MLS: #7079608, Listed By: Grigoriy Gorshteyn, Algo Realty Inc, Source:FargoMoorhead Area Association of REALTORS
3548 Portland Avenue
Minneapolis, MN 55407
8
Bed
4
Bath
4,096Sqft
0.12Acre(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
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, Unfinished -
Heating & Cooling
Has Heating: Yes
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Building Information
Year Built: 1923 Building Area Total: 4096 Stories: 2 Private Pool: No
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Lot Information
Lot Dimensions: 42x120 Main Square Feet: 0.12 Acres Lot Size Acres: 0.12 Lot Size Square Feet: 5227.2Property Information
Subdivision: Clinton Ave Add Source Property Type: Residential Income Property SubType: Quadruplex Levels: Two Property Age: 103
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Listing Price Information
Listing Price: $569900 Original Price: $609900
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Tax Information
Parcel Number: 0302824410146 Annual Tax: $9502
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Location Information
Direction: Lake Street to Portland Av S, South to property WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3832 20th Avenue, Minneapolis, MN, 55407 | $470,000 | 5 | 2 | 2,562 | 2,562 SqFt |
| 3208 19th Avenue, Minneapolis, MN, 55407 | $375,000 | 4 | 2 | 1,608 | 1,608 SqFt |
| 3241 Cedar Avenue, Minneapolis, MN, 55407 | $399,900 | 5 | 3 | 3,000 | 3,000 SqFt |
| 3847 Cedar Avenue, Minneapolis, MN, 55407 | $425,000 | 4 | 2 | 2,646 | 2,646 SqFt |
| 3504 Cedar Avenue, Minneapolis, MN, 55407 | $299,000 | 3 | 2 | 1,486 | 1,486 SqFt |
| 4417 Cedar Avenue, Minneapolis, MN, 55407 | $425,000 | 4 | 2 | 1,988 | 1,988 SqFt |
| 2930 18th Avenue, Minneapolis, MN, 55407 | $299,900 | 4 | 2 | 2,606 | 2,606 SqFt |
| 3117 17th Avenue, Minneapolis, MN, 55407 | $399,900 | 4 | 2 | 1,768 | 1,768 SqFt |
| 2740 16th Avenue, Minneapolis, MN, 55407 | $424,900 | 8 | 2 | 2,817 | 2,817 SqFt |
| 3644 16th Avenue, Minneapolis, MN, 55407 | $369,900 | 3 | 2 | 2,406 | 2,406 SqFt |
Similar Multifamily To 3548 Portland 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 06/20/2026 @ 11:28
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