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4412 Portland Avenue, Minneapolis, MN 55407

$385,000
  • 4412 Portland Avenue, Minneapolis, MN 55407 Main Photo

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Contingent
BEDS0 BATHS SQUARE FEET1,884 MLS#7059294
STATUSContingent PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONF A Savages Portland Ave Add SCHOOLMinneapolis

Property Description

Clean and well-maintained up/down duplex in a highly walkable/bikeable neighborhood, offering an excellent investment opportunity to rent both units or owner-occupy and have your mortgage offset by rental income. Each unit has its own in-unit laundry, separate gas and electric meters for split utilities, and private deck with access to the fully-fenced backyard.Improvements include two newer water heaters (2025 and 2019), new gas range in the upstairs unit (2025) and roof replaced (2016).The lower unit spans the main floor and basement, with three bedrooms total. Hardwood floors on the main level and charming updated kitchen with gas range and butcher block counters. Private interior access leads to the finished basement, which includes the third bedroom, an amusement room, and a large laundry and storage room. The upper unit has one bedroom, full bathroom, a sitting nook, in-unit laundry, brand new gas range, two window A/C units (window A/C units stay with the property), and electric baseboard heat. Both units enjoy access to their own private deck, a fully fenced backyard, and share a detached two-car garage with a large parking pad.Convenient to Nicollet Avenue's walkable corridor, home to neighborhood favorites like The Lowbrow, Driftwood, and Silverbird Coffee. Minutes from entertainment like the Parkway Theater, and grocery options like Kingfield Farmers Market at MLK Park (Sundays), Seward Co-op Friendship Store, and Lunds & Byerlys. Close to Lakes Hiawatha and Nokomis, and Minnehaha Creek, for outdoor enjoyment. Quick connections to I-35W and downtown Minneapolis.

4412 Portland Avenue | MLS# 7059294

This multi-family property located at 4412 Portland Avenue, Minneapolis, MN 55407 is currently listed for sale with an asking price of $385,000. Portland Avenue is located within the Minneapolis school district. Search Minneapolis real estate on www.homesbyjoel.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Daylight/Lookout Windows, Egress Window(s), Finished, Full, Concrete, Partially Finished, Single Tenant Access, Storage Space
Basement: Yes
Garage: 2
Heating: Baseboard, Forced Air, Space Heater
Lot Size: 0.12 Acres
Roof Type: Age Over 8 Years, Asphalt, Pitched
Taxes: $8,161
Year Built: 1951

Feature Descriptions

Days on Site: 7
Exterior: Concrete
Foundation Size: 884
Lot: Public Transit (w/in 6 blks), Tree Coverage - Light
Lot Dimensions: 45 x 120
Owners Expense: Sewer, See Remarks, Taxes, Trash Collection, Water
Parcel#: 1002824440003
Parking: Detached Garage, Concrete, Garage Door Opener
Road Frontage: City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
Sewer: City Sewer/Connected
Tenant Expenses: Electricity, Gas
Units: 2
Water: City Water/Connected

Local Schools

School District: Minneapolis

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Integrity
Agency Phone: 952-938-6100

Shown By

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

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Estimated Payment

$ 1,649.22 per month $856.84 Principal & Interest $680.08 Property Tax $112.29 Homeowner's Insurance

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