$2,750,000

4001 Mavelle Drive, Edina, MN 55435

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$2,750,000

4001 Mavelle Drive Edina, MN 55435

For Sale MLS# 7000870

15,000 sq ft Commercial

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Data current as of 08/06/2026 14:19:10

Details for 4001 Mavelle Drive

MLS# 7000870

Description for 4001 Mavelle Drive, Edina, MN, 55435


Tree-lined, classic 12-unit apartment building ideally tucked behind the Room & Board high-end furniture store and directly across from the renowned upscale Galleria Mall. The property features 11 spacious two-bedroom, one-bath units and one studio, all offering well-designed, open, and functional floor plans.Residents enjoy walking-distance access to numerous restaurants, shops, banks, Lunds & Byerlys, Whole Foods, Southdale Center, Cub Foods, and Target. Located just 10 minutes from downtown Minneapolis and the University of Minnesota, the property is also situated within the highly sought-after Edina School District.This property offers a quiet residential sanctuary in the heart of Edina, combining privacy with unmatched convenience. Each unit includes a private one-car detached garage plus one additional off-street parking space.Additional features include:Baseboard hot water radiant heat for consistent comfortTenants pay electricCoin-operated laundry on siteLocated in Edina—one of the most affluent close-in suburbs of Minneapolis—the property presents future redevelopment potential, situated just half a block from the France Avenue commercial district, which includes hospitals, physician offices, and high-end shopping destinations. The property is zoned PRD-4, allowing for flexible higher-density multifamily development with commercial elements (buyer to verify with the City of Edina).1031 Exchange property.

Listing Information


Property Type: Commercial, Apartments/Multi Family

Status: Active

Lot Size: 0.67 Acres

Square Feet: 15,000 sq ft

Year Built: 1961

Foundation: 500 sq ft

Garage: Yes

Subdivision: Stows Edgemoor Add Blk 9 Rep

Number Of Units Total: 12

Current Use: Residential

County: Hennepin

Days On Market: 173

Construction Status: Previously Owned

School Information


District: 273 - Edina

Interior Features


Accessibility: No Stairs External

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Other Utilities: Electric Separate,Heating Common

Cooling: Window

Heating: Electric, Natural Gas, Baseboard, Boiler

Exterior / Lot Features


Garage Spaces: 12

Open Parking: 12

Parking Description: Detached Garage, Parking Lot

Exterior: Brick/Stone

Lot Dimensions: Irregular

Zoning: Residential-Multi-Family

Additional Exterior/Lot Features: Land Inclusions - Building,Land,Leases

Driving Directions


France Ave to 70th St to Mavelle Dr.

Financial Considerations


Gross Income: 189780

Tax/Property ID: 3102824110083

Tax Amount: 28991

Tax Year: 2025

HomeStead Description: Non-Homesteaded

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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

Schools nearby 4001 Mavelle Drive

Schools in attendance boundaries Grades Distance Rating
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Schools nearby Grades Distance Rating
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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