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Active NEW!
$625,000
/mo Edit
Multi-family:  Four Plex
Built 1909
3,344 sqft • 0.15 acres
Minneapolis schools
MLS# 6797187
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    Property Description

    Located within walking distance of the Minneapolis Institute of Art (MIA), Minneapolis College of Art & Design (MCAD), and close to all major highways, shops, dining, and more, this classic four-square building is perfect for the modern urban dweller. Each unit features a spacious one-bedroom layout with an additional den, ideal for a home office setup. The property is well-maintained, blending timeless charm with thoughtful updates. Don’t miss the opportunity to see this exceptional 4 plex.

    Listing

    Contingency: None
    Price per sq ft: $187
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Four Plex
    Zip Code: 55404
    Neighborhood/Area: Whittier
    Subdivision Name: Max Add/Minneapolis

    Interior

    Living Area: 3,344 ft2
    Ranges: Four
    Refrigerators: Four
    Basement Details:
    • Full
    • Shared Access
    • Storage Space
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,672 ft2
    Fencing: Chain Link, Wood
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Hot Water
    Parking Features:
    • Gravel
    • Open
    Shared Amenities: Porch
    Road Frontage: City Street
    Exterior Material: Wood Siding
    Roof Details: Flat

    Lot & Land

    Acres: 0.15
    Geolocation: 44.95962, -93.271132
    Lot Dimensions: 50 x 129
    Zoning: Residential-Multi-Family
    Lot Description: Many Trees

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: $1,701
    Annual Insurance Expense: $5,772
    Annual Maintenance Expense: None
    Annual Gross Expense: $38,928
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $4,031
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $9,666
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $9,666

    Income

    Annual Gross Income: $63,005

    Units

    Total Units: 4

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    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 Compass.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.