2549 11th Avenue S, Minneapolis, MN 55404

Local realty services provided by:ERA Gillespie Real Estate
2549 11th Avenue S,Minneapolis, MN 55404
$749,900
  • 10 Beds
  • 5 Baths
  • 3,822 sq. ft.
  • Multi-family
  • Active
Listed by: bradley edlefsen
Office: edina realty, inc.
MLS#:7149877
Source:NSMLS

Price summary

  • Price:$749,900
  • Price per sq. ft.:$168.21

About this home

Turnkey, 100% occupied four-plex delivering immediate cash flow in a prime Minneapolis location. Generating gross rental income of $6,548/month ($78,576 annualized), this high-performing property blends turn-of-the-century craftsmanship with major modern updates. Tenants enjoy a highly walkable neighborhood just blocks from Abbott Northwestern Hospital, Midtown Global Market, and top bike trails. • The Space: 3,822 above-ground sq. ft. featuring soaring high ceilings and rich, natural woodwork. • The Bonus: An additional 1,458 sq. ft. basement equipped with coin-operated laundry for extra revenue. • The Portfolio: Located at 2549 11th Ave. S, Minneapolis, MN 55404, this property can be purchased individually or as a package with a side-by-side duplex at 566 & 568 37th Ave. NE (MLS 7149871). Review the Offering Memorandum for full financial details.

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Home facts

  • Year built:1902
  • Subdivision & Development:Elliotts Rgt Blks Brackett & Boveys
  • Listing ID #:7149877
  • Added:1 day(s) ago
  • Updated:October 11, 2026 at 12:06 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:5
  • Basement:Yes
  • Basement Description:Block, Storage Space, Unfinished
  • Living area:3,822 sq. ft.

Heating and cooling

  • Heating:Boiler

Structure and exterior

  • Year built:1902
  • Building area:3,822 sq. ft.
  • Lot area:0.13 Acres
  • Levels:2+ Story

Utilities

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

Finances and disclosures

  • Price:$749,900
  • Price per sq. ft.:$168.21
  • Tax amount:$9,324 (2026)

Features and amenities

  • Laundry features:Coin-op Laundry Owned

Parking

  • Parking description:Asphalt, Open, Parking Lot, Shared Driveway
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.