About 1217 Yale Avenue Se
SELLER IS OPEN TO CONTRACT FOR DEED WOW! A newer-construction four-unit near the University of Minnesota is a rare find. Built in 2008, this townhome-style property features four spacious units, each offering 5 bedrooms and 3 bathrooms—an ideal layout that continues to see strong rental demand. Modern construction, functional floor plans, and generous unit sizes make this opportunity stand out from typical multi-family options. This property is so sought after it has never seen any vacancy since it was built! Over 16 years with no vacancy! Tenants pay all utilities with trash billed back by the owner, helping simplify expense management. Fee-based off-street parking is available in the adjacent lot, providing convenient parking flexibility. Whether you are seeking an owner-occupant opportunity with income potential or a strong addition to an investment portfolio, this property checks the boxes. Newer four-plex properties in this location rarely become available, making this a unique chance to secure a high-demand multi-family asset with lasting appeal.
Features of 1217 Yale Avenue Se
| MLS® # | 7024189 |
|---|---|
| Price | $1,500,000 |
| Bedrooms | 20 |
| Bathrooms | 12.00 |
| Square Footage | 7,335 |
| Acres | 0.15 |
| Year Built | 2008 |
| Type | Residential Income |
| Sub-Type | Fourplex |
| Status | Active |
Community Information
| Address | 1217 Yale Avenue Se |
|---|---|
| Area | 65 |
| Subdivision | Meeker Island Land & Power Co Add Rev |
| City | Minneapolis |
| County | Hennepin |
| State | MN |
| Zip Code | 55414 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Forced Air, Fireplace(s) |
|---|---|
| Fireplace | No |
Exterior
| Exterior Features | Stone, Vinyl |
|---|
School Information
| District | Minneapolis |
|---|
Additional Information
| Days on Market | 140 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $20,991 |
Listing Details
| Office | Financially Free, LLC |
|---|