Primary listing photo

4429 Portland Ave, Minneapolis, MN, 55407

8beds
5baths
4,680sqft
$679,000
$145price/sqft
$5,141/moest. monthly cost
$205,640/yrincome needed

About This Home

Prime Investment Opportunity in South Minneapolis! This fully occupied triplex is ideally located just steps from Minnehaha Trail, local coffee shops, and top restaurants. The property features 3 spacious units totaling 8 bedrooms and 5 bathrooms, with one unit currently on a month-to-month lease—offering flexibility for future plans. Highlights include beautiful hardwood floors throughout, a newly renovated basement unit, and a brand-new garage. A rare chance to own a turnkey income property in one of the city’s most walkable and desirable neighborhoods. Owner is the listing agent.

Getting Around

64
WalkingSomewhat Walkable
56
TransitGood Transit
93
BikeBiker's Paradise

Schools

--
Field Elementary SchoolGrades 5-80.3 mi
8/10
6/10

Construction

Condition

  • Year built: 1931

Materials

  • Roof: Asphalt,Pitched

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Appliances

  • Laundry features: In Basement,Coin-op Laundry Owned

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 5

Features

  • Finished area below ground: 1,240
  • Finished area above ground: 3,120

Heating

  • Heating features: Boiler,Fireplace(s),Hot Water

Interior Area

  • Total structure area: 4,680
  • Total interior livable area: 4,680 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1102824330082
  • Zoning description: Residential-Multi-Family
  • Foundation area: 1560

Features

  • Levels: Two

Lot

  • Lot size: 5,662 sqft
  • Features: Near Public Transit,Tree Coverage - Light
  • Lot size dimensions: 50 x 117

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2