate electric, separate gas, separate water heaters, and separate furnaces for all 4 units and common areas. Recently rehabbed with fresh finishes and updates to each unit and all common areas including hallways and basement. Units are well laid out with high ceilings and lots of natural light. New vinyl flooring, new carpet, and refinished hardwood flooring throughout the entire property. All windows are efficient vinyl with double pane glass. All brick exterior in great shape, exterior trim features maintenance free aluminum and vinyl siding. Rare custom carved stone accents throughout exterior are in excellent condition and provide unique charm. Large basement features multiple private access points for potential expansion. Units are in turn-key condition ready for occupants. Rent values are roughly $2, 000 for the 3 bed units and $1, 000 for the studios. Total estimated rent value of $6, 000 per month. Excellent opportunity for investors seeking cashflow and owner occupier buyers seeking an opportunity to cover the mortgage with rents. Book your showing ASAP.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $574,500
    Price per sq ft: $163
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 0
    County: Hennepin
    Year Built: 1883
    State: MN
    Property Style: Fourplex
    Zip Code: 55404
    Neighborhood/Area: 78
    Subdivision Name: Clarks Add

    Interior

    Bedrooms: 6
    Bathrooms: 3
    Finished Area: 3,514 ft2
    Living Area: 3,514 ft2
    Basement Details: Full

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,757 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Other

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.1
    Geolocation: 44.961546, -93.261444
    Lot Dimensions: 43 x 56
    Zoning: Residential-Multi-Family

    Schools

    School District: 1
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $6,760
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,760

    Income

    Annual Gross Income: None
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: None

    Units

    Total Units: 4

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Bridge Realty, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.