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2121 13th Avenue S, Minneapolis, MN 55404

New - 11 Hours Ago

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Listed By

Agency Name: RE/MAX Results
Agency Phone: 763-235-7000

Shown By

Agent Name: Chad Piepho, Broker
Agent Phone: (218) 963-MOVE
Agency Title: Counselor Realty

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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.

2121 13th Avenue S | MLS# 7105569

This multi-family property located at 2121 13th Avenue S, Minneapolis, MN 55404 is currently listed for sale with an asking price of $649,000. 13th Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on cpiepho.counselorrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Storage Space, Unfinished
Basement: Yes
Heating: Baseboard, Boiler
Lot Size: 0.11 Acres
Roof Type: Age 8 Years or Less
Taxes: $2,300
Year Built: 1900

Feature Descriptions

Foundation Size: 1944
Lot Dimensions: 45x114
Parcel#: 3502924120078
Sewer: City Sewer/Connected
Units: 4
Water: City Water/Connected

Local Schools

School District: Minneapolis

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Estimated Payment

$ 3,835.21 per month $3,454.25 Principal & Interest $191.67 Property Tax $189.29 Homeowner's Insurance

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