About This Home
This 12-bedroom, 6-bathroom residential multi family at 2121 13th Avenue S in Minneapolis, MN is listed for $649,000 ($117 per sqft). Built in 1900, the home offers 5,542 sqft of living space on a 0.11 acres lot.
Key Features
- Built in 1900
- 0.11 acre lot
Property Details
Turnkey 4-Plex Investment Opportunity 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 solid investment 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 boilers, and newer water heaters-helping minizine future maintenance expenses. Inside, three of the four units have been recently renovated, making the property attractive to tenants while still offering upside potential with the remaining unit.
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.
Monthly Cost Estimate
$3,471/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2121 13th Avenue S
Minneapolis, MN 55404
Eliots Add
Features & Amenities
Exterior Features
Property Details
Heating
Questions & Answers
This 12-bedroom, 6-bathroom residential multi family at 2121 13th Avenue S is listed at $649,000 ($117/sqft). The estimated monthly payment is $3,471 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1900, 0.11 acre lot. Exterior Features: Aluminum Siding.
This property is listed by Michael Weber and can be reached at (952) 829-2900.




