About This Home
This 12-bedroom, 4-bathroom residential multi family at 1508 E 26th Street in Minneapolis, MN is listed for $539,999 ($173 per sqft). Built in 1913, the home offers 3,124 sqft of living space on a 0.11 acres lot.
Key Features
- Built in 1913
- 0.11 acre lot
Property Details
Rare opportunity to own a well-maintained, turnkey fourplex in a desirable location! Whether you're looking to owner-occupy or expand your investment portfolio, this property offers exceptional value. Live in one unit while the rental income helps offset your mortgage and living expenses, or enjoy strong, consistent cash flow as a fully leased investment.
The property has maintained 100% occupancy over the past year with outstanding tenants and currently generates $5,800 per month in rental income. Each unit features two bedrooms plus a bright front sunroom, offering the flexibility to use the space as a home office, nursery, or potential third bedroom.
Recent updates include a new water heater, adding peace of mind for the next owner. Additional amenities include a private off-street parking lot, providing convenient parking for tenants. This is a rare opportunity to purchase a move-in, rent-ready fourplex with a proven rental history and excellent income potential.
Monthly Cost Estimate
$2,888/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1508 E 26th Street
Minneapolis, MN 55404
Gales 1st Add
Features & Amenities
Exterior Features
Property Details
Parking
Heating
Questions & Answers
This 12-bedroom, 4-bathroom residential multi family at 1508 E 26th Street is listed at $539,999 ($173/sqft). The estimated monthly payment is $2,888 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1913, 0.11 acre lot. Exterior Features: Stucco.
This property is listed by Benjamin Jacobs and can be reached at (952) 368-0021.
