$ 634,000
-
$634,000
Price -
12
Bed -
6
Bath -
5,542
SqFt -
0.11
Acre
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About the Listing 40542 - 502045902
Turnkey 4-Plex Investment Opportunity, with a significant property tax savings in Minneapolis! Don't miss this exceptional opportunity to own a well-maintained, cash-flowing 4-plex in Minneapolis with significant recent capital improvements and long-term value. This property has been thoughtfully updated, allowing a new owner to step into a stable asset with strong income potential. Major improvements include new metal siding (2025), a new roof (2024), updated windows, newer high efficiency boilers, and water heaters-helping minizine future maintenance expenses. Inside, three of the four units recently received new flooring and paint throughout. One of the property's standout features is its enrollment in the City of Minneapolis 4d Affordable Housing Incentive Program, providing substantial property tax savings year after year, and enhancing overall cash flow. Combined with its positive cash flow and extensive updates, this is an outstanding opportunity for both seasoned investors and those looking to expand their rental portfolio. Whether you're seeking reliable income, reduced operating costs, or a well-maintained multifamily asset in a strong rental market, this Minneapolis 4-plex checks all the boxes
Listing Highlights
Interior Details
- Bedrooms: 12
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating: Baseboard,Boiler,Electric,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 5542
- Basement: Storage Space,Unfinished
- Other:
- Water: City Water/Connected
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 45x114
- Roof: Age 8 Years or Less
- Others:
- Sewer: City Sewer/Connected
Financial Details
- Tax Amount: $2,300
- Taxes w/Assessments: N/A
- Tax/Property ID: 3502924120078
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
2121 13th Ave S Minneapolis, MN 55404
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