3548 Portland Avenue, Minneapolis, MN 55407

Minneapolis
Local realty services provided by:ERA Viking Realty
3548 Portland Avenue,Minneapolis, MN 55407
$609,900
  • 8 Beds
  • 4 Baths
  • 4,096 sq. ft.
  • Multi-family
  • Active
Listed by: grigoriy gorshteyn
Office: algo realty inc
MLS#:7079608
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 $5,790 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.

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Home facts

  • Year built:1923
  • Listing ID #:7079608
  • Added:6 day(s) ago
  • Updated:May 29, 2026 at 12:05 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Basement:Yes
  • Basement Description:Daylight / Lookout Windows, Full, Unfinished
  • 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
  • Levels:2 Story

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)

Parking

  • Parking description:Concrete
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.

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