2316-18 Aldrich AVE S new Save Request In-Person Tour Request Virtual Tour
Minneapolis,MN 55405
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,634 sqft
Price per Sqft $150
Subdivision Browns Rgt Of Blks 6 & 7 Sunnyside
MLS Listing ID 6779599
Year Built 1900
Annual Tax Amount $10,669
Tax Year 2025
Contingent None
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 49.58x134.85
Property Sub-Type Quadruplex
Property Description
Great investment 4-plex opportunity with good cash flow. All units are rented and the property has an excellent rental history. Well maintained and updated. New electrical system. Three spacious 2 bedroom one bath units and a large 2-floor 5 bedroom and two bath unit. Separate electrical and gas for each unit. Unit 1 leases for $1,390/month at $1,390 through August 31, 2026. Unit 2 leases for $1,420/month through July 31, 2026. Unit 3 leases for $1,410/month and is a month-to-month contract. Unit 4 leases for $2,440/month through May 31, 2026. Original features include a classic front porch, hardwood floors, leaded glass windows. A driveway is on the Southside of the property. Located in a historically designated area. Highly walkable to the Hennepin and Lyndale corridors with stores, restaurants and entertainment venues close by.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Full,Unfinished
Interior
Heating Boiler,Forced Air,Hot Water
Fireplace No
Exterior
Parking Features On-Street Parking Only
Building
Story More Than 2 Stories
Foundation 1836
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories More Than 2 Stories
Structure Type Wood Siding
New Construction false
Schools
School District Minneapolis
Others
Virtual Tour https://media.wonoverimages.com/sites/gekapom/unbranded