1537 E 38th Street, Minneapolis, MN 55407

Minneapolis
Local realty services provided by:ERA Prospera Real Estate
1537 E 38th Street,Minneapolis, MN 55407
$725,000
  • 8 Beds
  • 4 Baths
  • 3,456 sq. ft.
  • Multi-family
  • Active
Listed by: jacqueline sandoval
Office: national realty guild
MLS#:7032128
Source:NSMLS

Price summary

  • Price:$725,000
  • Price per sq. ft.:$209.78

About this home

Fully Renovated Fourplex | Turn-Key Investment Opportunity | Prime South Minneapolis Location Exceptional opportunity to own a recently renovated fourplex in the heart of South Minneapolis. This well-maintained multifamily property has undergone extensive interior and exterior improvements, making it a strong turn-key investment with additional value-add potential. The exterior has been completely refreshed, Improvements include brand-new siding, exterior paint, and new upper rear windows, along with a fully rebuilt upper balcony featuring new decking and flooring. The front porch flooring has been replaced and the stucco professionally restored, preserving the property’s character while enhancing durability. Common areas have also been updated with new carpeting on the stairways. Inside, the units have been thoughtfully remodeled, featuring new kitchens, updated bathrooms, new flooring, fresh paint, modern light fixtures, and efficient hot and cold mini-split systems. Each unit...

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Home facts

  • Year built:1911
  • Listing ID #:7032128
  • Added:54 day(s) ago
  • Updated:April 30, 2026 at 01:43 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Basement:Yes
  • Basement Description:Block, Full
  • Living area:3,456 sq. ft.

Heating and cooling

  • Heating:Baseboard, Boiler

Structure and exterior

  • Roof:Asphalt
  • Year built:1911
  • Building area:3,456 sq. ft.
  • Lot area:0.14 Acres
  • Lot Features:Corner Lot
  • Construction Materials:Block
  • Levels:2 Story

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$725,000
  • Price per sq. ft.:$209.78
  • Tax amount:$7,037 (2025)

Parking

  • Parking description:Parking Lot
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