$425,000

4025 42nd Avenue S, Minneapolis, MN 55406

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$425,000

Courtesy: Edina Realty, Inc. Listed by: Edina Realty, Inc.

4025 42nd Avenue S Minneapolis, MN 55406

For Sale MLS# 6784103

2 beds 2 baths 1,288 sq ft Multi-family

Courtesy: Edina Realty, Inc. Listed by: Edina Realty, Inc.

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Data current as of 31/12/2025 16:59:22

Details for 4025 42nd Avenue S

MLS# 6784103

Description for 4025 42nd Avenue S, Minneapolis, MN, 55406


Investor alert: Turnkey duplex with proven rental performance and multiple avenues to increase cash flow. Two clean 1BD/1BA units, plus a spacious unfinished lower level—perfect for storage income or future expansion. 2-car garage offers optional rent add-on. Both units are currently vacant, giving you full control over rent resets and tenant selection. High-demand Hiawatha neighborhood supports strong long-term appreciation.

Listing Information


Property Type: Multi-family, Duplex Side by Side

Status: Active

Bedrooms: 2

Bathrooms: 2

Lot Size: 0.12 Acres

Square Feet: 1,288 sq ft

Year Built: 1929

Foundation: 1,288 sq ft

Garage: Yes

Stories: 1 Story

Subdivision: L D Richardsons Add

Number Of Units Total: 2

County: Hennepin

Days On Market: 19

Construction Status: Previously Owned

School Information


District: 1 - Minneapolis

Additonal Room Information

Laundry: Common Area, Lower Level, Sink

Interior Features


Square Footage above: 1,288 sq ft

Basement: Full, Unfinished, Daylight/Lookout Windows, Shared Access, Storage Space, Concrete Block

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Heating: Boiler, Natural Gas

Exterior / Lot Features


Garage Spaces: 2

Parking Description: Detached Garage, Garage Dimensions - 20 x 20, Garage Sq Ft - 400.0

Exterior: Stucco

Roof: Age Over 8 Years, Asphalt Shingles

Lot Dimensions: 40 x 126

Zoning: Residential-Multi-Family

Topography: Level

Additional Exterior/Lot Features: Tree Coverage - Light, Road Frontage - City

Community Features


Association Amenities: Common Laundry Facility

Unit Information


Unit 1 Units Total: 2

Unit 1 Actual Rent: 1000

Unit 1 Baths Total: 1

Unit 1 Beds Total: 1

Unit 1 Rooms Total: 5

Driving Directions


Travel north from 46th St on 42nd Ave to home.

Financial Considerations


Tenant Pays: Electric

Owner Pays: Gas,Sewer,Trash,Water

Gross Income: 30000

Tax/Property ID: 0702823140114

Tax Amount: 6201

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 Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

Schools nearby 4025 42nd Avenue S

Schools in attendance boundaries Grades Distance Rating
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Data powered by ATTOM Data Solutions. Copyright© 2025. 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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