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Excellent Uptown 4-plex opportunity! This well-maintained property features three spacious 3BR/1BA units and one 4BR/1BA unit, providing flexibility for an owner-occupant or strong cash flow for investors. Three of the four units have been thoughtfully updated, blending classic Minneapolis charm with modern finishes. Units 3 and 4 are currently vacant and ready for immediate occupancy or lease-up at market rents ($1,700-$2,200/mo). Additional highlights include a brand-new privacy fence, a low-maintenance hardscape backyard, and easy access to public transportation, coffee shops, and dining in vibrant Uptown. Current leases: Unit 1 at $1,830/mo and Unit 2 at $1,550/mo. This turn-key property is a rare find for your portfolio or house-hacking goals in the heart of Minneapolis. VALUE ADD OPTION: Previous owner had plans approved for a 5th unit in the basement. Yours to finish and add massive value. Plans available by request.
Property Type(s):
Multi Family
| Tract | J B Tabours 3rd Add | Year Built | 1909 |
|---|---|---|---|
| County | Hennepin |
Additional Details
| BASEMENT | Unfinished, Yes |
|---|---|
| CONSTRUCTION | Brick, Vinyl Siding |
| HEAT | Baseboard, Natural Gas |
| LOT | 5227 sq ft |
| LOT DESCRIPTION | Near Public Transit |
| LOT DIMENSIONS | 55.8X100X51.6X118 |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | J B Tabours 3rd Add |
| TAXES | 12633 |
| WATER | Public |
| ZONING | Residential-Multi-Family |
Listed with Rize Realty
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