Description
This fully occupied and newly updated 4-plex in Uptown generates over $5,335/month in gross rental income. The property features a new garage roof and paint, updated fencing, split electrical systems, fresh landscaping, centralized owner-controlled heating, eight parking spaces (including a detached garage), and convenient alley trash pickup. A spacious unfinished attic adds potential value, while reliable tenants ensure low maintenance. Located one block from the Greenway and four blocks from Lake of the Isles, this quiet neighborhood is steps from grocery stores, lakes, restaurants, nightlife, and bike trails, embodying the Minneapolis Lakes lifestyle. Recent high-rise developments nearby enhance the area’s appeal.
Property Details
- Parking FeaturesAssigned, Detached, Garage Door Opener, Paved, Storage
- Basement DescriptionEgress Window(s), Finished, Storage/Locker, Storage Space
- Sewer InformationCity Sewer/Connected
- Utility SourceCity Water/Connected
- Parcel Number3302924420004
- Property TypeMulti-Family
- School DistrictMinneapolis
- HeatingForced Air
- Property SubtypeQuadruplex
- CountyHennepin
- RoofAsphalt
- Taxes Annual$10,105
- MLS #6634541
- MLS #6634541
- Parking TypeGarage
- Cost699900
- Square Feet3852
- Year Built1900
- Days on Market (Cumulative)60
- Parking Spaces2
- Basement1
- Basement Finished1
Location
Legal
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Last Updated: . Source: NORTHSTAR
Listing Courtesy
Listing Agent: Isaac Kuehn (#NST506014119)
Listing Office: DRG (#NST7970)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.