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2428 11th Ave S, Minneapolis, MN, 55404

10beds
4baths
5,968sqft
$474,900
$80price/sqft
$3,774/moest. monthly cost
$150,960/yrincome needed

About This Home

This large renovated 4-plex on quiet street near major hospitals, Lake St corridor, and downtown awaits you! Possibilities are endless, bring your ideas! Consider house hacking to jumpstart your investing and build generational wealth, creating Airbnbs for hospital guests or medium-term rentals for traveling nurses, or build out unfinished attic and basement for a 6-plex conversion and impressive cash flow! Building well maintained with numerous updates since 2020, including new roof, soffit and fascia, complete tuckpointing and painting of brickwork, new water heater, modernization of heating system, installation of large custom windows in front, and cosmetic turn-over of all units. Projected gross monthly rents surpass 5.5K, conservatively. Your future awaits; don’t let this one pass you by!

Getting Around

75
WalkingVery Walkable
62
TransitGood Transit
94
BikeBiker's Paradise

Schools

--
Andersen CommunityGrades PK-80.3 mi
6/10
South Senior High SchoolGrades 9-121.1 mi
--
Folwell Arts MagnetGrades PK-81.6 mi

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Asphalt

Type & Style

  • Home type: MultiFamily
  • Property subType: Fourplex

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 4

Features

  • Finished area below ground: 0
  • Finished area above ground: 3,704

Heating

  • Heating features: Hot Water

Interior Area

  • Total structure area: 5,968
  • Total interior livable area: 5,968 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 3502924240039
  • Zoning description: Residential-Multi-Family
  • Foundation area: 1966

Features

  • Levels: Two

Lot

  • Lot size: 5,227 sqft
  • Lot size dimensions: 39 x 129 x 39 x 129