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3485 Lester Ave, Hastings, MN, 55033

8beds
4baths
3,300sqft
$549,900
$167price/sqft
$3,878/moest. monthly cost
$155,120/yrincome needed

About This Home

Incredible investment opportunity! This 4-plex features four 2 bedroom, 1 bath units with functional open layouts designed for comfortable living. Upper-level units offer private balconies, while tenants enjoy the convenience of on-site laundry, dedicated garage parking with one stall per unit, and additional off-street parking. A strong rental history with long-term tenants provides added confidence for investors seeking a proven income-producing property. Conveniently located near parks, shopping, restaurants, and major transportation routes, this property offers a desirable location that continues to attract and retain renters. Whether you're expanding your portfolio or purchasing your first multifamily property, this is an opportunity you won't want to miss.

Getting Around

19
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

7/10
5/10
Hastings Middle SchoolGrades 5-81.6 mi
9/10
Hastings High SchoolGrades 9-122.8 mi

Construction

Condition

  • Year built: 1969

Materials

  • Roof: Age Over 8 Years

Type & Style

  • Home type: MultiFamily
  • Property subType: Fourplex

Interior

Basement

  • Has basement: Yes
  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4

Features

  • Finished area below ground: 1,650
  • Finished area above ground: 1,650

Heating

  • Heating features: Radiator,Radiant

Interior Area

  • Total structure area: 3,300
  • Total interior livable area: 3,300 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 195850000113
  • Zoning description: Residential-Multi-Family
  • Foundation area: 1650

Features

  • Levels: Two

Lot

  • Lot size: 0.37 Acres
  • Lot size dimensions: irregular

Parking

  • Total spaces: 5
  • Parking features: Detached Garage
  • Has garage: Yes
  • Attached garage spaces: 5
  • Covered spaces: 5