Skip main navigation
Active
  • $649,000

    2121 13th Ave S, Minneapolis, MN 55404

    12beds
    6baths
    5,542sqft
    : 
    $4,082/mo
    Get pre-qualified
    Fourplex
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $117/sqft
    $-- HOA

    What's special

    New metal sidingUpdated windowsNewer high efficiency boilersNew roofWater heaters
    Turnkey 4-Plex Investment Opportunity in Minneapolis! Don't miss this exceptional opportunity to own a well-maintained, cash-flowing 4-plex in Minneapolis with significant recent capital improvements and long-term value. This solid investment property has been thoughtfully updated, allowing a new owner to step into a stable asset with strong income potential. Major improvements include new metal siding (2025), a new roof (2024), updated windows, newer high efficiency boilers, and water heaters-helping minizine future maintenance expenses. Inside, three of the four units have been recently renovated, making the property attractive to tenants while still offering upside potential with the remaining unit. One of the property's standout features is its enrollment in the City of Minneapolis 4d Affordable Housing Incentive Program, providing substantial property tax savings year after year, and enhancing overall cash flow. Combined with its positive cash flow and extensive updates, this is an outstanding opportunity for both seasoned investors and those looking to expand their rental portfolio. Whether you're seeking reliable income, reduced operating costs, or a well-maintained multifamily asset in a strong rental market, this Minneapolis 4-plex checks all the boxes.
    39 days
    |
    231
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Weber 612-382-0078,

    RE/MAX Results

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7105569MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 6
      Heating
      • Baseboard, Boiler
      Appliances
      • Laundry: In Basement, Common Area, Coin-op Laundry Owned
      Features
      • Basement: Storage Space,Unfinished
      Interior area
      • Total structure area: 7,446
      • Total interior livable area: 5,542 sqft
      • Finished area above ground: 5,542
      • Finished area below ground: 0

      Property

      Accessibility
      • Accessibility features: None
      Features
      • Levels: More Than 2 Stories
      Lot
      • Size: 4,791 Square Feet
      • Dimensions: 45 x 114
      Details
      • Foundation area: 1944
      • Parcel number: 3502924120078

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Fourplex
      Materials
      • Roof: Age 8 Years or Less
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Gas: Electric, Natural Gas
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected

      Community & HOA

      Community
      • Subdivision: Eliots Add
      HOA
      • Amenities included: Coin-op Laundry Owned
      Location
      • Region: Minneapolis

      Financial & listing details

      • Price per square foot: $117/sqft
      • Tax assessed value: $594,300
      • Annual tax amount: $2,300
      • Date on market: 7/19/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/19/2026Listed for sale$649,000+8.3%$117/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7105569 Report a problem
        7/11/2023Listing removed--
        Source: NorthstarMLS as distributed by MLS GRID #6382398 Report a problem
        6/21/2023Price change$599,000-3.4%$108/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6382398 Report a problem
        6/9/2023Listed for sale$620,000+24%$112/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6382398 Report a problem
        6/3/2022Sold$500,000+11.1%$90/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6162200 Report a problem
        4/14/2022Pending sale$449,900$81/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6162200 Report a problem
        4/11/2022Listing removed--
        Source: NorthstarMLS as distributed by MLS GRID #6162200 Report a problem
        4/5/2022Listed for sale$449,900+1328.3%$81/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6162200 Report a problem
        6/15/1999Sold$31,500$6/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,455 +24.8%$594,300 +19.6%
        2024$4,370 -47.1%$497,000 -7.8%
        2023$8,253 +6664.8%$539,000
        2022$122 --
        2021$122 --
        2020$122 --
        2019$122 --
        2018$122 +8%--
        2017$113 --
        2016$113 -64.5%--
        2015$319 -1.2%--
        2014$323 +48.3%--
        2013$218 -96.7%--
        2012$6,623 +8.5%$299,500
        2011$6,107 +3.2%$299,500 -9.9%
        2010$5,916 -1.1%$332,500
        2009$5,982 +3%$332,500 -0.2%
        2006$5,810 +2.4%$333,000 +7.9%
        2005$5,675 +9.2%$308,500 +20%
        2004$5,198 -4.7%$257,000 +15.2%
        2002$5,456 -42.8%$223,000
        2001$9,544 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Ventura Village

        Getting around

        73 / 100
        Very Walkable
        63 / 100
        Good Transit
        93 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes