1217 Yale Avenue SE Minneapolis, MN 55414
For Sale MLS# 7024189
20 beds 12 baths 7,335 sq ft Multi-family
Details for 1217 Yale Avenue SE
MLS# 7024189
Description for 1217 Yale Avenue SE, Minneapolis, MN, 55414
SELLER IS OPEN TO CONTRACT FOR DEEDWOW! A newer-construction four-unit near the University of Minnesota is a rare find. Built in 2008, this townhome-style property features four spacious units, each offering 5 bedrooms and 3 bathrooms—an ideal layout that continues to see strong rental demand. Modern construction, functional floor plans, and generous unit sizes make this opportunity stand out from typical multi-family options. This property is so sought after it has never seen any vacancy since it was built! Over 16 years with no vacancy!Tenants pay all utilities with trash billed back by the owner, helping simplify expense management. Fee-based off-street parking is available in the adjacent lot, providing convenient parking flexibility.Whether you are seeking an owner-occupant opportunity with income potential or a strong addition to an investment portfolio, this property checks the boxes. Newer four-plex properties in this location rarely become available, making this a unique chance to secure a high-demand multi-family asset with lasting appeal.
Listing Information
Property Type: Multi-family, Four Plex
Status: Active
Bedrooms: 20
Bathrooms: 12
Lot Size: 0.15 Acres
Square Feet: 7,335 sq ft
Year Built: 2008
Foundation: 2,445 sq ft
Stories: 2 Stories
Subdivision: Meeker Island Land & Power Co Add Rev
Number Of Units Total: 4
County: Hennepin
Days On Market: 69
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Interior Features
Square Footage above: 4,890 sq ft
Square Footage below: 2,445 sq ft
Basement: Finished (Livable)
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Fireplace, Forced Air, Natural Gas
Exterior / Lot Features
Exterior: Brick/Stone, Vinyl
Lot Dimensions: 50x133
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 2705
Unit 1 Baths Total: 3
Unit 1 Beds Total: 5
Unit 1 Rooms Total: 5
Unit 2 Units Total: 1
Unit 2 Actual Rent: 2489
Unit 2 Baths Total: 3
Unit 2 Beds Total: 5
Unit 2 Rooms Total: 5
Unit 3 Units Total: 1
Unit 3 Actual Rent: 2725
Unit 3 Baths Total: 3
Unit 3 Beds Total: 5
Unit 3 Rooms Total: 5
Unit 4 Units Total: 1
Unit 4 Actual Rent: 2650
Unit 4 Baths Total: 3
Unit 4 Beds Total: 5
Unit 4 Rooms Total: 5
Driving Directions
Turn on Yale
Financial Considerations
Gross Income: 146032
Expense: 25490
Tax/Property ID: 3002923310028
Tax Amount: 20991
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Financially Free, LLC
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.
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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 1217 Yale Avenue SE
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 1217 Yale Avenue SE
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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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