About 4001 Mavelle Drive
Tree-lined, classic 12-unit apartment building ideally tucked behind the Room & Board high-end furniture store and directly across from the renowned upscale Galleria Mall. The property features 11 spacious two-bedroom, one-bath units and one studio, all offering well-designed, open, and functional floor plans. Residents enjoy walking-distance access to numerous restaurants, shops, banks, Lunds & Byerlys, Whole Foods, Southdale Center, Cub Foods, and Target. Located just 10 minutes from downtown Minneapolis and the University of Minnesota, the property is also situated within the highly sought-after Edina School District. This property offers a quiet residential sanctuary in the heart of Edina, combining privacy with unmatched convenience. Each unit includes a private one-car detached garage plus one additional off-street parking space. Additional features include: Baseboard hot water radiant heat for consistent comfort Tenants pay electric Coin-operated laundry on site Located in Edina—one of the most affluent close-in suburbs of Minneapolis—the property presents future redevelopment potential, situated just half a block from the France Avenue commercial district, which includes hospitals, physician offices, and high-end shopping destinations. The property is zoned PRD-4, allowing for flexible higher-density multifamily development with commercial elements (buyer to verify with the City of Edina). 1031 Exchange property.
Features of 4001 Mavelle Drive
| MLS® # | 7000870 |
|---|---|
| Price | $2,750,000 |
| Acres | 0.67 |
| Year Built | 1961 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 4001 Mavelle Drive |
|---|---|
| Subdivision | Stows Edgemoor Add Blk 9 Rep |
| City | Edina |
| County | Hennepin |
| State | MN |
| Zip Code | 55435 |
Amenities
| Utilities | Electric Separate, Heating Common |
|---|---|
| Parking | Detached Garage, Parking Lot |
| # of Garages | 12 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Baseboard, Boiler |
|---|---|
| Cooling | Window Unit(s) |
| Fireplace | No |
School Information
| District | Edina |
|---|
Additional Information
| Zoning | Residential-Multi-Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $28,991 |
Listing Details
| Office | Sweet Home Realty, LLC |
|---|
