MLS: #7149877, Listed By: Bradley Edlefsen, Edina Realty, Inc., Source:FargoMoorhead Area Association of REALTORS
2549 11th Avenue
Minneapolis, MN 55404
10
Bed
5
Bath
3,822Sqft
0.13Acre(Lot)
Turnkey, 100% occupied four-plex delivering immediate cash flow in a prime Minneapolis location. Generating gross rental income of $6,548/month ($78,576 annualized), this high-performing property blends turn-of-the-century craftsmanship with major modern updates. Tenants enjoy a highly walkable neighborhood just blocks from Abbott Northwestern Hospital, Midtown Global Market, and top bike trails. • The Space: 3,822 above-ground sq. ft. featuring soaring high ceilings and rich, natural woodwork. • The Bonus: An additional 1,458 sq. ft. basement equipped with coin-operated laundry for extra revenue. • The Portfolio: Located at 2549 11th Ave. S, Minneapolis, MN 55404, this property can be purchased individually or as a package with a side-by-side duplex at 566 & 568 37th Ave. NE (MLS 7149871)
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 10Bathroom Information
Total Baths: 5Room Information
Has Basement: Yes Basement: Storage Space, Unfinished, Block, Concrete -
Heating & Cooling
Has Heating: Yes
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Building Information
Year Built: 1902 Building Area Total: 4458 Private Pool: No
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Lot Information
Lot Dimensions: 42 x 127 Main Square Feet: 0.13 Acres Lot Size Acres: 0.13 Lot Size Square Feet: 5662.8Property Information
Subdivision: Elliotts Rgt Blks Brackett & Boveys Source Property Type: Residential Income Postal Code Plus 4: 4502 Property SubType: Quadruplex Property Age: 124
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Listing Price Information
Listing Price: $749900 Cash, Conventional
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Tax Information
Parcel Number: 3502924240087 Tax Year: 2026 Annual Tax: $9324 Tax Legal Desc: LOT 014 BLOCK 001 ELLIOTTS RGT BLKS BRACKETT & BOVEYS
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Parking Information
Shared Driveway, Parking Lot, DrivewayHomeowners Association InformationAssociation Amenities: Coin Laundry
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Location Information
Direction: Located on the corner of 26th St and 11th Ave S. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2208 Milwaukee Avenue, Minneapolis, MN, 55404 | $569,900 | 4 | 3 | 3,381 | 0.09 Acre |
| 2303 22nd Avenue, Minneapolis, MN, 55404 | $350,000 | 3 | 2 | 1,660 | 0.07 Acre |
| 2221 Bloomington Avenue, Minneapolis, MN, 55404 | $399,999 | 6 | 2 | 3,286 | 0.12 Acre |
| 1926 15th Avenue, Minneapolis, MN, 55404 | $449,000 | 5 | 4 | 2,561 | 0.13 Acre |
| 2121 13th Avenue, Minneapolis, MN, 55404 | $634,000 | 12 | 6 | 5,542 | 0.11 Acre |
| 1004 E 22nd Street, Minneapolis, MN, 55404 | $247,000 | 3 | 2 | 2,160 | 0.05 Acre |
| 2211 10th Avenue, Minneapolis, MN, 55404 | $369,700 | 5 | 2 | 2,397 | 0.20 Acre |
| 1604 Elliot Avenue, Minneapolis, MN, 55404 | $649,999 | 10 | 4 | 4,757 | 0.16 Acre |
| 2106 Elliot Avenue, Minneapolis, MN, 55404 | $514,500 | 6 | 3 | 3,514 | 0.10 Acre |
| 1912 Columbus Avenue, Minneapolis, MN, 55404 | $278,000 | 6 | 3 | 2,298 | 0.14 Acre |
Similar Multifamily To 2549 11th Avenue
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 10/10/2026 @ 23:33
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