Welcome to this turnkey 4-plex! This well-maintained property offers four 1-bedroom, 1-bathroom units, each featuring hardwood floors, a kitchen, and a confortable living area. Convenient parking includes four dedicated spaces behind the building, along with additional on-street options.
Perfect for both new and seasoned investors, this property is ideally located near bus lines, dining, entertainment, downtown Minneapolis, and easy access to I-52 and I-94. With strong rental demand in the area and potential to increase rents, this 4-plex is a solid opportunity to expand or begin your investment portfolio.
Buyer/Buyer's agent to verify all information and measurements.
Closed
$422,681
2416 4th Ave S, Minneapolis, MN 55404
4beds
4baths
1,600sqft
Fourplex
Built in 1914
-- sqft lot
$422,800 Zestimate®
$264/sqft
$1,805 Estimated rent
Home value
$422,800
$393,000 - $457,000
$1,805/mo
Zestimate® history
Owner options
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$1,805/mo
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$1,805/mo
Rent Zestimate®
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$2,655/mo
Est. payment
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$2,655/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Todd E. Priebe 952-898-5800,
Re/Max Advantage Plus
Bought with:
Tamerat Tegegne
Real Broker, LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6780431
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Boiler
Features
- Basement: Block
Interior area
- Total structure area: 1,600
- Total interior livable area: 1,600 sqft
- Finished area above ground: 3,200
- Finished area below ground: 0
Property
Parking
- Parking features: Asphalt, Other
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: Deck
- Pool features: None
Lot
- Size: 5,662 sqft
- Dimensions: 47 x 127 x 44 x 127
- Features: Near Public Transit, Tree Coverage - Light
Details
- Foundation area: 1600
- Parcel number: 3402924140073
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Fourplex
Materials
- Roof: Age Over 8 Years
Condition
- New construction: No
- Year built: 1914
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Minneapolis
Price history
| Date | Event | Price |
|---|---|---|
| 4/27/2026 | Sold | $422,681-0.5%$264/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6780431 Report a problem | ||
| 4/1/2026 | Pending sale | $425,000$266/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6780431 Report a problem | ||
| 1/20/2026 | Price change | $425,000-5.3%$266/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6780431 Report a problem | ||
| 10/24/2025 | Price change | $449,000-6.5%$281/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6780431 Report a problem | ||
| 9/11/2025 | Listed for sale | $480,000+6.7%$300/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6780431 Report a problem | ||
| 7/24/2018 | Sold | $450,000+34.3%$281/sqft |
Source: Public Record Report a problem | ||
| 3/20/2017 | Sold | $335,000+21.8%$209/sqft |
Source: Public Record Report a problem | ||
| 10/30/2014 | Sold | $275,000+37.5%$172/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #2234651 Report a problem | ||
| 4/18/2005 | Sold | $200,000$125/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,663 +5% | $475,000 |
| 2024 | $8,254 -5.2% | $475,000 -7.9% |
| 2023 | $8,703 +35.5% | $516,000 +0.2% |
| 2022 | $6,424 +11.2% | $515,000 +45.7% |
| 2021 | $5,775 -2.9% | $353,500 |
| 2020 | $5,947 +3% | $353,500 +5.1% |
| 2019 | $5,775 -2.9% | $336,500 +5% |
| 2018 | $5,947 +14.4% | $320,500 +22.1% |
| 2017 | $5,199 +5.7% | $262,500 +5% |
| 2016 | $4,920 +1.8% | $250,000 +15.2% |
| 2015 | $4,834 +9.8% | $217,000 +0% |
| 2014 | $4,404 +23.4% | $216,900 +33.5% |
| 2013 | $3,568 +2.8% | $162,500 |
| 2012 | $3,473 +4.8% | $162,500 |
| 2011 | $3,313 +3.2% | $162,500 -10% |
| 2010 | $3,212 -1.1% | $180,500 |
| 2009 | $3,247 +17.8% | $180,500 +14.2% |
| 2006 | $2,756 -4.8% | $158,000 +1.3% |
| 2005 | $2,894 +11.5% | $156,000 +20% |
| 2004 | $2,596 -4.5% | $130,000 +15.6% |
| 2002 | $2,720 -40.5% | $112,500 |
| 2001 | $4,574 | -- |
Find assessor info on the county website
Neighborhood: Whittier
Nearby schools
GreatSchools rating
- 2/10Whittier InternationalGrades: PK-5Distance: 0.6 mi
- NAAndersen CommunityGrades: PK-8Distance: 0.8 mi
- 6/10South Senior High SchoolGrades: 9-12Distance: 1.7 mi
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Estimated market value
$422,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$422,800
- Minnesota
- Hennepin County
- Minneapolis
- 55404
- Whittier
- 2416 4th Ave S
Nearby cities
Nearby neighborhoods
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