2316-18 Aldrich Avenue S, Minneapolis, MN 55405
Local realty services provided by:Better Homes and Gardens Real Estate First Choice
Listed by:gary p bennett
Office:lakes area realty
MLS#:6779599
Source:NSMLS
Price summary
- Price:$849,000
- Price per sq. ft.:$113.65
About this home
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 $1,420/month at $1,420 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.
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Home facts
- Year built:1900
- Listing ID #:6779599
- Added:1 day(s) ago
- Updated:September 05, 2025 at 12:53 PM
Rooms and interior
- Living area:5,634 sq. ft.
Heating and cooling
- Heating:Boiler, Forced Air, Hot Water
Structure and exterior
- Year built:1900
- Building area:5,634 sq. ft.
- Lot area:0.15 Acres
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$849,000
- Price per sq. ft.:$113.65
- Tax amount:$10,669 (2025)
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