2535 Aldrich Avenue S, Minneapolis, MN 55405
Local realty services provided by:ERA Gillespie Real Estate
2535 Aldrich Avenue S,Minneapolis, MN 55405
$1,175,000
- 11 Beds
- 5 Baths
- 5,225 sq. ft.
- Multi-family
- Active
Listed by: paul a olson, grace mcdonald
Office: keller williams realty integrity lakes
MLS#:7055953
Source:NSMLS
Price summary
- Price:$1,175,000
- Price per sq. ft.:$221.2
About this home
Welcome to one of the most heavily updated and upgraded historic fourplexes in Minneapolis! This stately four-home property combines the rich luxury of it's original Victorian embellishments with important large scale upgrades, ensuring that its future steward has a stress-free, smooth ownership. This is a must-show for your investor buyers and owner occupants alike. Too many updates than are possible to list here. No expense was spared while completely redoing all of the electric, plumbing, heating, siding, windows, roofing and maintenance of this home. Inside you will be captivated by the original trim and millwork, coal-burning tiled fireplaces (decorative), tall ceilings, beautiful south facing windows, and massive front balconies in 3 of the 4 units. Most every kitchen and bathroom has been upgraded, and all HVAC mechanicals are modern high efficiency, with billing directed to the tenants. Delivering impressive cashflow with room to grow, this property has always been easy to lease with its charm, solid construction/maintenance, and massive four car garage. Fully fenced and with a private back yard hang out area, this is a no brainer for furnished medium/short term rentals. Looking to wipe out your 2026 income tax burden? This property may be a good fit for accelerated depreciation under new IRS tax code. Do not hesitate to set up a showing of this unique and exceptionally well maintained property. Seller is willing to consider creative financing options, including seller financing, for qualified buyers....
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Home facts
- Year built:1908
- Listing ID #:7055953
- Added:1 day(s) ago
- Updated:June 13, 2026 at 03:44 PM
Rooms and interior
- Bedrooms:11
- Total bathrooms:5
- Basement:Yes
- Basement Description:Egress Window(s), Finished, Full, Shared Access, Storage Space
- Living area:5,225 sq. ft.
Heating and cooling
- Heating:Ductless Mini-Split, Forced Air, Hot Water, Radiant
Structure and exterior
- Roof:Age 8 Years or Less
- Year built:1908
- Building area:5,225 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Public Transit (w/in 6 blks), Tree Coverage - Light
- Exterior Features:Common Garden, Deck, Patio, Porch
- Levels:2+ Story
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$1,175,000
- Price per sq. ft.:$221.2
- Tax amount:$15,137 (2025)
Parking
- Parking description:Detached Garage
- Garage:Yes
- Garage spaces:4
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