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$ 609,900
Est. payment /mo
New
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 $148
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