2121 13th Avenue S Minneapolis, MN $ 634,000
2121 13th Avenue S
$ 634,000
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2121 13th Avenue S

Minneapolis, MN, 55404
$ 634,000
Bedrooms12 Baths4.2 Sq 5,542

Monthly Estimate*

$ 4,379

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Multi-Family Home for sale in Minneapolis, MN

for $634,000 with 12 bedrooms and 4 full baths, 2 half baths. This 5,542 square foot home was built in 1900 on a lot size of 0.11.

Turnkey 4-Plex Investment Opportunity, with a significant property tax savings in Minneapolis! Don't miss this exceptional opportunity to own a well-maintained, cash-flowing 4-plex in Minneapolis with significant recent capital improvements and long-term value. This property has been thoughtfully updated, allowing a new owner to step into a stable asset with strong income potential. Major improvements include new metal siding (2025), a new roof (2024), updated windows, newer high efficiency boilers, and water heaters-helping minizine future maintenance expenses. Inside, three of the four units recently received new flooring and paint throughout. One of the property's standout features is its enrollment in the City of Minneapolis 4d Affordable Housing Incentive Program, providing substantial property tax savings year after year, and enhancing overall cash flow. Combined with its positive cash flow and extensive updates, this is an outstanding opportunity for both seasoned investors and those looking to expand their rental portfolio. Whether you're seeking reliable income, reduced operating costs, or a well-maintained multifamily asset in a strong rental market, this Minneapolis 4-plex checks all the boxes

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Multi-Family Active

Price

$ 634,000

Bedrooms

12

Full Bath

4

Half Bath

2

Property Type

Multi-Family

Taxes

$ 2,300

Style

Fourplex

Lot Size

0.11

Year Built

1900

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7105569

Features
General
Living Area 5542
Sewer City Sewer/Connected
Heating Baseboard Boiler
Roof Age 8 Years or Less
Garage Spaces 0
Year Built 1900
Levels More Than 2 Stories
Property Subtype Fourplex
Tax Year 2026
Gross Income 77040
Accessibility None
County Hennepin
Operating Expense 19550
Insurance Expense 0
New Construction N
Property Type Residential Income
Association Amenities Coin-op Laundry Owned
Contingency None
MaintenanceExpense 0
Subdivision Name Eliots Add
Directions From 39E take exit 9A for 12th St. Continue onto Hawthorn Ave. Turn right onto N 10th St. Turn left onto E 14th St. Turn right onto Chicago Ave. Turn left onto E Franklin Ave. Turn right onto 11th Av
City Minneapolis
High School District Minneapolis
Number Of Units Total 4
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 2300.36
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Storage Space Unfinished
Basement (Y/N) Y
Above Grade Finished Area 5542
Laundry Features In Basement Common Area
Total Bedrooms 12
Below Grade Finished Area 0
Total Baths 6
Fuel Electric Natural Gas
Garage Square Feet 0
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Exterior
Water Source City Water/Connected
Lot Size Area 0.11
Building Area Total 7446
Lot Dimensions 45x114
Waterfront Y/N N
Foundation Area 1944
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Internal Only
Street Number 1 2121
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* Excluded Features
List By
Re/Max Results

Broker

michael.weber@results.net

Email

Affordability Calculator

$4,571
Per Month
96%
4%
0%
Monthly Principal & Interest
$4,379
Monthly Property Taxes
$192
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
Pricing History
DatePricePrice ChangeDescription
9/22/2026$634,000 -2.31% Price Down
7/19/2026$649,000 Listed Price

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2121 13th Avenue S, Minneapolis, MN, 55404 is a Multi-Family Home for sale at $634,000 with 5,542 sqft and a lot size of 0.11. 2121 13th Avenue S has 12 bedrooms, 4.2 baths, and was built in 1900. The property's zip code is 55404 which is in Minneapolis, MN