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 $5,601 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.
Active
Price cut: $20K (9/29)
$609,900
3548 Portland Ave, Minneapolis, MN 55407
8beds
4baths
4,096sqft
Est.:
Quadruplex
Built in 1923
-- sqft lot
$605,400 Zestimate®
$149/sqft
$-- HOA
What's special
- 23 days |
- 383 |
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