2121 13th Avenue S, Minneapolis, MN 55404
Local realty services provided by:ERA Gillespie Real Estate
2121 13th Avenue S,Minneapolis, MN 55404
$649,000
- 12 Beds
- 6 Baths
- 5,542 sq. ft.
- Multi-family
- Active
Listed by: michael weber
Office: re/max results
MLS#:7105569
Source:NSMLS
Price summary
- Price:$649,000
- Price per sq. ft.:$87.16
About this home
Turnkey 4-Plex Investment Opportunity, with a significant property tax savings 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....
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Home facts
- Year built:1900
- Subdivision & Development:Eliots Add
- Listing ID #:7105569
- Added:49 day(s) ago
- Updated:September 06, 2026 at 12:09 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:6
- Basement:Yes
- Basement Description:Storage Space, Unfinished
- Living area:5,542 sq. ft.
Heating and cooling
- Heating:Baseboard, Boiler
Structure and exterior
- Roof:Age 8 Years or Less
- Year built:1900
- Building area:5,542 sq. ft.
- Lot area:0.11 Acres
- Levels:2+ Story
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$649,000
- Price per sq. ft.:$87.16
- Tax amount:$2,300 (2026)
Features and amenities
- Laundry features:Coin-op Laundry Owned
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