Great investment 4-plex opportunity with good cash flow. All units are rented and the property has an excellent rental history. Well maintained and updated. New electrical system. Three spacious 2 bedroom one bath units and a large 2-floor 5 bedroom and two bath unit. Separate electrical and gas for each unit. Unit 1 leases for $1,390/month at $1,390 through August 31, 2026. Unit 2 leases for $1,420/month through July 31, 2026. Unit 3 leases for $1,410/month and is a month-to-month contract. Unit 4 leases for $2,440/month through May 31, 2026. Original features include a classic front porch, hardwood floors, leaded glass windows. A driveway is on the Southside of the property. Located in a historically designated area. Highly walkable to the Hennepin and Lyndale corridors with stores, restaurants and entertainment venues close by.
Active
$849,000
2316-18 Aldrich Ave S, Minneapolis, MN 55405
11beds
5baths
7,470sqft
Est.:
Quadruplex
Built in 1900
-- sqft lot
$836,400 Zestimate®
$114/sqft
$-- HOA
What's special
Hardwood floorsLeaded glass windows
- 37 days |
- 631 |
- 26 |
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