2420 4th AVE S, Minneapolis, MN 55404
See all 72 photos
2420 4th AVE S, Minneapolis, MN 55404
2420 4th AVE S, Minneapolis, MN 55404
2420 4th AVE S, Minneapolis, MN 55404
2420 4th AVE S, Minneapolis, MN 55404

$747,500

Est. payment /mo

$760,000

1.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

2420 4th AVE S Minneapolis, MN 55404

5,662 Sqft Lot

SOLD DATE : 05/21/2026

Key Details

Sold Price $747,500

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Hansons Twenty Fourth St Rgt

MLS Listing ID 7020069

Sold Date 05/21/26

Year Built 1912

Annual Tax Amount $12,729

Tax Year 2025

Contingent None

Lot Size 5,662 Sqft

Lot Dimensions 44 x 128 x 44 x 128

Property Description

Five-unit building in Whittier, one of Minneapolis' highest-demand renter neighborhoods. Attractive walkable pocket just blocks from internationally recognized restaurants, Minneapolis College of Art & Design, and the local arts scene like the Minneapolis Institute of Art. With this central location close to 35W, 94, Uptown & Downtown, renters and managers have quick & easy access to the property.

Four of the units are 2BR/1BA with an in-unit washer/dryer set, granite counters, gas stove, dishwasher, and central air. The building was fully renovated to code, and the major systems have been steadily replaced in the past 10 years: All Furnaces (2018) water heaters (2020), roof (2024) and updated electrical. The fifth unit (large studio) was added in 2021. Fire sprinkler system throughout.

Two-car garage plus two off-street surface parking spots. RUBS already in place for partial utility recapture. Locking basement storage for each unit. 

Owners or managers can step into place and focus on cash flow, instead of planning major repairs in the near future with a property that was renovated the right way the first time on good bones.

Great entry point for a newer investor who wants to own something that's actually been maintained & wants to maximize income.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Exterior

Parking Features Detached Garage, Parking Lot

Garage Spaces 2.0

Utilities Available Electric Separate, Heating Separate

Present Use Residential

Building

Foundation 1900

Sewer City Sewer/Connected

Water City Water/Connected

New Construction false

Schools

School District Minneapolis

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by David Dirkers • MRG Realty Partners, LLC
Michael Kaslow

Michael Kaslow

Owner/CEO/Listing Agent | License ID: 502033806

+1(612) 619-6855

GET MORE INFORMATION

Name
Phone*
Message