Minneapolis, MN 55407 4429 Portland Avenue

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Presented By: National Realty Guild
  • MLS# 6725446
  • 05/23/2025
  • Request Tour
  • Request Info
  • Beds • 8
  • Baths • 5
  • SQFT • 4,360
  • Garage • 2

Home Details

Prime Investment Opportunity in South Minneapolis! This fully occupied triplex is ideally located just steps from Minnehaha Trail, local coffee shops, and top restaurants. The property features 3 spacious units totaling 8 bedrooms and 5 bathrooms, with one unit currently on a month-to-month lease—offering flexibility for future plans. Highlights include beautiful hardwood floors throughout, a newly renovated basement unit, and a brand-new garage. A rare chance to own a turnkey income property in one of the city’s most walkable and desirable neighborhoods. Owner is the listing agent.
Presented By: National Realty Guild

Interior Features for 4429 Portland Avenue

Other Interior Features

Above Grade Finished Area3120
BasementFull, Partially Finished
Basement (Y/N)Yes
Below Grade Finished Area1240
FuelNatural Gas
Garage Dimensions22'x19'
Garage Square Feet418

General for 4429 Portland Avenue

AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesCoin-op Laundry Owned, Porch
CityMinneapolis
Construction MaterialsStucco
ContingencyNone
CountyHennepin
Directions35W to 46th St, S to Park, N to 44th to Portland Ave
Electric Expense
Fuel Expense
Garage Spaces2
Gross Income64800
HeatingBoiler, Fireplace(s), Hot Water
High School DistrictMinneapolis
Insurance Expense
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area4360
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
Number Of Units Total3
Operating Expense0
OwnerPaysInsurance, Repairs, Taxes
PostalCityMinneapolis
Property SubtypeTriplex
Property TypeResidential Income
RoofAsphalt, Pitched
SewerCity Sewer/Connected
Standard StatusActive
Tax Annual Amount8775
Tax Year2025
Tenant PaysCable TV, Electricity
Trash Expense0
Water Sewer Expense0
Year Built1931
Zoning DescriptionResidential-Multi-Family

Exterior for 4429 Portland Avenue

Building Area Total4680
Foundation Area1560
Lot Dimensions50x117
Lot FeaturesPublic Transit (w/in 6 blks), Some Trees
Lot Size Area0.13
Parking FeaturesAttached Garage
Road Frontage TypeCity Street, Curbs, Paved Streets
Water SourceCity Water/Connected

Additional Details

Price History

John Wichmann

Agent
Price $679,000
MLS#6725446
List Date 05/23/2025
Property Type Multi-Family
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