About This Home

This 12-bedroom, 4-bathroom residential multi family at 240 Hallam Avenue S in Mahtomedi, MN is listed for $800,000 ($184 per sqft). Built in 1985, the home offers 4,352 sqft of living space on a 1.14 acres lot.

Key Features

  • Built in 1985
  • 1.14 acre lot

Property Details

4 full
4-car garage
1985
Listing Description

Here's your chance to own 3 separate fourplexes in the highly desirable Mahtomedi School District. These buildings don't come a long very often. Very easy to rent 3bedroom and 1 bath units. 3 of the 4 units have been updated and are in excellent condition. New kitchens and baths. Long term owners have kept rents low and can be easily raised. Well cared for and managed. Quiet area with lots of green space. Tandem garage and decks for each unit.

Monthly Cost Estimate

$4,279/mo

20% down · 6.5% · 30 years

Principal$579
Interest$3,467
Insurance$233

Estimates only. Actual payments may vary.

Location

240 Hallam Avenue S

Mahtomedi, MN 55115

Mallard Shores

Property Details

Construction

Block

Parking

Garage

Heating

Forced Air

Questions & Answers

This 12-bedroom, 4-bathroom residential multi family at 240 Hallam Avenue S is listed at $800,000 ($184/sqft). The estimated monthly payment is $4,278 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1985, 1.14 acre lot.

This property is listed by Brigg Backer.

BB

Brigg Backer

Agent at Keller Williams Premier Realty

Listed by Keller Williams Premier Realty · Broker phone: (651) 379-5252 · View on Broker Site · Broker website

MLS# 7145431· Source: Northstar MLS· 47 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.

240 Hallam Avenue S, Mahtomedi, MN 55115

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