Prime Investment Opportunity in South Minneapolis! This fully occupied triplex is ideally located just steps from Minnehaha Trail, local coffee shops, and top restaurants. The property features 3 spacious units totaling 8 bedrooms and 5 bathrooms, with one unit currently on a month-to-month lease—offering flexibility for future plans. Highlights include beautiful hardwood floors throughout, a newly renovated basement unit, and a brand-new garage. A rare chance to own a turnkey income property in one of the city’s most walkable and desirable neighborhoods. Owner is the listing agent.
Active
$699,500
4429 Portland Ave, Minneapolis, MN 55407
8beds
5baths
4,680sqft
Est.:
Triplex
Built in 1931
-- sqft lot
$699,300 Zestimate®
$149/sqft
$-- HOA
What's special
- 75 days
- on Zillow |
- 530 |
- 33 |
Zillow last checked: 7 hours ago
Listing updated: June 04, 2025 at 08:54am
Listed by:
Caleb Makor 701-799-6979,
National Realty Guild
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6725446

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Heating
- Boiler, Fireplace(s), Hot Water
Appliances
- Laundry: Coin-op Laundry Owned
Features
- Basement: Full,Partially Finished
Interior area
- Total structure area: 4,680
- Total interior livable area: 4,680 sqft
- Finished area above ground: 3,120
- Finished area below ground: 1,240
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
- Details: Garage Dimensions (22'x19')
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 5,662.8 Square Feet
- Dimensions: 50 x 117
- Features: Near Public Transit, Wooded
Details
- Foundation area: 1560
- Parcel number: 1102824330082
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Stucco
- Roof: Asphalt,Pitched
Condition
- Age of Property: 94
- New construction: No
- Year built: 1931
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
HOA
- Amenities included: Coin-op Laundry Owned, Porch
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $149/sqft
- Tax assessed value: $585,000
- Annual tax amount: $8,775
- Date on market: 5/23/2025
- Tenant pays: Cable TV, Electricity
- Road surface type: Paved
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