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MLS: #7105569, Listed By: Michael Weber, RE/MAX Results, Source:FargoMoorhead Area Association of REALTORS

2121 13th Avenue

Minneapolis, MN 55404
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Bed 12

Bed

Bath 6

Bath

SqFt5,542

Sqft

Acres0.11

Acre(Lot)

Turnkey 4-Plex Investment Opportunity in Minneapolis! Don't miss this exceptional opportunity to own a well-maintained, cash-flowing 4-plex in Minneapolis with significant recent capital improvements and long-term value. This solid investment property has been thoughtfully updated, allowing a new owner to step into a stable asset with strong income potential. Major improvements include new metal siding (2025), a new roof (2024), updated windows, newer high efficiency boilers, and water heaters-helping minizine future maintenance expenses. Inside, three of the four units have been recently renovated, making the property attractive to tenants while still offering upside potential with the remaining unit. One of the property's standout features is its enrollment in the City of Minneapoli s 4d Affordable Housing Incentive Program, providing substantial property tax savings year after year, and enhancing overall cash flow. Combined with its positive cash flow and extensive updates, this is an outstanding opportunity for both seasoned investors and those looking to expand their rental portfolio. Whether you're seeking reliable income, reduced operating costs, or a well-maintained multifamily asset in a strong rental market, this Minneapolis 4-plex checks all the boxes.

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Detail Ic Property Details

Property Type : Residential Income

Price : $649,000

AD Id : 88187137

MLS Id : 7105569

Beds : 12

Lot Size : 0.11 Acre

Living Area Size : 5,542

Year Built : 1900

County : Hennepin

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Feature Features

  • Bedroom Information

    Total beds: 12

    Bathroom Information

    Total Baths: 6

    Room Information

    Has Basement: Yes Basement: Storage Space, Unfinished
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard

  • Building Information

    Year Built: 1900 Building Area Total: 7446 Private Pool: No

  • Lot Information

    Lot Dimensions: 45x114 Main Square Feet: 0.11 Acres Lot Size Acres: 0.11 Lot Size Square Feet: 4791.6

    Property Information

    Subdivision: Eliots Add Source Property Type: Residential Income Postal Code Plus 4: 1337 Property SubType: Quadruplex Property Age: 126

  • Listing Price Information

    Listing Price: $649000

  • Tax Information

    Parcel Number: 3502924120078 Tax Year: 2026 Annual Tax: $2300.36 Tax Legal Desc: BLOCK 006 ELIOTS ADDN TO MPLS S 1/3 LOTS 6 AND 7

  • Homeowners Association Information
    Association Amenities: Coin Laundry

  • Location Information

    Direction: From 39E take exit 9A for 12th St. Continue onto Hawthorn Ave. Turn right onto N 10th St. Turn left onto E 14th St. Turn right onto Chicago Ave. Turn left onto E Franklin Ave. Turn right onto 11th Ave S. Turn left onto 13th Ave. S to the 4-plex on the right. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2303 22nd Avenue, Minneapolis, MN, 55404 $360,000 3 2 1,660 1,660 SqFt
1508 E 26th Street, Minneapolis, MN, 55404 $539,999 12 4 3,124 3,124 SqFt
1926 15th Avenue, Minneapolis, MN, 55404 $449,000 5 4 2,561 2,561 SqFt
1818 13th Avenue, Minneapolis, MN, 55404 $500,000 8 3 3,967 3,967 SqFt
2211 10th Avenue, Minneapolis, MN, 55404 $374,700 5 2 2,397 2,397 SqFt
1508 Elliot Avenue, Minneapolis, MN, 55404 $499,900 5 3 3,000 3,000 SqFt
2106 Elliot Avenue, Minneapolis, MN, 55404 $564,500 6 3 3,514 3,514 SqFt
1912 Columbus Avenue, Minneapolis, MN, 55404 $315,000 6 3 2,298 2,298 SqFt
1518 Park Avenue, Minneapolis, MN, 55404 $415,000 6 2 2,849 2,849 SqFt
2210 Oakland Avenue, Minneapolis, MN, 55404 $790,000 12 6 4,828 4,828 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 07/24/2026 @ 12:51

MLS: 7105569 LISTED BY: Michael Weber, RE/MAX Results 763-235-7000 SOURCE: FargoMoorhead Area Association of REALTORS

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