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Neal Lawson

neal@mndreamteam.com +1(612) 418-5892

$ 569,900

Est. payment -/mo

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Active

3548 Portland AVE Minneapolis, MN 55407

8 Beds

4 Baths

4,096 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,096 sqft

Price per Sqft $139

Subdivision Clinton Ave Add

MLS Listing ID 7079608

Bedrooms 8

Year Built 1923

Annual Tax Amount $9,502

Tax Year 2025

Contingent None

Lot Size 5,227 Sqft

Lot Dimensions 42x120

Property Sub-Type Fourplex

Property 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 $5,790 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.

Location

State MN

County Hennepin

Rooms

Basement Daylight/Lookout Windows, Full, Unfinished

Interior

Heating Boiler

Fireplace No

Exterior

Parking Features Concrete

Building

Story Two

Foundation 2048

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

School District Minneapolis

Listed by Grigoriy Gorshteyn • Algo Realty Inc

NEARBY SCHOOLS & PROPERTIES

Neal Lawson

Broker Associate | License ID: 502039225

+1(612) 418-5892

Neal Lawson

3548 Portland AVE Minneapolis, MN 55407

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

NEARBY SCHOOLS & PROPERTIES

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