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MLS: #7024189, Listed By: Daniel Anshus, Financially Free, LLC, Source:FargoMoorhead Area Association of REALTORS

1217 Yale Avenue

Minneapolis, MN 55414
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Bed 20

Bed

Bath 12

Bath

SqFt7,335

Sqft

Acres0.15

Acre(Lot)

SELLER IS OPEN TO CONTRACT FOR DEED WOW! A newer-construction four-unit near the University of Minnesota is a rare find. Built in 2008, this townhome-style property features four spacious units, each offering 5 bedrooms and 3 bathrooms—an ideal layout that continues to see strong rental demand. Modern construction, functional floor plans, and generous unit sizes make this opportunity stand out from typical multi-family options. This property is so sought after it has never seen any vacancy since it was built! Over 16 years with no vacancy! Tenants pay all utilities with trash billed back by the owner, helping simplify expense management. Fee-based off-street parking is available in the adjacent lot, providing convenient parking flexibility. Whether you are seeking an owner-occupant opp ortunity with income potential or a strong addition to an investment portfolio, this property checks the boxes. Newer four-plex properties in this location rarely become available, making this a unique chance to secure a high-demand multi-family asset with lasting appeal.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,500,000

AD Id : 75535481

MLS Id : 7024189

Beds : 20

Lot Size : 0.15 Acre

Living Area Size : 7,335

Year Built : 2008

County : Hennepin

Subdivision: None Available

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Feature Features

  • Bedroom Information

    Total beds: 20

    Bathroom Information

    Total Baths: 12
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air

  • Building Information

    Year Built: 2008 Building Area Total: 7335 Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: 50x133 Main Square Feet: 0.15 Acres Lot Size Acres: 0.15 Lot Size Square Feet: 6534

    Property Information

    Subdivision: Meeker Island Land & Power Co Add Rev Source Property Type: Residential Income Property SubType: Quadruplex Levels: Two Property Age: 18

  • Listing Price Information

    Listing Price: $1500000 Original Price: $15000000

  • Tax Information

    Parcel Number: 3002923310028 Annual Tax: $20991

  • Location Information

    Direction: Turn on Yale WaterSource: Public
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Nearby Home Value

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1097 22nd Avenue, Minneapolis, MN, 55414 $399,000 5 2 1,948 1,948 SqFt
1919 Como Avenue, Minneapolis, MN, 55414 $325,000 2 2 1,334 1,334 SqFt
1092 18th Avenue, Minneapolis, MN, 55414 $437,000 7 2 2,301 2,301 SqFt
1034 14th Avenue, Minneapolis, MN, 55414 $395,000 4 2 2,033 2,033 SqFt
1040 13th Avenue, Minneapolis, MN, 55414 $550,000 8 4 3,220 3,220 SqFt
1316 7th Street, Minneapolis, MN, 55414 $1,600,000 8 3 4,224 4,224 SqFt
1095 12th Avenue, Minneapolis, MN, 55414 $384,900 4 2 1,573 1,573 SqFt
1129 8th Street, Minneapolis, MN, 55414 $1,725,000 12 4 4,724 4,724 SqFt
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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 06/12/2026 @ 09:54

MLS: 7024189 LISTED BY: Daniel Anshus, Financially Free, LLC 612-559-0150 SOURCE: FargoMoorhead Area Association of REALTORS

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