$515,000
$549,900
6.3%For more information regarding the value of a property, please contact us for a free consultation.
3,000 SqFt
SOLD DATE : 03/28/2025
Key Details
Sold Price $515,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $171
Subdivision Bidlemans Add
MLS Listing ID 6643930
Sold Date 03/28/25
Year Built 1927
Annual Tax Amount $6,739
Tax Year 2024
Contingent None
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40 x 123
Property Sub-Type Quadruplex
Property Description
Fully rented, well maintained & performing 4-plex in high demand, Powderhorn Park - just a block from Matt's! Separately metered gas & electric. 4 x 1 br units - 12 month leases; Rents - Unit 1: $1,000; Unit 2: $1,075; Unit 3: $1,095; Unit 4: $1,050. Windows replaced 2009. Glass block basement windows replaced 2017. 4 off-street parking spaces behind building as well as shaded patio area. 2 coin-op laundry in basement. 5 newer water heaters and 2 newer boilers. 2 large storage units per apt. Great opportunity for investor or owner-occ!
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Block, Storage/Locker, Storage Space, Unfinished
Interior
Heating Hot Water
Fireplace No
Exterior
Parking Features Asphalt
Fence Chain Link, Partial
Roof Type Age 8 Years or Less,Flat
Building
Lot Description Tree Coverage - Light
Story Two
Foundation 1500
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick/Stone,Metal Siding,Stucco,Wood Siding
New Construction false
Schools
School District Minneapolis
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