3548 Portland Avenue, Minneapolis, MN 55407
Local realty services provided by:ERA Gillespie Real Estate
3548 Portland Avenue,Minneapolis, MN 55407
$609,900
- - Beds
- - Baths
- 4,096 sq. ft.
- Multi-family
- Active
Listed by:grigoriy gorshteyn
Office:algo realty inc
MLS#:6787348
Source:NSMLS
Price summary
- Price:$609,900
- Price per sq. ft.:$148.9
About this home
Fantastic opportunity to own a solid 4-unit property in a prime South Minneapolis location. Each unit offers 2 bedrooms and 1 bathroom with functional layouts that attract long-term tenants. The building is fully occupied and currently generates $5,601 per month in rents, with clear potential for increases over time. Two units are occupied by long-term residents, providing stability and reliable cash flow.
This property is an excellent fit for both investors and owner-occupants. Live in one unit while the other three help cover your mortgage, or continue operating as a fully rented income property. Conveniently located near parks, restaurants, and major commuting routes, this building combines strong rental performance with everyday livability.
Don’t miss your chance to secure a well-maintained multifamily property with both income and equity growth potential.
Contact an agent
Home facts
- Year built:1923
- Listing ID #:6787348
- Added:18 day(s) ago
- Updated:September 29, 2025 at 07:43 PM
Rooms and interior
- Living area:4,096 sq. ft.
Heating and cooling
- Heating:Boiler
Structure and exterior
- Year built:1923
- Building area:4,096 sq. ft.
- Lot area:0.12 Acres
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$609,900
- Price per sq. ft.:$148.9
- Tax amount:$9,502 (2025)
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