3548 Portland Avenue, Minneapolis, MN 55407

Local realty services provided by:CENTURY 21 FM Realty
3548 Portland Avenue,Minneapolis, MN 55407
$609,900
  • 8 Beds
  • 4 Baths
  • 4,096 sq. ft.
  • Multi-family
  • Active
Listed by: grigoriy gorshteyn
Office: algo realty inc
MLS#:7079608
Source:ND_FMAAR

Price summary

  • Price:$609,900
  • Price per sq. ft.:$148.9

About this home

Fantastic opportunity to own a solid 4-unit property in a prime South Minneapolis location. Each unit offers 2 bedrooms and 1 bathroom with functional layouts that attract long-term tenants. The building is fully occupied and currently generates $5,790 per month in rents, with clear potential for increases over time. Two units are occupied by long-term residents, providing stability and reliable cash flow. This property is an excellent fit for both investors and owner-occupants. Live in one unit while the other three help cover your mortgage, or continue operating as a fully rented income property. Conveniently located near parks, restaurants, and major commuting routes, this building combines strong rental performance with everyday livability. Don’t miss your chance to secure a well-maintained multifamily property with both income and equity growth potential.

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Home facts

  • Year built:1923
  • Listing ID #:7079608
  • Added:1 day(s) ago
  • Updated:May 22, 2026 at 09:54 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Living area:4,096 sq. ft.

Structure and exterior

  • Year built:1923
  • Building area:4,096 sq. ft.
  • Lot area:0.12 Acres

Utilities

  • Water:City Water/Connected
  • Sewer:City Sewer/Connected

Finances and disclosures

  • Price:$609,900
  • Price per sq. ft.:$148.9
  • Tax amount:$9,502