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$760,000

For Sale

10 hours ago

MLS® 7020069

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage Yes
HOA Fees 
Taxes $12,729
Days Active 0
Approx. Age 1912
MLS® Number 7020069

Property Address: 2420 4th Ave S, Minneapolis, MN, 55404-3771

Average square foot calculated using Size range provided by listing agent.

Description

Five-unit building in Whittier, one of Minneapolis' highest-demand renter neighborhoods. Attractive walkable pocket just blocks from internationally recognized restaurants, Minneapolis College of Art & Design, and the local arts scene like the Minneapolis Institute of Art. With this central location close to 35W, 94, Uptown & Downtown, renters and managers have quick & easy access to the property. Four of the units are 2BR/1BA with an in-unit washer/dryer set, granite counters, gas stove, dishwasher, and central air. The building was fully renovated to code, and the major systems have been steadily replaced in the past 10 years: All Furnaces (2018) water heaters (2020), roof (2024) and updated electrical. The fifth unit (large studio) was added in 2021. Fire sprinkler system throughout. Two-car garage plus two off-street surface parking spots. RUBS already in place for partial utility recapture. Locking basement storage for each unit. Owners or managers can step into place and focus on cash flow, instead of planning major repairs in the near future with a property that was renovated the right way the first time on good bones. Great entry point for a newer investor who wants to own something that's actually been maintained & wants to maximize income.
MLS® Number7020069
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1912
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 4, 2026List Date
$760,000List Price
  • Commute

Commute

Starting Address
Destination Address
2420 4 Th Ave S, Minneapolis, MN

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