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

6 full
1900
Listing Description

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

Principal$469
Interest$2,812
Insurance$189

Estimates only. Actual payments may vary.

Location

2121 13th Avenue S

Minneapolis, MN 55404

Eliots Add

Features & Amenities

Exterior Features

Aluminum Siding

Property Details

Heating

OilBaseboard

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.

MW

Michael Weber

Agent at RE/MAX Results

(952) 829-2900

Listed by RE/MAX Results · View on Broker Site

MLS# 7105569· Source: listhub· 1 day on market

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2121 13th Avenue S, Minneapolis, MN 55404

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