4255 Thomas Avenue N, Minneapolis, MN 55412
- $399,000
- 4
- BD
- 4
- BA
- 2,550
- SqFt
- List Price
- $399,000
- MLS#
- 7105318
- Status
- ACTIVE
- Type
- Multifamily
- Style
- (MF) Duplex Side X Side
- Bedrooms
- 4
- Bathrooms
- 4
- Living Area
- 2,550
- Acres
- 0.14
- Subdivision
- Victory Park Add
- Neighborhood
- 79
- Year Built
- 1940
Property Description
4-Unit Multi-Family (non-conforming) investment opportunity with strong income potential! This fully leased 4 unit property offers 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 (zoned as a DUPLEX), 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. Tenant leases 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. Tenants are charged a monthly flat fee for electricity, gas, water, sewer & trash. This amount is already wrapped into the monthly rent that was stated. Buyer and Buyer's Agent to verify all details, including square footage. 24 Hour Tenant Notice required for showings.
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Additional Information
- School District
- Minneapolis
- Tax Year
- 2026
- Fencing
- None
- Fuel
- Other
- Lot Description
- Corner Lot
- Sewer
- City Sewer/Connected
- Heating
- Baseboard, Forced Air
- Water
- City Water/Connected
- Basement
- Finished
- Parking
- Detached Garage
- Garage Spaces
- 2
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Listing courtesy of Fuze Real Estate.
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