4255 Thomas Avenue N, Minneapolis, MN 55412

Minneapolis
Local realty services provided by:ERA Gillespie Real Estate
4255 Thomas Avenue N,Minneapolis, MN 55412
$374,900
  • 4 Beds
  • 4 Baths
  • 2,550 sq. ft.
  • Multi-family
  • Active
Listed by: stacy churchill
Office: fuze real estate
MLS#:7105318
Source:NSMLS

Price summary

  • Price:$374,900
  • Price per sq. ft.:$170.41

About this home

4-Unit Multi-Family (non-conforming) investment opportunity with strong income potential! This fully leased 4 unit property offers a desirable mix of one-bedroom, studio, and two-bedroom layouts, providing diversified rental income and consistent tenant demand. Professionally managed and holding two rental licenses (zoned as a DUPLEX), this property is an excellent addition to an investment portfolio or a great opportunity for an owner looking to expand their holdings. The building features approximately 2,550 finished square feet and has an established occupancy history with leases already in place. Tenant leases are available for qualified buyers. Conveniently located near parks, shopping, restaurants, public transportation, and major commuter routes, this property combines stable occupancy with long-term investment potential. Don't miss this rare opportunity to acquire a fully occupied multifamily asset in Minneapolis. Tenants are charged a monthly flat fee for electricity, gas,...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1940
  • Subdivision & Development:Victory Park Add
  • Listing ID #:7105318
  • Added:60 day(s) ago
  • Updated:September 06, 2026 at 12:09 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Basement:Yes
  • Basement Description:Finished
  • Living area:2,550 sq. ft.

Heating and cooling

  • Heating:Baseboard, Forced Air

Structure and exterior

  • Year built:1940
  • Building area:2,550 sq. ft.
  • Lot area:0.14 Acres
  • Lot Features:Corner Lot
  • Levels:1 1/2 Story

Utilities

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

Finances and disclosures

  • Price:$374,900
  • Price per sq. ft.:$170.41
  • Tax amount:$6,887 (2026)

Parking

  • Parking description:Detached Garage
  • Garage:Yes
  • Garage spaces:2
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.

New listings near 4255 Thomas Avenue N