For Sale: Minneapolis MLS# 7161067
Active
NEW!
$714,900
Multi-family: Fourplex
4 br • 2 ba • Built 1916
4,160 sqft • 0.13 acres
Minneapolis schools
MLS# 7161067
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Property Description
Well maintained 4 unit in fantastic S Mpls location with new roof and gutters in 2025, stucco updates and painting of stucco in 2026, commercial metal maintenance free windows, hardwood floors, claw foot tubs in bathrooms, new carpet in the back shared stairway in October of 2026. Each unit has their own boiler, water heater and electric and gas meter for tenant billing.
Units rent from $1600-1650 per month and a garage stall is $75.
Updated electrical, replaced all plumbing with copper and newer metal plumbing under the sinks.
New commercial sized water pipe from street so water pressure is good!
Solid, income producing 4plex.
All units 2/1 911 fsf. Premium location in South Uptown Lyndale neighborhood. Timeless, gleaming hardwood floors & built in buffets in all units - well preserved with character galore. Private fenced yard in the back as well as 3-car garage - basement provides shared washer and dryer(no coins needed) & storage lockers for each unit. Close to all the S Mpls has to offer Bde Maka - rose garden, bike trails, nightlife & shopping.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$714,900
Price per sq ft:
$172
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
3
County:
Hennepin
Year Built:
1916
State:
MN
Property Style:
Fourplex
Zip Code:
55408
Neighborhood/Area:
48
Subdivision Name:
Motor Line Add
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
4,160 ft2
Living Area:
4,160 ft2
Refrigerators:
Four
Basement Details:
- Storage Space
- Storage/Locker
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
3
Garage Dimensions:
20 x 30
Garage Size:
600 ft2
Garage Door Height:
7
Garage Door Width:
16
Foundation Size:
2,070 ft2
Fencing:
Chain Link
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
Detached Garage
Shared Amenities:
Laundry
Road Frontage:
City Street
Exterior Material:
- Brick
- Concrete
Pool:
None
Roof Details:
- Age 8 Years or Less
- Flat
Rooms
Shared Rooms:
Other
Laundry:
- In Basement
- Laundry Room
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.13
Geolocation:
44.941486, -93.28524
Lot Dimensions:
43 x 130
Zoning:
Residential-Multi-Family
Lot Description:
Corner Lot
Farm
Topography:
Level
Schools
School District:
1
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
$7,312
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:
$12,656
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$12,656
Income
Annual Gross Income:
$78,000
Misc. Monthly Income:
$75
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!
Listing provided by RMLS,
courtesy of Coldwell Banker Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.