2507 Lyndale Avenue S, Minneapolis, MN 55405

$569,900
5
BD
4
BA
3,308
SqFt

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List Price
$569,900
Price Change
▼ $29,100 1781059128
MLS#
6812015
Status
ACTIVE
Type
Multifamily
Bedrooms
5
Bathrooms
4
Living Area
3,308
Acres
0.11
Subdivision
Garfield Ave Add
Neighborhood
84
Year Built
1900

Property Description

This Multi-Family 4-Plex on Lyndale Avenue offers an 899 sq ft finished attic with potential to convert into a 5th unit (requires kitchen addition). Note: converting to a 5th unit changes the property status from residential to commercial with the City of Minneapolis. Zoned CM2 ("Corridor Mixed Use District"), this property is ideal for exploring small business opportunities on the first level while maintaining residential units above. Buyers must verify all City regulations and requirements. A new rear staircase was completed in July of 2025. The largest unit, over 1,100 square feet, includes two bedrooms and an office. It features hardwood floors, high ceilings, built-ins, and both front and rear entrances. A single-car garage provides added convenience. All units are on a month-to-month lease, allowing flexibility for the new owner. Exceptional property with endless potential — don't miss out!

Additional Information

School District
Minneapolis
Tax Year
2026
Fuel
Natural Gas
Sewer
City Sewer/Connected
Roof
Asphalt
Heating
Hot Water
Water
City Water/Connected
Basement
Other
Parking
Detached Garage
Garage Spaces
1

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty - Lakes.

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