About This Home

This 12-bedroom, 6-bathroom residential multi family at 2121 13th Avenue S in Minneapolis, MN is listed for $634,000 ($114 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, with a significant property tax savings 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 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 high efficiency boilers, and water heaters-helping minizine future maintenance expenses.

Inside, three of the four units recently received new flooring and paint throughout. 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

$3,391/mo

20% down · 6.5% · 30 years

Principal$459
Interest$2,747
Insurance$185

Estimates only. Actual payments may vary.

Location

2121 13th Avenue S

Minneapolis, MN 55404

Eliots Add

Property Details

Heating

OilBaseboard

Questions & Answers

This 12-bedroom, 6-bathroom residential multi family at 2121 13th Avenue S is listed at $634,000 ($114/sqft). The estimated monthly payment is $3,391 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.11 acre lot.

This property is listed by Michael Weber.

MW

Michael Weber

Agent at RE/MAX Results

Listed by RE/MAX Results · Broker phone: (952) 829-2900 · View on Broker Site · Broker website

MLS# 7105569· Source: Northstar MLS· 102 days on PropertySimple

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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