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.
Listed By
Agency Name: Algo Realty Inc
Agency Phone: 612-433-4555
Shown By
Agent Name: Sherry Coauette
Agent Phone: (218) 280-8272
Agency Title: LeBlanc Realty
Estimated Payment
$ 2,327.09 per month $1,357.37 Principal & Interest $791.83 Property Tax $177.89 Homeowner's Insurance
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 scoauette.leblancrealty.com today.