Great opportunity to own an income producing four-plex with a solid rental history! Secure building located in the Ventura Village neighborhood near downtown and walkable to numerous shops, grocery, parks, and convenient freeway access, the property is in absolutely exceptional condition. All 4 units have been recently updated throughout and each feature 2 bedrooms with 1 bathroom, newer appliances, original millwork, functional floor plans, and 1 off street parking space. Shared basement is squeaky clean and offers owned coin-op laundry and 2 lockable storage spaces for each unit. All mechanicals are split and include 2 new water heaters (replaced w/in the past 4 years) and 4 new boilers (2021). Other updates and upgrades include: 5 new electrical panel boxes (2023), new plumbing in upper 2 units (2020), ADT building security camera system, new iron security gate in front, waterproofed interior foundation, new Speed Queen commercial washer (2021), and expanded parking lot.
Closed
$715,000
1907 11th Ave S, Minneapolis, MN 55404
8beds
4baths
4,228sqft
Quadruplex
Built in 1911
-- sqft lot
$669,900 Zestimate®
$169/sqft
$1,640 Estimated rent
Home value
$669,900
$616,000 - $723,000
$1,640/mo
Zestimate® history
Owner options
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$1,640/mo
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$1,640/mo
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$4,535/mo
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$4,535/mo
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List your homeWhat's special
New plumbingNewer appliancesFunctional floor plansNew iron security gateOriginal millworkWalkable to numerous shops
Zillow last checked:
Listing updated:
Listed by:
Tony Miller 952-356-2204,
Lakes Sotheby's International Realty
Bought with:
Rick Clark
Bridge Realty, LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6388399
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Boiler
Appliances
- Laundry: In Basement, Coin-op Laundry Owned
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 4,228
- Total interior livable area: 4,228 sqft
- Finished area above ground: 4,228
- Finished area below ground: 0
Property
Parking
- Parking features: Asphalt
- Details: Garage Dimensions (0)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: Covered, Front Porch, Patio, Terrace
- Fencing: Other,Partial
Lot
- Size: 7,405 Square Feet
- Dimensions: 50 x 150
- Features: Near Public Transit, Tree Coverage - Light
Details
- Foundation area: 2114
- Parcel number: 2602924340001
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Roof: Age 8 Years or Less,Flat
Condition
- New construction: No
- Year built: 1911
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Security: Security Lights
- Subdivision: J S & W Elliots Add
HOA
- Amenities included: Coin-op Laundry Owned, Patio, Porch, Security Lighting
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $502,000
- Annual tax amount: $8,485
- Date on market: 6/16/2023
- Cumulative days on market: 46 days
- Tenant pays: Electricity, Fuel
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2023 | Sold | $715,000-4.7%$169/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6388399 Report a problem | ||
| 6/16/2023 | Listed for sale | $750,000+33.5%$177/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6388399 Report a problem | ||
| 6/29/2018 | Sold | $562,000+7%$133/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4954103 Report a problem | ||
| 5/28/2018 | Pending sale | $525,000$124/sqft |
Source: RE/MAX Results #4954103 Report a problem | ||
| 5/16/2018 | Listed for sale | $525,000+66.7%$124/sqft |
Source: RE/MAX Results #4954103 Report a problem | ||
| 10/31/2014 | Sold | $315,000$75/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #2228771 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,608 +4.9% | $502,000 +6.4% |
| 2024 | $8,206 -3.3% | $472,000 -8% |
| 2023 | $8,485 -9.7% | $513,000 -2.7% |
| 2022 | $9,395 +4% | $527,000 -4.7% |
| 2021 | $9,035 +6.2% | $553,000 |
| 2020 | $8,510 -5.8% | $553,000 +250% |
| 2019 | $9,035 +6.2% | $158,000 +25.1% |
| 2018 | $8,510 +51.6% | $126,300 -59% |
| 2017 | $5,614 +10.6% | $308,000 |
| 2016 | $5,077 -3.1% | $308,000 +17.8% |
| 2015 | $5,242 +14.2% | $261,500 |
| 2014 | $4,591 -22.2% | $261,500 -10% |
| 2013 | $5,901 -4.9% | $290,500 -10.1% |
| 2012 | $6,203 -6.7% | $323,000 -10% |
| 2011 | $6,651 +3.1% | $359,000 -10% |
| 2010 | $6,453 -8.5% | $399,000 -7% |
| 2009 | $7,050 +8.6% | $429,000 +4.8% |
| 2006 | $6,489 +4.5% | $409,500 +9.8% |
| 2005 | $6,208 +12.5% | $373,000 +19.9% |
| 2004 | $5,516 -1% | $311,000 +14.5% |
| 2002 | $5,574 +13.6% | $271,500 |
| 2001 | $4,905 | -- |
Find assessor info on the county website
Neighborhood: Ventura Village
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Nearby schools
GreatSchools rating
- NAAndersen CommunityGrades: PK-8Distance: 0.7 mi
- 6/10South Senior High SchoolGrades: 9-12Distance: 1.4 mi
- NAFolwell Arts MagnetGrades: PK-8Distance: 2 mi
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Estimated market value
$669,900
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Estimated market value
$669,900
- Minnesota
- Hennepin County
- Minneapolis
- 55404
- Ventura Village
- 1907 11th Ave S
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