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3548 Portland Avenue , Minneapolis, MN 55407
$609,900
SQUARE FEET 4,096
MLS# 7079608
STATUS: Active
PROPERTY TYPE: Multi Unit - Multiple
SUBDIVISION: Clinton Ave Add
SCHOOL: Minneapolis
Property Description
Fantastic opportunity to own a solid 4-unit property in a prime South Minneapolis location. Each unit offers 2 bedrooms and 1 bathroom with functional layouts that attract long-term tenants. The building is fully occupied and currently generates $5,790 per month in rents, with clear potential for increases over time. Two units are occupied by long-term residents, providing stability and reliable cash flow. This property is an excellent fit for both investors and owner-occupants. Live in one unit while the other three help cover your mortgage, or continue operating as a fully rented income property. Conveniently located near parks, restaurants, and major commuting routes, this building combines strong rental performance with everyday livability. Don't miss your chance to secure a well-maintained multifamily property with both income and equity growth potential.
Property Features
Property Type: Multi Unit - Multiple Basement: Yes Basement: Daylight/Lookout Windows, Full, Unfinished Heating: Boiler Lot Size: 0.12 Acres Taxes: $9,502 Year Built: 1923
Feature Descriptions
Days on Site: 13
Foundation Size: 2048
Lot Dimensions: 42x120
Parcel#: 0302824410146
Parking: Concrete
Sewer: City Sewer/Connected
Units: 4
Water: City Water/Connected
Local Schools
School District: Minneapolis
Listed By / Shown By
Agency Name: Algo Realty Inc
Agency Phone: 612-433-4555
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Estimated Payment
$ 4,215.86 per month
$3,246.14 Principal & Interest
$791.83 Property Tax
$177.89 Homeowner's Insurance
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3548 Portland Avenue | MLS# 7079608
This multi-family property located at 3548 Portland Avenue , Minneapolis, MN 55407 is currently listed for sale with an asking price of $609,900. Portland Avenue is located within the Minneapolis school district. Search Minneapolis real estate on scarlson.counselorrealty.com today.