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4255 Thomas Avenue N, Minneapolis, MN 55412

Minneapolis
Local realty services provided by:CENTURY 21 FM Realty
4255 Thomas Avenue N,Minneapolis, MN 55412
$399,000
  • 4 Beds
  • 4 Baths
  • 2,200 sq. ft.
  • Multi-family
  • Active
Listed by: stacy churchill
Office: fuze real estate
MLS#:7105318
Source:ND_FMAAR

Price summary

  • Price:$399,000
  • Price per sq. ft.:$181.36

About this home

4-Unit Multi-Family (non-conforming) investment opportunity with strong income potential! This fully leased 4 unit property offers a desirable mix of one-bedroom, studio, and two-bedroom layouts, providing diversified rental income and consistent tenant demand. Professionally managed and holding two rental licenses (zoned as a DUPLEX), this property is an excellent addition to an investment portfolio or a great opportunity for an owner looking to expand their holdings. The building features approximately 2,550 finished square feet and has an established occupancy history with leases already in place. Tenant leases are available for qualified buyers. Conveniently located near parks, shopping, restaurants, public transportation, and major commuter routes, this property combines stable occupancy with long-term investment potential. Don't miss this rare opportunity to acquire a fully occupied multifamily asset in Minneapolis. Tenants are charged a monthly flat fee for electricity, gas,...

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Home facts

  • Year built:1940
  • Listing ID #:7105318
  • Added:18 day(s) ago
  • Updated:July 26, 2026 at 03:33 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Living area:2,200 sq. ft.

Heating and cooling

  • Heating:Baseboard, Forced Air

Structure and exterior

  • Year built:1940
  • Building area:2,200 sq. ft.
  • Lot area:0.14 Acres
  • Lot Features:Corner Lot

Utilities

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

Finances and disclosures

  • Price:$399,000
  • Price per sq. ft.:$181.36
  • Tax amount:$6,887

Parking

  • Garage spaces:2

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