2015 2nd Avenue S Minneapolis, MN $ 449,900
2015 2nd Avenue S
$ 449,900
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2015 2nd Avenue S

Minneapolis, MN, 55404
$ 449,900
Bedrooms5 Baths4.0 Sq 2,390

Monthly Estimate*

$ 3,107

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Multi-Family Home for sale in Minneapolis, MN

for $449,900 with 5 bedrooms and 4 full baths. This 2,390 square foot home was built in 1900 on a lot size of 0.15.

Great opportunity to own a well positioned fourplex in South Minneapolis with several recent exterior improvements already completed. The property features new window sashes, a newer roof, and a freshly redone stucco exterior, providing an updated appearance while addressing important long-term maintenance items. The boiler was also just replaced in 2023 alleviating several major concerns for the new owner. The four-unit property offers multiple income-producing units, with one unit currently vacant, providing flexibility for an owner-occupant, immediate leasing opportunity, or the ability to make updates and boost rent before placing a new tenant. Conveniently located in South Minneapolis near neighborhood amenities, parks, shopping, dining, and transportation. A solid opportunity for investors looking to add a multifamily property with recent exterior improvements to their portfolio.

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Multi-Family Active

Price

$ 449,900

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 8,204

Style

Fourplex

Lot Size

0.15

Year Built

1900

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7151633

Features
General
Living Area 2390
Sewer City Sewer/Connected
Heating Boiler Steam
Roof Age 8 Years or Less Asphalt
Garage Spaces 2
Year Built 1900
Electric Circuit Breakers
Levels More Than 2 Stories
Property Subtype Fourplex
Tax Year 2026
Gross Income 48360
Accessibility None
County Hennepin
Operating Expense 15389
Insurance Expense 4435
New Construction N
Property Type Residential Income
Association Amenities Laundry Coin-op Laundry Owned Porch
Contingency None
MaintenanceExpense 0
Subdivision Name Remingtons Add
Directions E. Franklin Ave to South on 2nd Ave 2015 will be on East side of street
City Minneapolis
High School District Minneapolis
Number Of Units Total 4
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 8204
Electric Expense 4359
Fuel Expense 2579
Trash Expense 0
Water Sewer Expense 4016
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Unfinished
Basement (Y/N) Y
Above Grade Finished Area 2390
Laundry Features In Basement Common Area
Total Bedrooms 5
Below Grade Finished Area 0
Total Baths 4
Fuel Natural Gas
Garage Square Feet 400
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Exterior
Fencing Chain Link
Parking Features Detached Garage Asphalt
Water Source City Water/Connected
Lot Size Area 0.15
Building Area Total 4515
Lot Dimensions 50 X 127
Waterfront Y/N N
Foundation Area 1125
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Internal Only
Street Number 1 2015
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* Excluded Features
List By
Iq Realty

Broker

gmatheson087@gmail.com

Email

Affordability Calculator

$3,791
Per Month
82%
18%
0%
Monthly Principal & Interest
$3,107
Monthly Property Taxes
$684
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
10/1/2026$449,900 Listed Price

Map


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2015 2nd Avenue S, Minneapolis, MN, 55404 is a Multi-Family Home for sale at $449,900 with 2,390 sqft and a lot size of 0.15. 2015 2nd Avenue S has 5 bedrooms, 4.0 baths, and was built in 1900. The property's zip code is 55404 which is in Minneapolis, MN