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2424 Lyndale Avenue S Minneapolis, MN $ 1,445,000
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$ 1,445,000 Get more info
2424 Lyndale Avenue S
$ 1,445,000
Back to search
Share Save

2424 Lyndale Avenue S

Minneapolis, MN, 55405
$ 1,445,000
Bedrooms14 Baths13.3 Sq 7,328

Monthly Estimate*

$ 10,094

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Multi-Family Home for sale in Minneapolis, MN

for $1,445,000 with 14 bedrooms and 13 full baths, 3 half baths. This 7,328 square foot home was built in 2016 on a lot size of 0.12.

Fabulous multi-level 4 units built in 2016 in the heart of Uptown! Each unit boasts high ceilings, open concept main level with large kitchen, SS appliances, granite counters and breakfast bar, in-unit laundry and separate utilities and mechanicals! *Unit 1 (3BR/2.5 baths) rents at $2220/mo and is now leased 5/1/24-4/29/25. *Unit 2 (4BR/4.5BA) rents at $3710/mo and is leased through 8/31/24. *Unit 3 (3BR/2.5BA) rents @ $2470/mo and is leased through 6/29/24. *Unit 4 (4BR/4.5BA) rents @ $3275/mo and is leased through 7/30/24. Total yearly gross rents is: $140,100. Owner pays and maintains the water/trash bill and charges back the tenants monthly. Units 1 and 3 enjoy a large porch and Units 2 and 4 enjoy a rooftop deck!

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Multi-Family Active

Price

$ 1,445,000

Bedrooms

14

Full Bath

13

Half Bath

3

Property Type

Multi-Family

Taxes

$ 20,866

Style

Quadruplex

Lot Size

0.12

Year Built

2016

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6493089
Features
General
Sewer City Sewer/Connected
Heating Forced Air
Roof Age 8 Years or Less Asphalt
Garage Spaces 1
Construction Materials Fiber Cement
Year Built 2016
Electric Circuit Breakers 100 Amp Service
Tenant Pays Cable TV Electricity Gas Trash Collection
Levels More Than 2 Stories
Property SubType Quadruplex
Tax Year 2024
Gross Income 143500
Accessibility None
County Hennepin
Operating Expense 17750
Insurance Expense 7300
New Construction N
Property Type Residential Income
Association Amenities Fire Sprinkler System Porch
Contingency None
Subdivision Name Lyndale Ave Add
Directions On Lyndale Ave between W 24th and W 25th streets.
City Minneapolis
Buyer Agent Compensation 2.70
High School District Minneapolis
Zoning Description Residential-Multi-Family
Total Units 4
Street Name Lyndale
Land Lease Y/N N
Tax Annual Amount 20866
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 3500
Additional Parcels Y/N N
Virtual Tour https://tours.spacecrafting.com/n-663tpb
Days on Market 70
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Block Egress Window(s) Finished Full
Basement (Y/N) Y
Above Grade Finished Area 5810
Street Suffix Avenue
Below Grade Finished Area 1518
Fuel Natural Gas
Garage Square Feet 240
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Exterior
Parking Features Assigned Detached Asphalt Open
Lot Features Public Transit (w/in 6 blks) Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.12
Lot Dimensions 45x118
Lot Size Units Acres
Foundation Area 1518
Road Frontage Type City Street Curbs Paved Streets Sidewalks Street Lights Storm Sewer
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 2424
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* Excluded Features
List By
Coldwell Banker Realty

Broker

lallen@cbburnet.com

Email

Affordability Calculator

$11,833
Per Month
85%
15%
0%
Monthly Principal & Interest
$10,094
Monthly Property Taxes
$1,739
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/1/2024$1,445,000 -3.34% Price Down
2/22/2024$1,495,000 Listed Price

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2424 Lyndale Avenue S, Minneapolis, MN, 55405 is a Multi-Family Home for sale at $1,445,000 with 7,328 sqft and a lot size of 0.12. 2424 Lyndale Avenue S has 14 bedrooms, 13.3 baths, and was built in 2016. The property's zip code is 55405 which is in Minneapolis, MN

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