2549 11th AVE S, Minneapolis, MN 55404
2549 11th AVE S, Minneapolis, MN 55404
2549 11th AVE S, Minneapolis, MN 55404
2549 11th AVE S, Minneapolis, MN 55404
2549 11th AVE S, Minneapolis, MN 55404
2549 11th AVE S, Minneapolis, MN 55404
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Kari Francois

Kari Francois

+1(715) 977-1344
$ 749,900
Est. payment | /mo

10 Beds

5 Baths

3,822 SqFt

Save
$ 749,900
Est. payment | /mo
Save

10 Beds

5 Baths

3,822 SqFt

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,822 sqft

Price per Sqft $196

Subdivision Elliotts Rgt Blks Brackett & Boveys

MLS Listing ID 7149877

Bedrooms 10

Year Built 1902

Annual Tax Amount $9,324

Tax Year 2026

Contingent None

Lot Size 5,662 Sqft

Lot Dimensions 42 x 127

Property Sub-Type Fourplex

Property Description

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).
Review the Offering Memorandum for full financial details.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Block, Storage Space, Unfinished

Interior

Heating Boiler

Fireplace No

Laundry In Basement, Common Area, Laundry Room

Exterior

Parking Features Asphalt, Shared Driveway, Parking Lot, Open

Building

Story More Than 2 Stories

Foundation 1460

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories More Than 2 Stories

New Construction false

Schools

School District Minneapolis

Listed by Bradley Edlefsen • Edina Realty, Inc.

Schools and Properties Nearby

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2549 11th AVE S