USAMNMinneapolisF a Savages Portland Ave Add4525 4Th Avenue S
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$1,025,000

For Sale

16 hours ago

4525 4th Avenue S, Minneapolis, MN

MLS® 7028179

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
HOA Fees $3,995
Taxes $11,577
Days Active 0
Approx. Age 1960
MLS® Number 7028179

Property Address: 4525 4th Avenue S, Minneapolis, MN, 55419

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

Description

Well-maintained 8-unit brick apartment building located in the desirable Regina neighborhood within the Nokomis community of Minneapolis. Built in 1960, this two-story property offers 5, 070 finished square feet and a highly rentable unit mix of seven 1-bedroom units and one studio/efficiency. Each unit features its own forced-air furnace, with residents paying their own heat — a major operational advantage that helps control owner expenses. The building also includes coin-operated laundry for additional income and convenient off-street parking for tenants. Solid brick construction, individual mechanical systems, and a straightforward unit mix make this a stable, easy-to-manage asset. The property is also an ideal candidate for enrollment in the Minneapolis 4d Affordable Housing Program, offering the potential for a reduced property tax rate in exchange for maintaining qualifying affordable rents. Situated in a strong South Minneapolis location near parks, shopping, transit, and major corridors, this property appeals to long-term renters seeking convenience and neighborhood charm. Excellent opportunity for investors seeking steady cash flow with additional upside through tax optimization. Owner is a licensed agent but not the listing agent.
MLS® Number7028179
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1960
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, Leases

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 11, 2026List Date
$1,025,000List Price
  • Commute

Commute

Starting Address
Destination Address
4525 4th Avenue S, Minneapolis, MN

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