$1,025,000
4525 4th Avenue S Minneapolis, MN 55419
For Sale MLS# 7028179
5,070 sq ft Commercial
Details for 4525 4th Avenue S
MLS# 7028179
Description for 4525 4th Avenue S, Minneapolis, MN, 55419
Well-maintained 8-unit brick apartment building located in the desirable Regina neighborhood within the Nokomis community of Minneapolis. Built in 1960, this two-story property offers 5,070 finished square feet and a highly rentable unit mix of seven 1-bedroom units and one studio/efficiency.Each unit features its own forced-air furnace, with residents paying their own heat — a major operational advantage that helps control owner expenses. The building also includes coin-operated laundry for additional income and convenient off-street parking for tenants.Solid brick construction, individual mechanical systems, and a straightforward unit mix make this a stable, easy-to-manage asset. The property is also an ideal candidate for enrollment in the Minneapolis 4d Affordable Housing Program, offering the potential for a reduced property tax rate in exchange for maintaining qualifying affordable rents.Situated in a strong South Minneapolis location near parks, shopping, transit, and major corridors, this property appeals to long-term renters seeking convenience and neighborhood charm.Excellent opportunity for investors seeking steady cash flow with additional upside through tax optimization.Owner is a licensed agent but not the listing agent.
Listing Information
Property Type: Commercial, Apartments/Multi Family
Status: Active
Lot Size: 0.24 Acres
Square Feet: 5,070 sq ft
Year Built: 1960
Foundation: 2,535 sq ft
Stories: 2 Stories
Subdivision: F A Savages Portland Ave Add
Number Of Units Total: 8
Current Use: Residential
County: Hennepin
Days On Market: 24
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Interior Features
Appliances: Range, Refrigerator
Flooring: Carpet,Wood
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Separate,Heating Separate,Hot Water Common
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Open Parking: 8
Parking Description: Driveway - Asphalt
Exterior: Brick Veneer
Roof: Age 8 Years or Less, Pitched
Lot Dimensions: 80 x 129
Zoning: Residential-Multi-Family
Additional Exterior/Lot Features: Tree Coverage - Light, Land Inclusions - Building,Leases
Driving Directions
From 35W, exit onto 46th ST E. Go East until you reach 4th Ave. Go North. Property is on the right (the East side).
Financial Considerations
Other Annual Tax: $699
Tenant Pays: Electric,Gas,Heat
Owner Pays: Exterior Maintenance,Grounds Care,Hot Water,Insurance,Maintenance/Repair,Sewer,Snow,Taxes,Trash,Water
Gross Income: 100376
Expense: 34329
Tax/Property ID: 1002824440166
Tax Amount: 11577.2
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Peritus Real Estate
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. 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. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Payment Calculator
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 & Tax Summary for 4525 4th Avenue S
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 4525 4th Avenue S
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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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