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  • $655,000

    7230 W River Rd, Minneapolis, MN 55430

    7beds
    4baths
    3,980sqft
    Quadruplex
    Built in 1976
    -- sqft lot
    $668,200 Zestimate®
    $165/sqft
    $2,132 Estimated rent

    Home value

    $668,200

    $615,000 - $728,000

    $2,132/mo

    Zestimate® history
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    $2,132/mo

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    $2,132/mo

    Rent Zestimate®

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    $4,003/mo

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    $4,003/mo

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    What's special

    Impressive, well-updated & maintained four-plex in a great location! Perfect investment opportunity for investors looking to add to their portfolio or an owner-occupant buyer!! Live in one unit and rent out the rest while cash flowing to cover your mortgage or keep all units rented and make passive income! Plus make extra income with the onsite coin-op laundry and garage stalls. Two units have been fully renovated. Perfect split-entry floor plan where each unit has their own entrance and exits, a foyer area in the front and back with fully heated hallways, and a wide driveway that leads to four detached garage stalls. Seller has put in a lot of value add to the property and several updates to the property! Just blocks from the Mississippi River, trails, shops and one block to the bus stop. All four units are currently leased. Ask how you can put down as low as 3.5%-5% for this 4-Plex!

    Zillow last checked: 8 hours ago

    Listing updated: February 15, 2025 at 01:02pm

    Listed by:

    Nalee Vue 612-385-3427,

    Home Sellers,

    Johnny Lee 763-910-1236

    Bought with:

    Search Houses Now Team

    Keller Williams Classic Rlty NW

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6650186MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    Heating
    • Baseboard, Boiler
    Appliances
    • Laundry: Coin-op Laundry Owned
    Features
    • Basement: Daylight,Drain Tiled,Finished,Full,Owner Access,Storage Space,Sump Pump
    Interior area
    • Total structure area: 3,980
    • Total interior livable area: 3,980 sqft
    • Finished area above ground: 1,990
    • Finished area below ground: 1,990

    Property

    Parking
    • Total spaces: 4
    • Parking features: Detached, Asphalt, Multiple Garages
    • Garage spaces: 4
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Multi/Split
    • Fencing: None
    Lot
    • Size: 0.34 Acres
    • Dimensions: 120 x 130
    Details
    • Foundation area: 1990
    • Parcel number: 2511921420044
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Vinyl Siding
    • Roof: Asphalt
    Condition
    • Age of Property: 49
    • New construction: No
    • Year built: 1976

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Minneapolis
    • Subdivision: Swanson Add

    Price history

    DateEventPrice
    2/14/2025Sold$655,000+4.1%$165/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6650186
    1/25/2025Pending sale$629,000$158/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6650186
    1/24/2025Listed for sale$629,000+36.7%$158/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6650186
    5/31/2024Listing removed--
    Source: Zillow Rentals
    3/8/2024Listed for rent$1,500
    Source: Zillow Rentals

    Public tax history

    Tax history is unavailable.

    Neighborhood: 55430

    Nearby schools

    GreatSchools rating
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    $668,200
    2% more+ $13,364
    With Zillow Showcase(estimated)
    $681,564