4255 Thomas Avenue N, Minneapolis, MN 55412
Local realty services provided by:Better Homes and Gardens Real Estate Advantage One
4255 Thomas Avenue N,Minneapolis, MN 55412
$399,000
- 4 Beds
- 4 Baths
- 2,200 sq. ft.
- Multi-family
- Active
Listed by: stacy churchill
Office: fuze real estate
MLS#:7105318
Source:ND_FMAAR
Price summary
- Price:$399,000
- Price per sq. ft.:$181.36
About this home
Turnkey 4-Unit Multi-Family investment opportunity with strong income potential! This fully leased non-conforming duplex property offers 4 separately rented units with a desirable mix of one-bedroom, studio, and two-bedroom layouts, providing diversified rental income and consistent tenant demand. Professionally managed and holding two rental licenses, this property is an excellent addition to an investment portfolio or a great opportunity for an owner looking to expand their holdings. The building features approximately 2,550 finished square feet and has an established occupancy history with leases already in place. Financials, rent roll, tenant leases, and additional due diligence documents are available for qualified buyers. Conveniently located near parks, shopping, restaurants, public transportation, and major commuter routes, this property combines stable occupancy with long-term investment potential. Don't miss this rare opportunity to acquire a fully occupied multifamily asset in Minneapolis.
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24 Hour Tenant Notice required for showings....
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Home facts
- Year built:1940
- Listing ID #:7105318
- Added:2 day(s) ago
- Updated:July 09, 2026 at 04:18 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Living area:2,200 sq. ft.
Heating and cooling
- Heating:Baseboard, Forced Air
Structure and exterior
- Year built:1940
- Building area:2,200 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Corner Lot
Utilities
- Water:City Water/Connected
- Sewer:City Sewer/Connected
Finances and disclosures
- Price:$399,000
- Price per sq. ft.:$181.36
- Tax amount:$6,887
Parking
- Garage spaces:2
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