2224 4th Avenue N, Minneapolis, MN 55405 (MLS# 6739435)

2224 4th Avenue N, Minneapolis, MN 55405

$260,000
Property Type: Multi-Family Bedrooms: 5 Baths: 2 Square Footage: 3,839 Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $260,000 List Date: 7/07/2025 Last Modified: 10/11/2026

Overview

Description

This property offers the ideal opportunity for those seeking the best of city living with the added benefit of rental income. Located in a vibrant neighborhood just minutes from downtown, close to Theodore Wirth Park with 759 acres of park lake and the local farmer's market.

Listing Details MLS# 6739435

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1900
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
945
Above Ground SqFt
2894
Below Grd Total SqFt
945
Total SqFt
3839
Foundation Size
959
Style
(MF) Duplex Up and Down
Total Finished Sqft
1934.00
Acres
0.11
Assessment Pending
No

Property Features

Accessible: None Basement: Concrete Block; Full Construction Status: Previously Owned Electric: Circuit Breakers Exterior: Stucco Foundation: Brick/Mortar Fuel: Natural Gas Heating: Forced Air Laundry: In Basement Lock Box Type: Combo Road Frontage: City Street Road Responsibility: Public Maintained Road Sewer: City Sewer/Connected Stories: Two Unit 1 Amenities: Porch Unit 1 Appliances: Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath Unit 2 Appliances: Range; Refrigerator Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
350000
ListPrice
260000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
2224
Street Name
4th
Street Suffix
Avenue
Street Direction Suffix
N
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55405

Assessments

Tax With Assessments
5500

Building Information

Finished SqFt Above Ground
1934

More Information

Income and Expenses

Annual Electric Expense
1200
Annual Fuel Expense
2400
Annual Gross Expenses
7600
Annual Gross Income
28200
Annual Insurance Expense
2500
Annual Net Income
20600

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
MAAR

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
20
Township#
29

Unit 1

Furnished?
No
Leased?
Yes
Unit Number
Yes
Annual Rent
12000
Full Baths
Yes
Monthly Rent
1000
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
6

Unit 2

Furnished?
No
Leased?
No
Level
2nd Level
Unit Number
2
Annual Rent
15000
Finished SqFt
945
Full Baths
Yes
Monthly Rent
1250
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
3
Total Rooms
6

Unit Details

Total Units
2
IDX
Listing Office: Edina Realty, Inc.
Last Updated: October - 11 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.