$645,000

4348 Minnehaha Avenue, Minneapolis, MN 55406

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$645,000

(14,000) 04/15/2026

4348 Minnehaha Avenue Minneapolis, MN 55406

For Sale MLS# 6698823

8 beds 4 baths 2,912 sq ft Multi-family

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Data current as of 25/06/2026 04:33:11

Details for 4348 Minnehaha Avenue

MLS# 6698823

Description for 4348 Minnehaha Avenue, Minneapolis, MN, 55406


An excellent investment opportunity awaits with this well-maintained four-unit property in the sought-after Hiawatha Neighborhood, close to Minnehaha Falls. This 4-plex consists of four 2-bedroom units, each having oak hardwood floors, wall-mounted air conditioning units, dishwashers, as well as updated bathrooms and windows throughout.The property features separate hot water heating systems and updated electrical panels for each unit. Full basement offers additional storage space and two sets of coin operated laundry machines for tenants.Situated on an extra-deep lot, the property provides off-street parking. Its prime location is near the Mississippi River, offering access to scenic biking and jogging trails, light rail transit, shopping, restaurants, and convenient freeway access.

Listing Information


Property Type: Multi-family, Four Plex

Status: Active

Bedrooms: 8

Bathrooms: 4

Lot Size: 0.18 Acres

Square Feet: 2,912 sq ft

Year Built: 1929

Foundation: 1,456 sq ft

Stories: 2 Stories

Subdivision: A Oddens Add

Number Of Units Total: 4

County: Hennepin

Days On Market: 253

Construction Status: Previously Owned

School Information


District: 1 - Minneapolis

Additonal Room Information

Laundry: In Basement, Common Area

Interior Features


Square Footage above: 2,912 sq ft

Basement: Full, Unfinished, Daylight/Lookout Windows

Accessibility: No Stairs External

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Heating: Natural Gas, Boiler

Exterior / Lot Features


Parking Description: Unassigned, gravel lot, Garage Sq Ft - 0.00

Exterior: Brick/Stone, Stucco

Roof: Age Over 8 Years

Lot Dimensions: 48x164

Zoning: Residential-Multi-Family

Additional Exterior/Lot Features: Public Transit (w/in 6 blks), Road Frontage - Sidewalks, City, Curbs

Community Features


Association Amenities: Coin-op Laundry Owned

Unit Information


Unit 1 Units Total: 1

Unit 1 Actual Rent: 1195

Unit 1 Baths Total: 1

Unit 1 Beds Total: 2

Unit 1 Rooms Total: 4

Unit 2 Units Total: 1

Unit 2 Actual Rent: 1374

Unit 2 Baths Total: 1

Unit 2 Beds Total: 2

Unit 2 Rooms Total: 4

Unit 3 Units Total: 1

Unit 3 Actual Rent: 1125

Unit 3 Baths Total: 1

Unit 3 Beds Total: 2

Unit 3 Rooms Total: 4

Unit 4 Units Total: 1

Unit 4 Actual Rent: 1086

Unit 4 Baths Total: 1

Unit 4 Beds Total: 2

Unit 4 Rooms Total: 4

Driving Directions


46th St to Minnehaha, North on Minnehaha

Financial Considerations


Other Annual Tax: $328

Tenant Pays: Electric,Gas

Owner Pays: Insurance,Sewer,Taxes,Trash,Water

Gross Income: 57360

Tax/Property ID: 0702823420001

Tax Amount: 11216.4

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.

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Schools nearby 4348 Minnehaha Avenue

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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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