Property Listing
Description
Fantastic opportunity to own a solid 4-unit property in a prime South Minneapolis location. Each unit offers 2 bedrooms and 1 bathroom with functional layouts that attract long-term tenants. The building is fully occupied and currently generates $5,601 per month in rents, with clear potential for increases over time. Two units are occupied by long-term residents, providing stability and reliable cash flow. This property is an excellent fit for both investors and owner-occupants. Live in one unit while the other three help cover your mortgage, or continue operating as a fully rented income property. Conveniently located near parks, restaurants, and major commuting routes, this building combines strong rental performance with everyday livability. Don’t miss your chance to secure a well-maintained multifamily property with both income and equity growth potential.
Property Information
Status: Active
Sub Type: ********
List Price: $609,900
MLS#: 6787348
Current Price: $609,900
Address: 3548 Portland Avenue, Minneapolis, MN 55407
City: Minneapolis
State: MN
Postal Code: 55407
Geo Lat: 44.938054
Geo Lon: -93.268027
Subdivision: Clinton Ave Add
County: Hennepin
Property Description
Year Built: 1923
Lot Size SqFt: 5227.2
Gen Tax: 9502
Specials Inst: 0
High School: ********
Square Ft. Source:
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Below Grade Finished Area:
Below Grade Unfinished Area:
Total SqFt.: 4096
Style: Array
Total Bedrooms: 8
Total Bathrooms: 4
Total Full Baths:
Garage Type:
Garage Stalls: 0
Waterfront:
Property Features
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Inclusions: ********
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