$700,000
$650,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
3,584 SqFt
SOLD DATE : 06/13/2025
Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,584 sqft
Price per Sqft $195
Subdivision Z Demeules Sub Of Lts Bottineaus 2Nd
MLS Listing ID 6713434
Sold Date 06/13/25
Year Built 1962
Annual Tax Amount $8,574
Tax Year 2024
Contingent None
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 110x38
Property Sub-Type Quadruplex
Property Description
Rare Opportunity in Northeast Minneapolis – Well-Maintained 4-Plex in the Heart of the Arts District. Don't miss this exceptional investment opportunity in one of Minneapolis' most sought-after neighborhoods. This solidly built 4-plex is ideally located in the vibrant Northeast Arts District—just steps from scenic walking and biking trails and some of the city's most popular restaurants, cafes, and breweries. Owned and meticulously cared for by the same owner for over 50 years, this property offers lasting quality and peace of mind. The exterior features low-maintenance brick and stucco, while major updates include a new roof, gutters, soffit, and fascia completed in 2017. The boiler has been recently serviced by CenterPoint Energy. The building includes Three 2-bedroom, 1-bath units and One 1-bedroom, 1-bath unit. It also features aCoin-operated laundry in the basement for additional income. Whether you're a seasoned investor or just getting started, this property offers reliable rental income in a high-demand location. Schedule your showing today—opportunities like this don't last long!
Location
State MN
County Hennepin
Rooms
Basement Daylight/Lookout Windows, Finished, Full, Storage Space
Interior
Heating Boiler
Fireplace No
Exterior
Parking Features Asphalt, Parking Lot
Fence None
Roof Type Age Over 8 Years
Building
Lot Description Corner Lot
Story Split Entry (Bi-Level)
Foundation 1792
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Split Entry (Bi-Level)
Structure Type Brick/Stone,Stucco
New Construction false
Schools
School District Minneapolis
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "