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.
Contact an agent
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
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