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$1,175,000

For Sale

10 hours ago

2535 Aldrich Ave S, Minneapolis, MN

House

MLS® 7055953

11 Bed

5 Bath

5225 sqft

4 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 5225 sqft
Garage Yes
Taxes $15,137
Days Active 0
Lot Size 0.11 Acres
Approx. Age 1908
Avg. Price Per Sqft $224
MLS® Number 7055953

Property Address: 2535 Aldrich Ave S, Minneapolis, MN, 55405-2925

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

Description

Welcome to one of the most heavily updated and upgraded historic fourplexes in Minneapolis! This stately four-home property combines the rich luxury of it's original Victorian embellishments with important large scale upgrades, ensuring that its future steward has a stress-free, smooth ownership. This is a must-show for your investor buyers and owner occupants alike. Too many updates than are possible to list here. No expense was spared while completely redoing all of the electric, plumbing, heating, siding, windows, roofing and maintenance of this home. Inside you will be captivated by the original trim and millwork, coal-burning tiled fireplaces (decorative), tall ceilings, beautiful south facing windows, and massive front balconies in 3 of the 4 units. Most every kitchen and bathroom has been upgraded, and all HVAC mechanicals are modern high efficiency, with billing directed to the tenants. Delivering impressive cashflow with room to grow, this property has always been easy to lease with its charm, solid construction/maintenance, and massive four car garage. Fully fenced and with a private back yard hang out area, this is a no brainer for furnished medium/short term rentals. Looking to wipe out your 2026 income tax burden? This property may be a good fit for accelerated depreciation under new IRS tax code. Do not hesitate to set up a showing of this unique and exceptionally well maintained property. Seller is willing to consider creative financing options, including seller financing, for qualified buyers.
MLS® Number7055953
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1908
BasementEgress Window(s), Finished, Full, Shared Access, Storage Space
DrivewayDetached Garage
Garage Spaces
HeatDuctless Mini-Split, Forced Air, Hot Water, Radiant
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 12, 2026List Date
$1,175,000List Price
  • Commute

Commute

Starting Address
Destination Address
2535 Aldrich Ave S, Minneapolis, MN

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