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Jamie Albertsen

jamie@pedersonrealty.com +1(507) 581-7094

$399,900

Est. payment - /mo

2 Beds

4 Baths

2,658 SqFt

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Open House

Sat Sep 12, 12:00pm - 2:00pm

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,658 sqft

Price per Sqft $150

Subdivision Woodburn Add

MLS Listing ID 7140287

Bedrooms 2

Year Built 1906

Annual Tax Amount $5,916

Tax Year 2025

Contingent None

Lot Size 5,227 Sqft

Lot Dimensions 42x123

Property Sub-Type Fourplex

Property Description

Excellent opportunity for an owner-occupant or investor in this four-unit Minneapolis residential income property. Unit #1 is now vacant, providing the option for a buyer to move in while generating income from the remaining units. The property consists of two 1-bedroom units and two studio units, each with a full bath.

Units feature hardwood floors, natural woodwork, solid-surface countertops, ranges, and refrigerators. The shared full basement provides additional storage along with free laundry for residents. Four detached single-stall garages provide valuable off-street parking and may be leased separately for additional income potential.

Major recent improvements include a new electrical main, new boiler, and new roofs on both the house and garages. Conveniently located near public transit, neighborhood businesses, dining, parks, and downtown Minneapolis.

Location

State MN

County Hennepin

Rooms

Basement Full, Shared Access, Storage/Locker, Storage Space, Unfinished

Interior

Heating Boiler

Fireplace No

Laundry Lower Level

Exterior

Parking Features Detached Garage, Multiple Garages, Storage

Garage Spaces 4.0

Fence Chain Link, Wood

Roof Type Age 8 Years or Less

Building

Lot Description Public Transit (w/in 6 blks), Tree Coverage - Medium

Story Two

Foundation 2700

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

School District Minneapolis

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Listed by Timothy Fisher • Keller Williams Realty Integrity Lakes

Nearby School & Business

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Jamie Albertsen

+1(507) 581-7094

2721 Columbus AVE Minneapolis, MN 55407

Jamie Albertsen

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Nearby School & Business

Get More Information

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