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$539,999
Est. payment /mo
12 Beds
4 Baths
3,124 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,124 sqft
Price per Sqft $172
Subdivision Gales 1St Add
MLS Listing ID 7101570
Bedrooms 12
Year Built 1913
Annual Tax Amount $9,147
Tax Year 2026
Contingent None
Lot Size 4792.000 Acres
Lot Dimensions 84.5 x 58
Property Sub-Type Duplex Other
Property Description
Rare opportunity to own a well-maintained, turnkey fourplex in a desirable location! Whether you're looking to owner-occupy or expand your investment portfolio, this property offers exceptional value. Live in one unit while the rental income helps offset your mortgage and living expenses, or enjoy strong, consistent cash flow as a fully leased investment.
The property has maintained 100% occupancy over the past year with outstanding tenants and currently generates $5,800 per month in rental income. Each unit features two bedrooms plus a bright front sunroom, offering the flexibility to use the space as a home office, nursery, or potential third bedroom.
Recent updates include a new water heater, adding peace of mind for the next owner. Additional amenities include a private off-street parking lot, providing convenient parking for tenants.
This is a rare opportunity to purchase a move-in, rent-ready fourplex with a proven rental history and excellent income potential.
The property has maintained 100% occupancy over the past year with outstanding tenants and currently generates $5,800 per month in rental income. Each unit features two bedrooms plus a bright front sunroom, offering the flexibility to use the space as a home office, nursery, or potential third bedroom.
Recent updates include a new water heater, adding peace of mind for the next owner. Additional amenities include a private off-street parking lot, providing convenient parking for tenants.
This is a rare opportunity to purchase a move-in, rent-ready fourplex with a proven rental history and excellent income potential.
Location
State MN
County Hennepin
Rooms
Basement Block, Unfinished
Interior
Heating Boiler, Steam
Fireplace No
Exterior
Parking Features Assigned, Concrete, Shared Driveway, Open
Building
Story Two
Foundation 1562
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Minneapolis
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Listed by Benjamin Jacobs • Bridge Realty, LLC
NEARBY SCHOOL & BUSINESS
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