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  • $492,900

    3485 Lester Ave, Hastings, MN 55033

    8beds
    4baths
    3,300sqft
    Fourplex
    Built in 1969
    -- sqft lot
    $492,600 Zestimate®
    $149/sqft
    $1,849 Estimated rent

    Home value

    $492,600

    $463,000 - $522,000

    $1,849/mo

    Zestimate® history
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    $1,849/mo

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    $3,175/mo

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    What's special

    Functional open layoutsAdditional off-street parkingOn-site laundry
    Incredible investment opportunity! This 4-plex features four 2 bedroom, 1 bath units with functional open layouts designed for comfortable living. Upper-level units offer private balconies, while tenants enjoy the convenience of on-site laundry, dedicated garage parking with one stall per unit, and additional off-street parking. A strong rental history with long-term tenants provides added confidence for investors seeking a proven income-producing property. Conveniently located near parks, shopping, restaurants, and major transportation routes, this property offers a desirable location that continues to attract and retain renters. Whether you're expanding your portfolio or purchasing your first multifamily property, this is an opportunity you won't want to miss.

    Zillow last checked:

    Listing updated:

    Listed by:

    Steele Brothers 715-602-0310,

    Edina Realty, Inc.

    Bought with:

    Holly A. Jones, GRI, CRS

    Property Executives Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7117247MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Radiator, Radiant
    Features
    • Basement: None
    Interior area
    • Total structure area: 3,300
    • Total interior livable area: 3,300 sqft
    • Finished area above ground: 1,650
    • Finished area below ground: 1,650

    Property

    Parking
    • Total spaces: 5
    • Parking features: Detached Garage
    • Garage spaces: 5
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    Lot
    • Size: 0.37 Acres
    Details
    • Foundation area: 1650
    • Parcel number: 195850000113
    • 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: 1969

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Security Lights
    • Subdivision: Powers Place
    HOA
    • Amenities included: Laundry, Security Lighting
    Location
    • Region: Hastings

    Financial & listing details

    • Price per square foot: $149/sqft
    • Annual tax amount: $6,519
    • Date on market: 7/28/2026
    • Cumulative days on market: 23 days
    • Tenant pays: Electricity, Trash Collection

    Price history

    DateEventPrice
    9/14/2026Sold$492,900-10.4%$149/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7117247 Report a problem
    8/20/2026Pending sale$549,900$167/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7117247 Report a problem
    7/28/2026Listed for sale$549,900+124.4%$167/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7117247 Report a problem
    10/16/2009Sold$245,000$74/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #1690786 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 55033

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $492,600

    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

    $492,600