3548 Portland Avenue, Minneapolis, MN 55407
- $569,900
- 8
- BD
- 4
- BA
- 4,096
- SqFt
- List Price
- $569,900
- Price Change
- ▼ $40,000 1781563632
- MLS#
- 7079608
- Status
- ACTIVE
- Type
- Multifamily
- Bedrooms
- 8
- Bathrooms
- 4
- Living Area
- 4,096
- Acres
- 0.12
- Subdivision
- Clinton Ave Add
- Neighborhood
- 11
- Year Built
- 1923
Property Description
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-maintained multifamily property with both income and equity growth potential.
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Additional Information
- School District
- Minneapolis
- Tax Year
- 2025
- Fuel
- Natural Gas
- Sewer
- City Sewer/Connected
- Heating
- Boiler
- Water
- City Water/Connected
- Basement
- Daylight/Lookout Windows, Full, Unfinished
- Parking
- Concrete
Mortgage Calculator
Listing courtesy of Algo Realty Inc.
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