3485 Lester Avenue, Hastings, MN 55033

Hastings
Local realty services provided by:ERA MyPro Realty
Listed by: luke steele
Office: edina realty, inc.
MLS#:7117247
Source:Metro MLS
3485 Lester Avenue,Hastings, MN 55033
$549,900
  • - Beds
  • - Baths
  • 3,300 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$549,900
  • Price per sq. ft.:$166.64

About this home

Incredible investment opportunity! This 4-plex features four 2 bedroom, 1 bath units with functional open layouts designed for comfortable living. Upper-level units offer private balconies, while tenants enjoy the convenience of on-site laundry, dedicated garage parking with one stall per unit, and additional off-street parking. A strong rental history with long-term tenants provides added confidence for investors seeking a proven income-producing property. Conveniently located near parks, shopping, restaurants, and major transportation routes, this property offers a desirable location that continues to attract and retain renters. Whether you're expanding your portfolio or purchasing your first multifamily property, this is an opportunity you won't want to miss.

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Home facts

  • Year built:1969
  • Subdivision & Development:Powers Place
  • Listing ID #:7117247
  • Added:57 day(s) ago
  • Updated:August 20, 2026 at 03:30 PM

Rooms and interior

  • Living area:3,300 sq. ft.

Heating and cooling

  • Heating:Electric, Radiant

Structure and exterior

  • Year built:1969
  • Building area:3,300 sq. ft.
  • Lot area:0.37 Acres
  • Construction Materials:Brick/Stone
  • Levels:2 Story

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$549,900
  • Price per sq. ft.:$166.64
  • Tax amount:$6,519 (2026)

Features and amenities

  • Amenities:Cable, Electricity

Parking

  • Parking description:Garage - Detached
  • Garage spaces:5
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