MLS: #7032128, Listed By: Jacqueline Sandoval, National Realty Guild, Source:FargoMoorhead Area Association of REALTORS
1537 E 38th Street
Minneapolis, MN 55407
8
Bed
4
Bath
3,456Sqft
0.14Acre(Lot)
Fully Renovated Fourplex | Turn-Key Investment Opportunity | Prime South Minneapolis Location Exceptional opportunity to own a recently renovated fourplex in the heart of South Minneapolis. This well-maintained multifamily property has undergone extensive interior and exterior improvements, making it a strong turn-key investment with additional value-add potential. The exterior has been completely refreshed, Improvements include brand-new siding, exterior paint, and new upper rear windows, along with a fully rebuilt upper balcony featuring new decking and flooring. The front porch flooring has been replaced and the stucco professionally restored, preserving the property’s character while enhancing durability. Common areas have also been updated with new carpeting on the stairways. Inside,
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 8Bathroom Information
Total Baths: 4Room Information
Has Basement: Yes Basement: Full, Block, Concrete -
Roofing Information
Asphalt, Shingle -
Interior Features
Roof: Asphalt, Shingle Laundry Features: In Basement -
Heating & Cooling
Has Heating: Yes Heating: Baseboard
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Building Information
Year Built: 1911 Building Area Total: 3456 Construction Materials: Block, Concrete, Stone Stories: 2 Patio And Porch Features: Enclosed, Front Porch Private Pool: No
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Lot Information
Lot Dimensions: 0x0x0x0 Main Square Feet: 0.14 Acres Lot Size Acres: 0.14 Lot Size Square Feet: 6098.4 Lot Description: Corner LotProperty Information
Subdivision: Monroe Bros Sub Of Lts Herrick Haml Source Property Type: Residential Income Postal Code Plus 4: 1717 Property SubType: Quadruplex Levels: Two Property Age: 115
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Listing Price Information
Listing Price: $680000 Original Price: $725000 Cash, Conventional, FHA
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Tax Information
Parcel Number: 1102824110068 Tax Year: 2025 Annual Tax: $7037.12 Tax Legal Desc: BLOCK 004 MONROE BROS SUBD OF LOTS HERRICK HAML THAT PART OF LOTS 1 2 AND 3 LYING W OF E 78 FT THEREOF LOTS 1 2 AND 3
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Parking Information
Parking Lot
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Location Information
Direction: Take the I-35W S/MN-55 E/Hiawatha Ave ramp Use the left lane to take the MN-55 E/Hiawatha Ave exit Continue onto MN-55 E/Hiawatha Ave Turn right onto E 26th St Turn left onto Bloomington Ave Destination will be on the right WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3200 23rd Avenue, Minneapolis, MN, 55407 | $464,990 | 6 | 3 | 2,614 | 0.14 Acre |
| 3852 Standish Avenue, Minneapolis, MN, 55407 | $529,900 | 4 | 3 | 2,462 | 0.13 Acre |
| 1911 E 32nd Street, Minneapolis, MN, 55407 | $900,000 | 9 | 6 | 5,400 | 0.14 Acre |
| 3208 19th Avenue, Minneapolis, MN, 55407 | $350,000 | 4 | 2 | 1,608 | 0.09 Acre |
| 3622 Longfellow Avenue, Minneapolis, MN, 55407 | $489,900 | 5 | 2 | 3,760 | 0.11 Acre |
| 3847 Cedar Avenue, Minneapolis, MN, 55407 | $439,900 | 4 | 2 | 2,646 | 0.11 Acre |
| 1811 E 28th Street, Minneapolis, MN, 55407 | $289,900 | 5 | 2 | 2,659 | 4,316 Sqft |
| 3504 Cedar Avenue, Minneapolis, MN, 55407 | $299,000 | 3 | 2 | 1,486 | 0.13 Acre |
| 2913 18th Avenue, Minneapolis, MN, 55407 | $495,000 | 8 | 4 | 3,188 | 0.14 Acre |
| 2740 16th Avenue, Minneapolis, MN, 55407 | $384,900 | 8 | 2 | 2,817 | 0.12 Acre |
Similar Multifamily To 1537 E 38th Street
Nearby For Sale
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 09/08/2026 @ 06:18
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