$519,000
456 Buchanan Street NE Minneapolis, MN 55413
For Sale MLS# 7087862
1 beds 1 baths 2,688 sq ft Multi-family
Details for 456 Buchanan Street NE
MLS# 7087862
Description for 456 Buchanan Street NE, Minneapolis, MN, 55413
Four-unit property with Northeast character in a great location of the Beltrami neighborhood. Grocery stores, restaurants, breweries, and the University of Minnesota all in close proximity. All units are currently rented month-to-month with long-term tenants in place. The property includes two 2-bedroom units on the upper floor and two 1-bedroom units on the main level. Unit 1 was originally a neighborhood storefront during the roaring ’20s, adding a colorful chapter of local history to the property. Additional income opportunities include rent growth, RUBS implementation, monetizing the 5 garage spaces, and pet rent (building is dog-friendly). Large lot with yard adds further tenant appeal.Unit 1 - 672 sqft (1BR/1BA) – $1,000Unit 2 - 588 sqft (1BR/1BA) – $950 Unit 3 - 672 sqft (2BR/1BA) – $1,050 Unit 4 - 588 sqft (2BR/1BA) – $1,000 Building Improvements: Roof: New in 2017 Garage Roof: New 2026Boiler: New in 2013 Plumbing: PEX, 2013 Water Heaters: Replaced in 2013 Operating Expense Taxes: $9,381 Water + Solid Waste: $4,131 Insurance: $2,481 Gas : $2,769 Electric: $500
Listing Information
Property Type: Multi-family, Four Plex
Status: Active
Bedrooms: 1
Bathrooms: 1
Lot Size: 0.12 Acres
Square Feet: 2,688 sq ft
Year Built: 1910
Foundation: 1,344 sq ft
Garage: Yes
Stories: 2 Stories
Subdivision: Ramsey Lockwood & Others Add St Anth
Number Of Units Total: 4
County: Hennepin
Days On Market: 22
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Additonal Room Information
Laundry: In Basement
Interior Features
Square Footage above: 2,688 sq ft
Basement: Concrete Block
Utilities
Water: City Water - In Street
Sewer: City Sewer - In Street
Heating: Radiant, Natural Gas, Radiator
Exterior / Lot Features
Garage Spaces: 5
Parking Description: Detached Garage, Garage Sq Ft - 800.0
Exterior: Stucco
Roof: Flat
Lot Dimensions: 39.30 X 131.00
Additional Exterior/Lot Features: Corner Lot
Driving Directions
Southwest corner of Buchanan St NE and Spring St NE
Financial Considerations
Tenant Pays: Broadband,Cable T.V.,Electric
Owner Pays: Gas,Sewer,Trash,Water
Gross Income: 48000
Expense: 20000
Tax/Property ID: 1302924340007
Tax Amount: 8571
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Lifestyles
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 456 Buchanan Street NE
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 456 Buchanan Street NE
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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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