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4025 42nd Avenue S, Minneapolis, MN 55406

$390,000
  • 4025 42nd Avenue S, Minneapolis, MN 55406 Main Photo

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Active
BEDS0 BATHS SQUARE FEET1,288 MLS#7016605
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONL D Richardsons Add SCHOOLMinneapolis

Property Description

Investor alert: Turnkey duplex with proven rental performance and multiple avenues to increase cash flow. Two clean 1BD/1BA units, plus a spacious unfinished lower level?perfect for storage income or future expansion. 2-car garage offers optional rent add-on. Both units are currently vacant, giving you full control over rent resets and tenant selection. High-demand Hiawatha neighborhood supports strong long-term appreciation.

4025 42nd Avenue S | MLS# 7016605

This multi-family property located at 4025 42nd Avenue S, Minneapolis, MN 55406 is currently listed for sale with an asking price of $390,000. 42nd Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on www.homesbyjoel.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Block, Daylight/Lookout Windows, Full, Shared Access, Storage Space, Unfinished
Basement: Yes
Garage: 2
Heating: Boiler
Lot Size: 0.12 Acres
Roof Type: Age Over 8 Years, Asphalt
Taxes: $6,201
Year Built: 1929

Feature Descriptions

Days on Site: 56
Exterior: Block
Foundation Size: 1288
Lot: Tree Coverage - Light
Lot Dimensions: 40 x 126
Owners Expense: Gas, Sewer, Trash Collection, Water
Parcel#: 0702823140114
Parking: Detached Garage
Road Frontage: City Street
Sewer: City Sewer/Connected
Tenant Expenses: Electricity
Units: 2
Water: City Water/Connected

Local Schools

School District: Minneapolis

Listed By / Shown By

Listed By

Agency Name: Edina Realty, Inc.
Agency Phone: 651-698-2434

Shown By

Agency Title: Joel Hentges - Re/Max Advantage Plus
Agency Phone: 952-475-9541

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Estimate Your Payment

Estimated Payment

$ 1,498.47 per month $867.97 Principal & Interest $516.75 Property Tax $113.75 Homeowner's Insurance

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