Well-maintained four-unit building in a prime Northeast Minneapolis location. Each spacious 2BR/1BA unit offers a functional layout, great natural light, and hardwood floors. The property has been thoughtfully cared for with newer boilers, updated electrical with exterior meters, and ongoing plumbing updates already completed. Fully rented with solid rental history, tenant-paid gas and electric, and efficient operating expenses. Kitchens and baths are clean and functional, with value-add potential for future rent increases. Includes off-street parking, a detached two-stall garage, and a clean basement for storage. Convenient to parks, restaurants, breweries, transit, and everything that makes Northeast a high-demand rental area. A strong opportunity for investors or owner-occupants looking for a stable building with upside. Hands down the best investment value in NE Minneapolis.
Closed
$585,000
1500 26th Ave NE, Minneapolis, MN 55418
8beds
4baths
5,296sqft
Fourplex
Built in 1922
-- sqft lot
$586,600 Zestimate®
$110/sqft
$1,915 Estimated rent
Home value
$586,600
$546,000 - $634,000
$1,915/mo
Zestimate® history
Owner options
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$3,750/mo
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List your homeWhat's special
Hardwood floorsDetached two-stall garageFunctional layoutGreat natural lightOff-street parkingClean basement for storage
Zillow last checked:
Listing updated:
Listed by:
Paul L St Andrew 612-251-9343,
RE/MAX Results,
Erin McMurrough 218-310-1712
Bought with:
Justin Brama
Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6822815
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Radiator
Appliances
- Laundry: In Basement
Features
- Basement: Block
Interior area
- Total structure area: 5,296
- Total interior livable area: 5,296 sqft
- Finished area above ground: 3,740
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 6,098 Square Feet
- Dimensions: 125 x 50
Details
- Foundation area: 1870
- Parcel number: 1202924240224
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Fourplex
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Windom Park Add
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $110/sqft
- Tax assessed value: $572,000
- Annual tax amount: $9,940
- Date on market: 12/17/2025
- Cumulative days on market: 36 days
- Tenant pays: Cable TV, Electricity, Fuel
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2026 | Sold | $585,000-6.4%$110/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6822815 Report a problem | ||
| 1/22/2026 | Pending sale | $625,000$118/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6822815 Report a problem | ||
| 12/17/2025 | Listed for sale | $625,000+108.3%$118/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6822815 Report a problem | ||
| 9/22/2010 | Sold | $300,000-26.8%$57/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1692816 Report a problem | ||
| 11/10/2003 | Sold | $410,000+310%$77/sqft |
Source: Public Record Report a problem | ||
| 10/6/2003 | Sold | $100,000-73.3%$19/sqft |
Source: Public Record Report a problem | ||
| 8/21/2003 | Sold | $375,000$71/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,940 +12% | $572,000 +5% |
| 2024 | $8,878 -5.2% | $545,000 -1.8% |
| 2023 | $9,369 +5% | $555,000 +16.8% |
| 2022 | $8,919 +4% | $475,000 -9.5% |
| 2021 | $8,577 +6.3% | $525,000 |
| 2020 | $8,068 -5.9% | $525,000 +15% |
| 2019 | $8,577 +6.3% | $456,500 +18% |
| 2018 | $8,068 +25% | $387,000 +26.5% |
| 2017 | $6,455 +12.5% | $306,000 +7.4% |
| 2016 | $5,735 +4.1% | $285,000 +7.1% |
| 2015 | $5,512 +2.1% | $266,000 |
| 2014 | $5,397 -7.6% | $266,000 |
| 2013 | $5,842 -2.4% | $266,000 -5% |
| 2012 | $5,984 -3.8% | $280,000 -8.2% |
| 2011 | $6,219 -8.4% | $305,000 -20.1% |
| 2010 | $6,789 -16.5% | $381,500 -13% |
| 2009 | $8,130 +16.1% | $438,500 +9.2% |
| 2006 | $7,005 +4.3% | $401,500 +10% |
| 2005 | $6,715 -3% | $365,000 +4.3% |
| 2004 | $6,921 -0.6% | $350,000 +23.7% |
| 2002 | $6,964 -44.6% | $283,000 |
| 2001 | $12,569 | -- |
Find assessor info on the county website
Neighborhood: Audubon Park
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Nearby schools
GreatSchools rating
- 2/10Pillsbury Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 2/10Northeast Middle SchoolGrades: 6-8Distance: 0.5 mi
- 4/10Edison Senior High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$586,600
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Estimated market value
$586,600
- Minnesota
- Hennepin County
- Minneapolis
- 55418
- Audubon Park
- 1500 26th Ave NE
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