MLS: #7105318, Listed By: Stacy Churchill, Fuze Real Estate, Source:FargoMoorhead Area Association of REALTORS
4255 Thomas Avenue
Minneapolis, MN 55412
4
Bed
4
Bath
2,550Sqft
0.14Acre(Lot)
4-Unit Multi-Family (non-conforming) investment opportunity with strong income potential! This fully leased 4 unit property offers a desirable mix of one-bedroom, studio, and two-bedroom layouts, providing diversified rental income and consistent tenant demand. Professionally managed and holding two rental licenses (zoned as a DUPLEX), this property is an excellent addition to an investment portfolio or a great opportunity for an owner looking to expand their holdings. The building features approximately 2,550 finished square feet and has an established occupancy history with leases already in place. Tenant leases are available for qualified buyers. Conveniently located near parks, shopping, restaurants, public transportation, and major commuter routes, this property combines stable occupa
Property Details
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Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 4 -
Heating & Cooling
Has Heating: Yes Heating: Baseboard, Forced Air
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Building Information
Year Built: 1940 Building Area Total: 2200 Stories: 1 Private Pool: No
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Lot Information
Lot Dimensions: 60x102 Main Square Feet: 0.14 Acres Lot Size Acres: 0.14 Lot Size Square Feet: 6098.4 Lot Description: Corner LotProperty Information
Subdivision: Victory Park Add Source Property Type: Residential Income Postal Code Plus 4: 3424 Property SubType: Duplex Levels: One and One Half Property Age: 86
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Listing Price Information
Listing Price: $399000 Cash, Conventional
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Tax Information
Parcel Number: 0502924120173 Tax Year: 2026 Annual Tax: $6887.36 Tax Legal Desc: LOT 001 BLOCK 005 VICTORY PARK ADDN TO MPLS
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Garage Information
Has Garage: Yes Garage Space: 2
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Location Information
Direction: From Hwy 100, exit on N 42nd Ave and head East. This road turns into Lake Dr. Turn Right / South on Memorial Parkway, Turn Left / East on N 42nd Ave, Turn Left / North on N Thomas Ave. Home is on the left just before N 43rd Ave. WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3905 6th Street, Minneapolis, MN, 55412 | $230,000 | 3 | 2 | 1,782 | 1,782 SqFt |
| 3921 Lyndale Avenue, Minneapolis, MN, 55412 | $399,900 | 8 | 4 | 2,660 | 2,660 SqFt |
| 3247 Aldrich Avenue, Minneapolis, MN, 55412 | $280,000 | 7 | 2 | 2,494 | 2,494 SqFt |
| 3606 Bryant Avenue, Minneapolis, MN, 55412 | $284,900 | 2 | 2 | 1,388 | 1,388 SqFt |
| 4126 Dupont Avenue, Minneapolis, MN, 55412 | $150,000 | 3 | 2 | 1,754 | 1,754 SqFt |
| 1415 44th Avenue, Minneapolis, MN, 55412 | $275,000 | 4 | 3 | 2,474 | 2,474 SqFt |
| 3236 James Avenue, Minneapolis, MN, 55412 | $275,000 | 4 | 2 | 1,824 | 1,824 SqFt |
| 3614 Russell Avenue, Minneapolis, MN, 55412 | $215,000 | 3 | 2 | 1,537 | 1,537 SqFt |
Similar Multifamily To 4255 Thomas Avenue
Nearby For Sale
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ByOwner last updated this listing 07/24/2026 @ 15:24
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 investment opportunity with strong income potential! This...)
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