$925,000
Minneapolis, MN 55408
MLS# 7036190
9 beds | 9 baths | 5400 sqft
1 / 42
Property Description
Discover a prime investment opportunity with this well-maintained fourplex in the heart of Uptown Minneapolis, built in 2005. Featuring four spacious units, each with modern kitchens, bathrooms and in-unit laundry, this property boasts a stellar rental history and high-quality tenants, ensuring a steady income stream. Located steps from numerous restaurants, shops, and public transportation, the vibrant Uptown area is a desirable location in Minneapolis. With regular maintenance and newer construction compared to the neighborhood, this fourplex offers excellent potential for long-term growth in a robust rental market. Don't miss the chance to add this solid investment to your portfolio!
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Active
Contingency: None
Current Price: $925,000
Original List Price: 925000
ListPrice: 925000
List Date: 2026-03-13
Office/Member Info
Association: SPAAR
General Property Information
# Carport Spaces: 0
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 2005
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Lot Dimensions: 45x129
Acres: 0.13
Main Floor Total SqFt: 1800
Below Grd Total SqFt: 1800
Above Ground SqFt: 3600
Total Finished Sqft: 4900.00
Foundation Size: 1800
Style: (MF) Four Plex
Garage Stalls: 3
Bedrooms: 9
Baths Total: 9
Total SqFt: 5400
Location, Tax and Other Information
Legal Description: LOT 005 BLOCK 010 BAKERS ADDN TO MPLS
Listing City: Minneapolis
Map Page: 120
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 3712
Property ID Number: 0302824320126
Tax Year: 2025
Tax Amount: 14312
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Discover a prime investment opportunity with this well-maintained fourplex in the heart of Uptown Minneapolis, built in 2005. Featuring four spacious units, each with modern kitchens, bathrooms and in-unit laundry, this property boasts a stellar rental history and high-quality tenants, ensuring a steady income stream. Located steps from numerous restaurants, shops, and public transportation, the vibrant Uptown area is a desirable location in Minneapolis. With regular maintenance and newer construction compared to the neighborhood, this fourplex offers excellent potential for long-term growth in a robust rental market. Don't miss the chance to add this solid investment to your portfolio!
Directions: I-35 to 35th-36th Street, west on 35th Street to Grand Avenue, south to property.
Accessible
None: 1
Amenities Shared
None: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 14312
Assumable Loan
Not Assumable: 1
Basement
Concrete Block: 1
Egress Windows: 1
Building Information
Finished SqFt Above Ground: 3600
Finished SqFt Below Ground: 1300
Construction Status
Previously Owned: 1
Electric
100 Amp Service: 1
Exterior
Brick/Stone: 1
Vinyl: 1
Fencing
None: 1
Foundation
Concrete Block: 1
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Laundry
In Unit: 1
Lease Details
Land Leased: Not Applicable
Lock Box Type
Combo: 1
Miscellaneous Information
DP Resource: Yes
Homestead: No
Owner Pays
Trash Collection: 1
Water: 1
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 20x30
Garage Square Feet: 600
Patio, Porch and Deck Features
Terrace: 1
Pool Description
None: 1
Public Survey Info
Range#: 24
Section#: 03
Township#: 28
Rental License Type
Standard: 1
Road Frontage
City Street: 1
Road Responsibility
Public Maintained Road: 1
Roof
Age Over 8 Years: 1
Sellers Terms
Cash: 1
Conventional: 1
FHA: 1
Sewer
City Sewer/Connected: 1
Stories
Two: 1
Unit 1
Furnished?: No
Leased?: Yes
Unit Number: 1
Monthly Rent: 2975
Full Baths: 1
Total Rooms: 9
1/2 Baths: 1
3/4 Baths: 2
Annual Rent: 35700
Finished SqFt: 2000
No. of Units Like This: 1
Total Baths: 4
Total Bedrooms: 4
Unit Details
Total Units: 4
Water
City Water/Connected: 1
Income and Expenses
Annual Caretaker Expense: 0
Annual Electric Expense: 440
Annual Fuel Expense: 0
Annual Gross Expenses: 15981
Annual Gross Income: 91500
Annual Insurance Expense: 6138
Annual Maintenance Expense: 1650
Annual Repair Expense: 2300
Annual Trash Expense: 1386
Annual Water/Sewer Expense: 4067
Misc Monthly Income: 0
Misc. Annual Income: 0
Total Annual Expenses: 15981
No. of Ranges
Four: 1
No. of Refrigerators
Four: 1
Tenant Pays
Other: 1
Unit 1 Appliances
Dishwasher: 1
Range: 1
Refrigerator: 1
Unit 1 Cooling
Central: 1
Unit 2
Furnished?: No
Leased?: Yes
Unit Number: 2
3/4 Baths: 1
Annual Rent: 24600
Finished SqFt: 1300
Full Baths: 1
Monthly Rent: 2050
No. of Units Like This: 1
Total Baths: 2
Total Bedrooms: 3
Total Rooms: 6
Unit 2 Appliances
Dishwasher: 1
Range: 1
Refrigerator: 1
Unit 2 Cooling
Central: 1
Unit 3
Furnished?: No
Leased?: Yes
Unit Number: 3
Annual Rent: 19200
Finished SqFt: 1000
Full Baths: 1
Monthly Rent: 1600
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 6
Unit 3 Amenities
Balcony: 1
Unit 3 Appliances
Dishwasher: 1
Range: 1
Refrigerator: 1
Unit 3 Cooling
Central: 1
Unit 4
Furnished?: No
Leased?: No
Level: Below Ground
Unit Number: 4
3/4 Baths: 1
Finished SqFt: 330
Full Baths: 1
No. of Units Like This: 1
Total Baths: 2
Total Rooms: 1
Location Tax and Other Information
House Number: 3514
Street Name: Grand
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55408
Complex/Dev/Subdivision: Bakers Add
Property Features
Accessible: None
Amenities Shared: None
Assumable Loan: Not Assumable
Basement: Concrete Block; Egress Windows
Construction Status: Previously Owned
Electric: 100 Amp Service
Exterior: Brick/Stone; Vinyl
Fencing: None
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Laundry: In Unit
Lock Box Type: Combo
Owner Pays: Trash Collection; Water
Pool Description: None
Rental License Type: Standard
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Roof: Age Over 8 Years
Sellers Terms: Cash; Conventional; FHA
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: Other
Unit 1 Appliances: Dishwasher; Range; Refrigerator
Unit 1 Cooling: Central
Unit 2 Appliances: Dishwasher; Range; Refrigerator
Unit 2 Cooling: Central
Unit 3 Amenities: Balcony
Unit 3 Appliances: Dishwasher; Range; Refrigerator
Unit 3 Cooling: Central
Water: City Water/Connected
Listing Office: Real Broker, LLC
Last Updated: March - 27 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.