2121 13th Avenue S, Minneapolis, MN

$649,000

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12

Beds

6

Baths

5,542

Square feet

0.11

Acres

About 2121 13th Avenue S

Turnkey 4-Plex Investment Opportunity in Minneapolis! Don't miss this exceptional opportunity to own a well-maintained, cash-flowing 4-plex in Minneapolis with significant recent capital improvements and long-term value. This solid investment property has been thoughtfully updated, allowing a new owner to step into a stable asset with strong income potential. Major improvements include new metal siding (2025), a new roof (2024), updated windows, newer high efficiency boilers, and water heaters-helping minizine future maintenance expenses. Inside, three of the four units have been recently renovated, making the property attractive to tenants while still offering upside potential with the remaining unit. One of the property's standout features is its enrollment in the City of Minneapolis 4d Affordable Housing Incentive Program, providing substantial property tax savings year after year, and enhancing overall cash flow. Combined with its positive cash flow and extensive updates, this is an outstanding opportunity for both seasoned investors and those looking to expand their rental portfolio. Whether you're seeking reliable income, reduced operating costs, or a well-maintained multifamily asset in a strong rental market, this Minneapolis 4-plex checks all the boxes.

Features of 2121 13th Avenue S

MLS® # 7105569
Price $649,000
Bedrooms 12
Bathrooms 6.00
Square Footage 5,542
Acres 0.11
Year Built 1900
Type Residential Income
Sub-Type Fourplex
Status Active

Community Information

Address 2121 13th Avenue S
Area 78
Subdivision Eliots Add
City Minneapolis
County Hennepin
State MN
Zip Code 55404

Amenities

Amenities Coin-op Laundry Owned
Is Waterfront No
Has Pool No

Interior

Heating Baseboard, Boiler
Fireplace No

Exterior

Exterior Features Aluminum Siding
Roof Age 8 Years or Less

School Information

District Minneapolis

Additional Information

Days on Market 24
Foreclosure No
Short Sale No
Taxes $2,300

Listing Details

OfficeRE/MAX Results

Listing Map

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