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$569,900
Est. payment /mo
5 Beds
4 Baths
3,308 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,308 sqft
Price per Sqft $172
Subdivision Garfield Ave Add
MLS Listing ID 6812015
Bedrooms 5
Year Built 1900
Annual Tax Amount $9,636
Tax Year 2026
Contingent None
Lot Size 4,791 Sqft
Lot Dimensions See Lister
Property Sub-Type Fourplex
Property Description
This Multi-Family 4-Plex on Lyndale Avenue offers an 899 sq ft finished attic with potential to convert into a 5th unit (requires kitchen addition). Note: converting to a 5th unit changes the property status from residential to commercial with the City of Minneapolis. Zoned CM2 ("Corridor Mixed Use District"), this property is ideal for exploring small business opportunities on the first level while maintaining residential units above. Buyers must verify all City regulations and requirements. A new rear staircase was completed in July of 2025. The largest unit, over 1,100 square feet, includes two bedrooms and an office. It features hardwood floors, high ceilings, built-ins, and both front and rear entrances. A single-car garage provides added convenience. All units are on a month-to-month lease, allowing flexibility for the new owner. Exceptional property with endless potential — don't miss out!
Location
State MN
County Hennepin
Zoning Business/Commercial,Residential-Multi-Family,Other
Rooms
Basement Other
Interior
Heating Hot Water
Fireplace No
Exterior
Parking Features Detached Garage
Garage Spaces 1.0
Roof Type Asphalt
Building
Story More Than 2 Stories
Foundation 1624
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories More Than 2 Stories
New Construction false
Schools
School District Minneapolis
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Listed by Christian Knudson • Coldwell Banker Realty - Lakes
NEARBY SCHOOL & BUSINESS
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