2549 11th Avenue S Minneapolis, MN 55404

$749,900
Active
estimated monthly payment
10 Beds  |  5 Baths  |  3,822 Sq Ft  |  Fourplex  |  MLS # 7149877
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About The Listing

Turnkey, 100% occupied four-plex delivering immediate cash flow in a prime Minneapolis location. Generating gross rental income of $6,548/month ($78,576 annualized), this high-performing property blends turn-of-the-century craftsmanship with major modern updates. Tenants enjoy a highly walkable neighborhood just blocks from Abbott Northwestern Hospital, Midtown Global Market, and top bike trails.
• The Space: 3,822 above-ground sq. ft. featuring soaring high ceilings and rich, natural woodwork.
• The Bonus: An additional 1,458 sq. ft. basement equipped with coin-operated laundry for extra revenue.
• The Portfolio: Located at 2549 11th Ave. S, Minneapolis, MN 55404, this property can be purchased individually or as a package with a side-by-side duplex at 566 & 568 37th Ave. NE (MLS 7149871).
Review the Offering Memorandum for full financial details.


Listing courtesy of Bradley Edlefsen, Edina Realty, Inc.
Purchase Price
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Property Details

Features

 
 
 
Property Type: Other
Status: Active
Contingency Type: None
Year Built: 1902
MLS #: 7149877
Bedrooms: 10
Square Feet: 3,822
Price Per Square Foot: $196
Garage Spaces: 0
Parking Description: Asphalt, Shared Driveway, Parking Lot, Open
Sewer Description: City Sewer/Connected
Water: City Water/Connected
Heat Type: Boiler
Basement: Block, Storage Space, Unfinished
Foundation Type: Block
Days On Market (Continuous): 0
Disability Features: None
Latest Update: 11/04/2026
List Date: 10/09/2026
Listing Agent ID: 502050229
Listing Office: Edina Realty, Inc.
Listing Office ID: 5875
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Laundry Features: In Basement, Common Area, Laundry Room
Exterior Features: Wood
Lot Dimensions: 42 x 127
Lot Size: 0.13 Acres
School District: Minneapolis
Tax Year: 2026
Estimated Taxes: $9,324
Contingency Type: None
City: Minneapolis
Zip: 55404
County: Hennepin
Subdivision: Elliotts Rgt Blks Brackett & Boveys
State: MN

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Listing last updated: 11/04/26

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