2121 13th Avenue S, Minneapolis, MN 55404
Local realty services provided by:CENTURY 21 FM Realty
2121 13th Avenue S,Minneapolis, MN 55404
$649,000
- 12 Beds
- 6 Baths
- 7,446 sq. ft.
- Multi-family
- Active
Listed by: michael weber
Office: re/max results
MLS#:7105569
Source:ND_FMAAR
Price summary
- Price:$649,000
- Price per sq. ft.:$87.16
About this home
Turnkey 4-Plex Investment Opportunity in Minneapolis!
Don't miss this exceptional opportunity to own a well-maintained, cash-flowing 4-plex in Minneapolis with significant recent capital improvements and long-term value. This solid investment property has been thoughtfully updated, allowing a new owner to step into a stable asset with strong income potential.
Major improvements include new metal siding (2025), a new roof (2024), updated windows, newer high efficiency boilers, and water heaters-helping minizine future maintenance expenses. Inside, three of the four units have been recently renovated, making the property attractive to tenants while still offering upside potential with the remaining unit.
One of the property's standout features is its enrollment in the City of Minneapolis 4d Affordable Housing Incentive Program, providing substantial property tax savings year after year, and enhancing overall cash flow. Combined with its positive cash flow and extensive updates, this is an outstanding opportunity for both seasoned investors and those looking to expand their rental portfolio.
Whether you're seeking reliable income, reduced operating costs, or a well-maintained multifamily asset in a strong rental market, this Minneapolis 4-plex checks all the boxes....
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Home facts
- Year built:1900
- Listing ID #:7105569
- Added:1 day(s) ago
- Updated:July 19, 2026 at 05:56 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:6
- Living area:7,446 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1900
- Building area:7,446 sq. ft.
- Lot area:0.11 Acres
- Foundation Description:Brick/Mortar
Utilities
- Water:City Water/Connected
- Sewer:City Sewer/Connected
Finances and disclosures
- Price:$649,000
- Price per sq. ft.:$87.16
- Tax amount:$2,300
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