2416 4th Avenue S Minneapolis, MN 55404
For Sale MLS# 6780431
4 beds 4 baths 3,200 sq ft Multi-family
Details for 2416 4th Avenue S
MLS# 6780431
Description for 2416 4th Avenue S, Minneapolis, MN, 55404
Welcome to this turnkey 4-plex! This well-maintained property offers four 1-bedroom, 1-bathroom units, each featuring hardwood floors, a kitchen, and a confortable living area. Convenient parking includes four dedicated spaces behind the building, along with additional on-street options. Perfect for both new and seasoned investors, this property is ideally located near bus lines, dining, entertainment, downtown Minneapolis, and easy access to I-52 and I-94. With strong rental demand in the area and potential to increase rents, this 4-plex is a solid opportunity to expand or begin your investment portfolio.Buyer/Buyer's agent to verify all information and measurements.
Listing Information
Property Type: Multi-family, Four Plex
Status: Active
Bedrooms: 4
Bathrooms: 4
Lot Size: 0.13 Acres
Square Feet: 3,200 sq ft
Year Built: 1914
Foundation: 1,600 sq ft
Stories: 2 Stories
Number Of Units Total: 4
County: Hennepin
Days On Market: 127
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Interior Features
Square Footage above: 3,200 sq ft
Basement: Concrete Block
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Boiler, Natural Gas
Exterior / Lot Features
Parking Description: Other, Driveway - Asphalt, Garage Sq Ft - 0.00
Exterior: Fiber Board
Roof: Age Over 8 Years
Lot Dimensions: 47x127x44x127
Zoning: Residential-Multi-Family
Additional Exterior/Lot Features: Tree Coverage - Light, Public Transit (w/in 6 blks), Road Frontage - City
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 1225
Unit 1 Baths Total: 1
Unit 1 Beds Total: 1
Unit 1 Rooms Total: 5
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1225
Unit 2 Baths Total: 1
Unit 2 Beds Total: 1
Unit 2 Rooms Total: 5
Unit 3 Units Total: 1
Unit 3 Actual Rent: 1100
Unit 3 Baths Total: 1
Unit 3 Beds Total: 1
Unit 3 Rooms Total: 5
Unit 4 Units Total: 1
Unit 4 Actual Rent: 1175
Unit 4 Baths Total: 1
Unit 4 Beds Total: 1
Unit 4 Rooms Total: 5
Driving Directions
From Franklin, go South on 4th Avenue South, the property is on the Right side of the road.
Financial Considerations
Owner Pays: None
Gross Income: 56400
Expense: 9000
Tax/Property ID: 3402924140073
Tax Amount: 8663
Tax Year: 2025
HomeStead Description: Non-Homesteaded
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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 2416 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 2416 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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