***Proof of funds required for any showing.*** This is your opportunity to own a convenient 4-plex in an in-demand part of South Minneapolis. Bring your vision to re-energize this unique property. This property is condemned and will need virtually everything done on the inside, but the exterior is in good shape. Serious investors only. Grow your investment portfolio with this 4-plex!
MLS ID: 7005957
Directions: Nicollet to 37th. East to home.
MLS #: 7005957
Listing courtesy of: BRIX Real Estate
Price: $180,000
Type: Multi-Family
Contingency: None
Foreclosure: No
Zoning: Residential-Multi-Family
Total Units: 4
Annual Gross Income: $48,000
Operating Expense: $10,000
Annual Insurance Expense: $3,000
Annual Maintenance Expense: $1,000
Annual Other Expense: $1,000
Annual Annual Expense: $1,000
Annual Water/Sewer Expense: $1,000
Parking Features: Gravel
Owner Occupied: No
Finished SqFt Total: 2,148
Finished Above Grade: 2,148
Fireplace: No
AccessibilityFeatures: None
Roof: Age 8 Years or Less
Heating: Boiler
Foundation Area: 840
Sewer: City Sewer/Connected
Water Source: City Water - In Street
Present Use: Yearly
Complex/Dev/Sub Name: Higman Ridgway & Cos Add
Lot Dimensions: 45x76
District: Minneapolis
District Number: 558
District Phone: 6126680000
County: Hennepin
Survey Range: 24
Survey Section: 03
Survey Township: 28
Tax Year: 2026
Tax Amount: $3,600
Assessment Pending: Unknown
Taxes w/Assessments: $3,766
This listing was last updated by BRIX Real Estate on 3/13/2026 at 10:48 am.
Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.
Records last updated at 3/18/2026 6:25 am.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc.
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Twin Cities are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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