Two bathroomsAdditional off-street parkingDedicated water heaterUpdated kitchensTwo-level layouts
Great opportunity to own a 4-unit property just minutes from downtown Minneapolis. The building offers a mix of 2, 3, and 5-bedroom units, giving investors a variety of rental options. All four units are currently occupied, with tenants participating in the Housing Choice Voucher (Section 8) program. An oversized 2-car garage and additional off-street parking add to the property's appeal.
The two upper units feature two-level layouts with two bathrooms and updated kitchens. Each unit has its own furnace and dedicated water heater, and tenants pay their own gas and electric.
The 5-bedroom, 2-bath unit is expected to become available at the end of July, creating an opportunity for an owner-occupant looking to house hack or for an investor wanting added flexibility. The property is currently self-managed, and operating expense information will be provided as it becomes available.
For qualified buyers, the sellers are open to a Contract for Deed through their preferred lender with a minimum 20% down payment, subject to lender approval and mutually agreeable terms. Whether you're adding another property to your portfolio or purchasing your first multifamily property, this is an opportunity worth seeing.
14 days
|
168
|
6
|
Zillow last checked:
Listing updated:
Listed by:
Jordan Eatherton612-836-3415,
Pemberton RE
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7105774
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 6
Heating
Baseboard, Forced Air
Appliances
Laundry: Common Area, Main Level
Features
Basement: Partial,Unfinished
Interior area
Total structure area: 5,269
Total interior livable area: 4,828 sqft
Finished area above ground: 4,828
Finished area below ground: 0
Property
Parking
Total spaces: 8
Parking features: Detached Garage, Asphalt, Parking Lot, Paved Lot
Garage spaces: 2
Carport spaces: 6
Details: Garage Dimensions (20x24)
Accessibility
Accessibility features: None
Features
Levels: More Than 2 Stories
Patio & porch: Covered, Front Porch
Pool features: None
Fencing: Chain Link,Partial
Lot
Size: 7,405 Square Feet
Dimensions: 58 x 124
Details
Foundation area: 1884
Parcel number: 3502924220022
Zoning description: Residential-Multi-Family
Construction
Type & style
Home type: MultiFamily
Property subtype: Fourplex
Materials
Roof: Asphalt,Pitched
Condition
New construction: No
Year built: 1892
Utilities & green energy
Electric: Circuit Breakers
Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected
Community & HOA
Community
Subdivision: G N Merriams Add
HOA
Amenities included: Laundry
Location
Region: Minneapolis
Financial & listing details
Price per square foot: $164/sqft
Tax assessed value: $556,000
Annual tax amount: $14,227
Date on market: 7/9/2026
Tenant pays: Electricity, Gas
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,743/mo
Price history
Date
Event
Price
7/9/2026
Listed for sale
$790,000+47%$164/sqft
Source: NorthstarMLS as distributed by MLS GRID #7105774Report a problem
12/8/2021
Listing removed
--
Source: NorthstarMLS as distributed by MLS GRID #5688610Report a problem
1/28/2021
Sold
$537,500+7.5%$111/sqft
Source: NorthstarMLS as distributed by MLS GRID #5688610Report a problem
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.