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MLS: #7079608, Listed By: Grigoriy Gorshteyn, Algo Realty Inc, Source:FargoMoorhead Area Association of REALTORS

3548 Portland Avenue

Minneapolis, MN 55407
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Bed 8

Bed

Bath 4

Bath

SqFt4,096

Sqft

Acres0.12

Acre(Lot)

Fantastic opportunity to own a solid 4-unit property in a prime South Minneapolis location. Each unit offers 2 bedrooms and 1 bathroom with functional layouts that attract long-term tenants. The building is fully occupied and currently generates $5,790 per month in rents, with clear potential for increases over time. Two units are occupied by long-term residents, providing stability and reliable cash flow. This property is an excellent fit for both investors and owner-occupants. Live in one unit while the other three help cover your mortgage, or continue operating as a fully rented income property. Conveniently located near parks, restaurants, and major commuting routes, this building combines strong rental performance with everyday livability. Don’t miss your chance to secure a well-maint ained multifamily property with both income and equity growth potential.

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Detail Ic Property Details

Property Type : Residential Income

Price : $569,900

AD Id : 79133237

MLS Id : 7079608

Beds : 8

Lot Size : 0.12 Acre

Living Area Size : 4,096

Year Built : 1923

County : Hennepin

Subdivision: None Available

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 4

    Room Information

    Has Basement: Yes Basement: Full, Unfinished
  • Heating & Cooling

    Has Heating: Yes

  • Building Information

    Year Built: 1923 Building Area Total: 4096 Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: 42x120 Main Square Feet: 0.12 Acres Lot Size Acres: 0.12 Lot Size Square Feet: 5227.2

    Property Information

    Subdivision: Clinton Ave Add Source Property Type: Residential Income Postal Code Plus 4: 7066 Property SubType: Quadruplex Levels: Two Property Age: 103

  • Listing Price Information

    Listing Price: $569900 Original Price: $609900

  • Tax Information

    Parcel Number: 0302824410146 Tax Year: 2025 Annual Tax: $9502 Tax Legal Desc: LOT 013 BLOCK 008 CLINTON AVENUE ADDN TO MPLS

  • Location Information

    Direction: Lake Street to Portland Av S, South to property WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3200 23rd Avenue, Minneapolis, MN, 55407 $474,990 6 3 2,614 2,614 SqFt
1911 E 32nd Street, Minneapolis, MN, 55407 $900,000 9 6 5,400 5,400 SqFt
3208 19th Avenue, Minneapolis, MN, 55407 $350,000 4 2 1,608 1,608 SqFt
3847 Cedar Avenue, Minneapolis, MN, 55407 $425,000 4 2 2,646 2,646 SqFt
1811 E 28th Street, Minneapolis, MN, 55407 $299,900 5 2 2,659 2,659 SqFt
3504 Cedar Avenue, Minneapolis, MN, 55407 $299,000 3 2 1,486 1,486 SqFt
2740 16th Avenue, Minneapolis, MN, 55407 $384,900 8 2 2,817 2,817 SqFt
1537 E 38th Street, Minneapolis, MN, 55407 $680,000 8 4 3,456 3,456 SqFt
2825 15th Avenue, Minneapolis, MN, 55407 $265,000 4 2 1,816 1,816 SqFt
3602 Bloomington Avenue, Minneapolis, MN, 55407 $330,000 4 2 2,744 2,744 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 08/11/2026 @ 16:55

MLS: 7079608 LISTED BY: Grigoriy Gorshteyn, Algo Realty Inc 612-433-4555 SOURCE: FargoMoorhead Area Association of REALTORS

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