3942 Sheridan Avenue S, Minneapolis, MN 55410 (MLS# 7141605)

3942 Sheridan Avenue S, Minneapolis, MN 55410

$1,095,000
Property Type: Multi-Family Bedrooms: 9 Baths: 4 Square Footage: 4,564 Lot Size (sq. ft.): 3,049 Status: Active
Current Price: $1,095,000 List Date: 9/22/2026 Last Modified: 10/11/2026

Overview

Description

Highly sought after 4-plex in Linden Hills. 2 blocks from Lake Harriet, 2 blocks from Lake Bde Maka Ska and walking distances to downtown Linden Hills. Only available after 22 years. Three-2 bedroom, one bath units and one 3-bedroom 1 bath unit. Updated kitchens and bathrooms while keeping the character of the 1920's. 3 of the 4 units have amazing decks, some screened in where tenants can sit and listen to music from the Lake Harriet bandshell. Three of the four units are fully furnished long term and short term rentals. Agent is owner.

Listing Details MLS# 7141605

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1908
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1200
Above Ground SqFt
3486
Below Grd Total SqFt
1078
Total SqFt
4564
Foundation Size
3135
Style
(MF) Four Plex
Total Finished Sqft
4564.00
Power Company
Xcel Energy
Lot Dimensions
33.5 X 93.6
Acres
0.07
Assessment Pending
No

Property Features

Accessible: None Amenities Shared: Coin-op Laundry Owned; Deck; Patio; Porch Basement: Egress Windows; Full Construction Status: Previously Owned Exterior: Cement Board Foundation: Concrete Block Fuel: Natural Gas Heating: Hot Water Laundry: In Basement Lot Description: Corner Lot; Tree Coverage - Light Owner Pays: Fuel; Taxes Parking Characteristics: Off Site; Paved Lot; Other Rental License Type: Airbnb; Standard Road Frontage: City Street Roof: Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Tenant Pays: Electricity Unit 1 Amenities: Patio; Porch Unit 1 Appliances: Stainless Steel Appliances; Cooktop; Dishwasher; Exhaust Fan/Hood; Freezer; Microwave; Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Ductless Mini-Split Unit 1 Dining Room Description: Separate/Formal Dining Rm Unit 1 Family Room Characteristics: Main Level Unit 1 Special Search: All Living Fac. on One Level Unit 2 Amenities: Deck; Patio Unit 2 Appliances: Stainless Steel Appliances; Cooktop; Dishwasher; Exhaust Fan/Hood; Freezer; Microwave; Range; Refrigerator Unit 2 Bath Description: Main Floor Full Bath Unit 2 Cooling: Ductless Mini-Split Unit 2 Dining Room Description: Separate/Formal Dining Rm Unit 2 Family Room Characteristics: Main Level Unit 2 Special Search: All Living Fac. on One Level Unit 3 Amenities: Deck; Patio Unit 3 Appliances: Stainless Steel Appliances; Cooktop; Dishwasher; Exhaust Fan/Hood; Freezer; Microwave; Range; Refrigerator Unit 3 Bath Description: Main Floor Full Bath Unit 3 Cooling: Central Unit 3 Family Room Characteristics: Main Level Unit 3 Special Search: All Living Fac. on One Level Unit 4 Appliances: Stainless Steel Appliances; Cooktop; Dishwasher; Exhaust Fan/Hood; Freezer; Microwave; Range; Refrigerator Unit 4 Bath Description: Main Floor Full Bath Unit 4 Cooling: Ductless Mini-Split Unit 4 Dining Room Description: Separate/Formal Dining Rm Unit 4 Family Room Characteristics: Main Level Unit 4 Special Search: All Living Fac. on One Level Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
1150000
ListPrice
1095000
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
3942
Street Name
Sheridan
Street Suffix
Avenue
Street Direction Suffix
S
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55410

Assessments

Tax With Assessments
12971

Basement

Foundation Dimensions
33.5x93.6

More Information

Building Information

Finished SqFt Above Ground
3486
Finished SqFt Below Ground
1078

Income and Expenses

Annual Electric Expense
2504
Annual Fuel Expense
4497
Annual Gross Expenses
3754
Annual Gross Income
97999
Annual Water/Sewer Expense
3381

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Unit 1

Furnished?
Yes
Leased?
No
Level
Main Level
Unit Number
Yes
Annual Rent
30000
Finished SqFt
1268
Full Baths
Yes
Monthly Expense
250
Monthly Rent
2500
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit 2

Furnished?
Yes
Leased?
No
Level
2nd Level
Unit Number
2
Annual Rent
30000
Finished SqFt
1268
Full Baths
Yes
Monthly Expense
250
Monthly Rent
2500
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit 3

Furnished?
No
Leased?
No
Level
3rd Level
Unit Number
3
Annual Rent
26400
Finished SqFt
1200
Full Baths
Yes
Monthly Expense
250
Monthly Rent
2200
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
3
Total Rooms
5

Unit 4

Furnished?
No
Lease Expiration Date
2027-03-31
Leased?
Yes
Level
Below Ground
Unit Number
4
3/4 Baths
Yes
Annual Rent
19140
Finished SqFt
1078
Monthly Expense
100
Monthly Rent
1595
No. of Units Like This
Yes
Oth Parking Spaces
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit Details

Total Units
4
IDX
Listing Office: BB Realty, LLC
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.
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