2121 13th AVE S, Minneapolis, MN 55404
2121 13th AVE S, Minneapolis, MN 55404
2121 13th AVE S, Minneapolis, MN 55404
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Meta Realty

Meta Realty

Meta Realty

+1(952) 243-0037
$649,000
Est. payment /mo
12 Beds
6 Baths
5,542 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,542 sqft

Price per Sqft $117

Subdivision Eliots Add

MLS Listing ID 7105569

Bedrooms 12

Year Built 1900

Annual Tax Amount $2,300

Tax Year 2026

Contingent None

Lot Size 4,791 Sqft

Lot Dimensions 45x114

Property Sub-Type Fourplex

Property Description

Turnkey 4-Plex Investment Opportunity 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 solid investment 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 have been recently renovated, making the property attractive to tenants while still offering upside potential with the remaining unit.

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.

Location

State MN

County Hennepin

Rooms

Basement Storage Space, Unfinished

Interior

Heating Baseboard, Boiler

Fireplace No

Laundry In Basement, Common Area

Exterior

Roof Type Age 8 Years or Less

Building

Story More Than 2 Stories

Foundation 1944

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories More Than 2 Stories

New Construction false

Schools

School District Minneapolis

Read Less Info
Listed by Michael Weber • RE/MAX Results

Questions about this property?

Meta Realty
Meta Realty

Brokerage | License ID: 40908061

+1(952) 243-0037 | info@metarealtymn.com

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2121 13th AVE S

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