MLS: #7117247, Listed By: Luke Steele, Edina Realty, Inc., Source:FargoMoorhead Area Association of REALTORS
3485 Lester Avenue
Hastings, MN 55033
8
Bed
4
Bath
3,300Sqft
0.36Acre(Lot)
Incredible investment opportunity! This 4-plex features four 2 bedroom, 1 bath units with functional open layouts designed for comfortable living. Upper-level units offer private balconies, while tenants enjoy the convenience of on-site laundry, dedicated garage parking with one stall per unit, and additional off-street parking. A strong rental history with long-term tenants provides added confidence for investors seeking a proven income-producing property. Conveniently located near parks, shopping, restaurants, and major transportation routes, this property offers a desirable location that continues to attract and retain renters. Whether you're expanding your portfolio or purchasing your first multifamily property, this is an opportunity you won't want to miss.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 8Bathroom Information
Total Baths: 4Room Information
Basement: None -
Heating & Cooling
Has Heating: Yes Heating: Radiant
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Building Information
Year Built: 1969 Building Area Total: 3300 Stories: 2 Private Pool: No
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Lot Information
Lot Dimensions: irregular Main Square Feet: 0.36 Acres Lot Size Acres: 0.36 Lot Size Square Feet: 15681.6Property Information
Subdivision: Powers Place Source Property Type: Residential Income Postal Code Plus 4: 9457 Property SubType: Quadruplex Levels: Two Property Age: 57
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Listing Price Information
Listing Price: $549900 Cash, Conventional
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Tax Information
Parcel Number: 195850000113 Tax Year: 2026 Annual Tax: $6519 Tax Legal Desc: POWERS PLACE B N 107 FT OF S 120.5 FT OF W 150 FT OF OUTLOT
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Garage Information
Has Garage: Yes Garage Space: 5Homeowners Association InformationAssociation Amenities: Laundry, Elevator(s)
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Location Information
Direction: From US-61 S, turn right onto Cannon St, turn left onto 33rd St W, turn left onto Lester Ave WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3575 Vermillion Street, Hastings, MN, 55033 | $500,000 | 5 | 2 | 2,420 | 2,420 SqFt |
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.
ByOwner last updated this listing 08/17/2026 @ 12:45
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