Price $725,000
Status Active
Beds 0
Baths 0 Bath
Home size 4,986 sqft
Lot Size 5,228 sqft
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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