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Nick Leavy

nick@iheartexit.com +1(701) 205-1350

$614,990

Est. payment - /mo

4 Beds

4 Baths

3,000 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $204

Subdivision Subd Altruria-Lots 1 To 5 & 12

MLS Listing ID 7151695

Bedrooms 4

Year Built 1925

Annual Tax Amount $9,490

Tax Year 2026

Contingent None

Lot Size 4,791 Sqft

Lot Dimensions 40x125

Property Sub-Type Fourplex

Property Description

Classic Minneapolis stucco fourplex with four one bedroom, one bath apartments available for a new owner! The front has traditional brown shutters, vintage 1920's styling and a red entry awning. Inside, strip oak hardwood floors, arched plaster openings, cast iron radiators heated by gas boilers and Art-Deco windows run through the apartments, with dark stained woodwork in many living and dining rooms. Bathrooms have white tile, glass block windows and pedestal sinks. Unit 1 is vacant and has ceiling fans, a white steel kitchen with vintage built-in drainboard sink as well as recently refinished floors. Behind the building are a fenced back yard and a three-stall garage, with spaces renting separately, plus one additional assigned parking space. All garage spaces and additional parking is currently leased. Each unit has a private basement storage room, and the building has coin laundry. Tenants pay their own gas and electric. The owner pays water, sewer and trash. Four more storage rooms and a pet fee are not in current income. Units 2 to 4 are leased into 2027. This would also make an excellent property to “house hack” with owner living in the vacant unit and having the other Units pay a considerable portion of the payment every month! This property is just a short walk from the 38th Street LRT station for easy commuting. Lake Hiawatha with its walking paths and the golf course are nearby, along with Northbound Smokehouse & Brew Pub, Key West Coffee and Aluvava gluten-free bakery! Don't miss the opportunity to own a great investment property in the very desirable Minneapolis Standish neighborhood!

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Full, Shared Access, Storage Space, Unfinished

Interior

Heating Hot Water

Fireplace No

Laundry In Basement, Common Area

Exterior

Parking Features Assigned, Detached Garage, Asphalt

Garage Spaces 3.0

Roof Type Age 8 Years or Less

Building

Lot Description Public Transit (w/in 6 blks)

Story Two

Foundation 1500

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 Taylor Doolittle • RE/MAX Results

Nearby School & Business

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Nick Leavy

+1(701) 205-1350

President License ID: 40668858

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3809 28th AVE S Minneapolis, MN 55406

Nick Leavy

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Nearby School & Business

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