2641 Lyndale Avenue S Minneapolis, MN $ 550,000
2641 Lyndale Avenue S
$ 550,000
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2641 Lyndale Avenue S

Minneapolis, MN, 55408
$ 550,000
Bedrooms4 Baths4.0 Sq 2,652

Monthly Estimate*

$ 3,799

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Multi-Family Home for sale in Minneapolis, MN

for $550,000 with 4 bedrooms and 4 full baths. This 2,652 square foot home was built in 1912 on a lot size of 0.12.

Four unit brick apartment building on the Lyndale corridor where Whittier meets the Wedge, a steady South Minneapolis rental pocket. Blocks to LynLake, the Midtown Greenway and Eat Street, minutes to Uptown, the lakes and downtown. Built in 1912, all one bedroom units, two per floor over a full basement, with off street parking in the rear. Six figures have gone into the mechanicals over the past five years, so the big ticket items are handled. New combination boiler and water heater in each unit (2024), updated electrical panels, gas and electric separately metered with no house meters, and water, sewer and trash billed back through RUBS, so the owner has low utility costs. On site laundry is owned, not leased, and currently free to tenants. Three units leased, one month to month, a fit for an owner occupant in one unit or an investor adding a stabilized, professionally managed building.

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Multi-Family Active

Price

$ 550,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 9,742

Style

Fourplex

Lot Size

0.12

Year Built

1912

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7060338

Features
General
Living Area 2652
Sewer City Sewer/Connected
Heating Boiler
Garage Spaces 0
Construction Materials Brick
Year Built 1912
Electric 100 Amp Service
Tenant Pays Electricity Heat Hot Water Sewer Trash Collection Water
Levels Two
Property Subtype Fourplex
Tax Year 2026
Gross Income 54264
Accessibility None
County Hennepin
Operating Expense 0
Insurance Expense 0
New Construction N
Property Type Residential Income
Association Amenities Laundry
Contingency None
MaintenanceExpense 0
Subdivision Name Hoblitts Add
Directions 94 to Lyndale Ave S the property will be on your left / East side of the street just south of Aldi.
City Minneapolis
High School District Minneapolis
Number Of Units Total 4
Lot Size Units Acres
Carport Spaces 0
Land Lease Y/N N
Tax Annual Amount 9742.94
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 Block
Basement (Y/N) Y
Above Grade Finished Area 2652
Laundry Features In Basement Common Area
Total Bedrooms 4
Below Grade Finished Area 0
Total Baths 4
Fuel Natural Gas
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Exterior
Parking Features Parking Lot
Water Source City Water/Connected
Lot Size Area 0.12
Building Area Total 3978
Lot Dimensions 45x118
Waterfront Y/N N
Foundation Area 1326
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Internal Only
Street Number 1 2641
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* Excluded Features
List By
Mrg Realty Partners, Llc

Broker

Nate@mrgrealtypartners.com

Email

Affordability Calculator

$4,611
Per Month
82%
18%
0%
Monthly Principal & Interest
$3,799
Monthly Property Taxes
$812
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
8/5/2026$550,000 Listed Price

Map


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2641 Lyndale Avenue S, Minneapolis, MN, 55408 is a Multi-Family Home for sale at $550,000 with 2,652 sqft and a lot size of 0.12. 2641 Lyndale Avenue S has 4 bedrooms, 4.0 baths, and was built in 1912. The property's zip code is 55408 which is in Minneapolis, MN