Great opportunity to own an income producing four-plex with a solid rental history! Located in the highly desirable Arts District of Northeast Minneapolis, the property is walkable to numerous shops, award winning restaurants, breweries, parks, and the Mississippi River. Potential to update units for added value.
Closed
$640,000
1432 Washington St NE, Minneapolis, MN 55413
10beds
4baths
4,400sqft
Quadruplex
Built in 1906
-- sqft lot
$641,500 Zestimate®
$145/sqft
$2,055 Estimated rent
Home value
$641,500
$590,000 - $699,000
$2,055/mo
Zestimate® history
Owner options
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$4,058/mo
Est. payment
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$4,058/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Tony Miller 952-356-2204,
Lakes Sotheby's International Realty
Bought with:
Jadde Rowe-Laudenbach
RE/MAX Results
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6463315
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
Heating
- Boiler
Appliances
- Laundry: In Basement, Common Area, Lower Level, Coin-op Laundry Owned
Features
- Basement: Full,Shared Access,Unfinished
Interior area
- Total structure area: 4,400
- Total interior livable area: 4,400 sqft
- Finished area above ground: 4,400
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Paved Lot, Open
- Carport spaces: 6
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Fencing: Chain Link,Full
Lot
- Size: 6,098 Square Feet
- Dimensions: 44 x 139
- Features: Near Public Transit, Tree Coverage - Light
Details
- Foundation area: 4400
- Parcel number: 1402924210048
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Roof: Age Over 8 Years,Asphalt,Flat
Condition
- New construction: No
- Year built: 1906
Utilities & green energy
- Electric: Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Security: Security Lights
- Subdivision: Cutters Add
HOA
- Amenities included: Laundry, Coin-op Laundry Owned, Security Lighting
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $145/sqft
- Tax assessed value: $507,000
- Annual tax amount: $8,436
- Date on market: 3/28/2024
- Cumulative days on market: 93 days
- Tenant pays: Electricity
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2025 | Sold | $640,000+7.9%$145/sqft |
Source: Public Record Report a problem | ||
| 4/11/2024 | Sold | $593,000-4.3%$135/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6463315 Report a problem | ||
| 3/28/2024 | Pending sale | $619,900$141/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6463315 Report a problem | ||
| 3/7/2024 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6463315 Report a problem | ||
| 2/19/2024 | Price change | $619,900-1.6%$141/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6463315 Report a problem | ||
| 1/22/2024 | Price change | $629,900-1.6%$143/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6463315 Report a problem | ||
| 1/8/2024 | Price change | $639,900-1.6%$145/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6463315 Report a problem | ||
| 11/29/2023 | Listed for sale | $650,000+815.5%$148/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6463315 Report a problem | ||
| 8/21/2009 | Sold | $71,000$16/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,142 -17.6% | $507,000 +5% |
| 2024 | $8,670 +2.8% | $483,000 -10.9% |
| 2023 | $8,436 +8.9% | $542,000 +3.4% |
| 2022 | $7,746 +4% | $524,000 +14.9% |
| 2021 | $7,449 +6.3% | $456,000 |
| 2020 | $7,008 -5.9% | $456,000 +15% |
| 2019 | $7,449 +6.3% | $396,500 +18% |
| 2018 | $7,008 +21.2% | $336,000 +26.6% |
| 2017 | $5,783 +12% | $265,500 +7.9% |
| 2016 | $5,164 +4.3% | $246,000 +7% |
| 2015 | $4,951 +1.7% | $230,000 +2.4% |
| 2014 | $4,867 -10% | $224,500 -5.1% |
| 2013 | $5,406 +2.5% | $236,500 |
| 2012 | $5,273 +4.5% | $236,500 |
| 2011 | $5,047 +1.5% | $236,500 -11.3% |
| 2010 | $4,974 -10.3% | $266,500 -9.7% |
| 2009 | $5,547 -4.5% | $295,000 -11.4% |
| 2006 | $5,810 -5.2% | $333,000 |
| 2005 | $6,126 +5% | $333,000 +12.9% |
| 2004 | $5,834 -2.3% | $295,000 +18.2% |
| 2002 | $5,971 -37% | $249,500 |
| 2001 | $9,472 | -- |
Find assessor info on the county website
Neighborhood: Sheridan
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Nearby schools
GreatSchools rating
- 2/10Pillsbury Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 2/10Northeast Middle SchoolGrades: 6-8Distance: 1.7 mi
- 4/10Edison Senior High SchoolGrades: 9-12Distance: 0.5 mi
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Estimated market value
$641,500
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$641,500
- Minnesota
- Hennepin County
- Minneapolis
- 55413
- Sheridan
- 1432 Washington St NE
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