20 Beds
12 Baths
7,335 SqFt
20 Beds
12 Baths
7,335 SqFt
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 7,335 sqft
Price per Sqft $204
Subdivision Meeker Island Land & Power Co Add Rev
MLS Listing ID 7024189
Bedrooms 20
Year Built 2008
Annual Tax Amount $20,991
Tax Year 2025
Contingent None
Lot Dimensions 50x133
Property Sub-Type Fourplex
Property Description
WOW! A newer-construction four-unit near the University of Minnesota is a rare find. Built in 2008, this townhome-style property features four spacious units, each offering 5 bedrooms and 3 bathrooms—an ideal layout that continues to see strong rental demand. Modern construction, functional floor plans, and generous unit sizes make this opportunity stand out from typical multi-family options. This property is so sought after it has never seen any vacancy since it was built! Over 16 years with no vacancy!
Tenants pay all utilities with trash billed back by the owner, helping simplify expense management. Fee-based off-street parking is available in the adjacent lot, providing convenient parking flexibility.
Whether you are seeking an owner-occupant opportunity with income potential or a strong addition to an investment portfolio, this property checks the boxes. Newer four-plex properties in this location rarely become available, making this a unique chance to secure a high-demand multi-family asset with lasting appeal.
Location
State MN
County Hennepin
Rooms
Basement Finished
Interior
Heating Forced Air, Fireplace(s)
Fireplace No
Building
Story Two
Foundation 2445
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Minneapolis
Others
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