UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 4,096 sqft
Price per Sqft $139
Subdivision Clinton Ave Add
MLS Listing ID 7133594
Bedrooms 8
Year Built 1923
Annual Tax Amount $9,895
Tax Year 2026
Contingent None
Lot Size 5,227 Sqft
Lot Dimensions 0.12
Property Sub-Type Fourplex
Property Description
One apartment is currently vacant, creating an ideal opportunity for an owner-occupant to move in while collecting rental income from the other three units. Investors will appreciate the established rental history, with the property most recently generating over $69,000 in annual gross rents when fully occupied. Two apartments were refreshed during tenant turnovers in 2024.
The full unfinished basement provides ample storage space along with a shared laundry room. Additional features include central boiler heat, tenant-paid electricity and cooking gas, and off-street parking.
Located near Powderhorn Park, with convenient access to I-35W and nearby shopping, dining, and neighborhood amenities. Whether you're looking to offset your housing expenses with rental income or expand your investment portfolio, this fourplex offers flexibility and opportunity in South Minneapolis.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Full, Unfinished
Interior
Heating Boiler, Radiator
Fireplace No
Laundry Lower Level, Laundry Room
Exterior
Parking Features Asphalt, Parking Lot, Paved Lot
Fence Chain Link, Partial
Pool None
Roof Type Flat,Rubber
Building
Lot Description Tree Coverage - Medium
Story Two
Foundation 2048
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Frame
New Construction false
Schools
School District Minneapolis
NEARBY SCHOOLS & PROPERTIES
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