3921 Thomas Avenue N Minneapolis, MN $ 559,000
3921 Thomas Avenue N
$ 559,000
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3921 Thomas Avenue N

Minneapolis, MN, 55412
$ 559,000
Bedrooms6 Baths4.0 Sq 2,913

Monthly Estimate*

$ 3,715

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Multi-Family Home for sale in Minneapolis, MN

for $559,000 with 6 bedrooms and 4 full baths. This 2,913 square foot home was built in 1928 on a lot size of 0.12.

Welcome to 3921 Thomas! Just blocks from the beautiful Victory & Theodore Wirth Parkway, this rare 4plex was completely remodeled in 2020. It is being offered fully furnished so that the new owner can walk right into a profitable Mid-Term rental business. The current owners are advocates for real estate stewardship and will be happy to consult the next buyer on managing the mid-term rentals. In the 4plex you will find original charm and character combined with intentional design. A classic 4 by 4 layout with shared stairwells ensure the units privacy and enjoyment. To top it all off this 4plex boasts 3 garage stalls perfect for tenant or guest parking. Live in one unit and rent the other units to cover all your living expenses or lease up the building for immediate cashflow. Be sure to check out this wonderful 4plex today! See Matterport walkthrough Unit 1&2 (lower): 1bed/1bath Unit 2&3 (upper): 2bed/1bath

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Multi-Family Active

Price

$ 559,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,400

Style

Quadruplex

Lot Size

0.12

Year Built

1928

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6545148

Features
General
Sewer City Sewer/Connected
Heating Hot Water
Garage Spaces 3
Construction Materials Vinyl Siding
Year Built 1928
Electric 150 Amp Service 200+ Amp Service
Levels Two
Property SubType Quadruplex
Tax Year 2023
Gross Income 61344
Accessibility None
County Hennepin
Operating Expense 0
Insurance Expense 0
New Construction N
Property Type Residential Income
Contingency None
Subdivision Name Thorpe Bros William Penn Add
Directions Located on Thomas
City Minneapolis
Buyer Agent Compensation 2.70
High School District Minneapolis
NumberOfUnitsTotal 4
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 5400
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Virtual Tour https://my.matterport.com/show/?m=NFp9KBCGtSf&mls=1
Days on Market 19
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Unfinished
Basement (Y/N) Y
Above Grade Finished Area 2913
Below Grade Finished Area 0
Fuel Natural Gas
Garage Square Feet 0
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Exterior
Water Source City Water/Connected
Lot Size Area 0.12
Lot Dimensions 126x40
Foundation Area 1456
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Internal Only
Street Number 1 3921
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* Excluded Features
List By
Side By Side Realty Llc

Broker

scott@sidebysidere.com

Email

Affordability Calculator

$4,165
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,715
Monthly Property Taxes
$450
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/18/2024$559,000 -3.45% Price Down
6/10/2024$579,000 -6.46% Price Down
6/7/2024$619,000 -7.47% Price Down
5/30/2024$669,000 Listed Price

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3921 Thomas Avenue N, Minneapolis, MN, 55412 is a Multi-Family Home for sale at $559,000 with 2,913 sqft and a lot size of 0.12. 3921 Thomas Avenue N has 6 bedrooms, 4.0 baths, and was built in 1928. The property's zip code is 55412 which is in Minneapolis, MN