Property

Minneapolis, MN 55413 456 Buchanan Street NE

$519,000

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Presented By: Lifestyles
  • MLS# 7020244
  • 02/12/2026
  • Request Tour
  • Request Info
  • Beds • 6
  • Baths • 4
  • SQFT • 2,688
  • Garage • 5

Home Details

Classic four-unit property with Northeast character in a prime location near grocery stores, restaurants, breweries, and the University of Minnesota. All units are currently rented month-to-month with long-term tenants in place. The property includes two 2-bedroom units on the upper floor and two 1-bedroom units on the main level. Unit 1 was originally a neighborhood storefront during the Roaring ’20s, adding a colorful chapter of local history to the property.
Presented By: Lifestyles

Interior Features for 456 Buchanan Street NE

Bedrooms

Total Bedrooms6

Bathrooms

Total Baths4

Other Interior Features

Above Grade Finished Area2688
BasementOther
Basement (Y/N)No
Below Grade Finished Area
Foundation Dimensions48x28
FuelNatural Gas
Garage Square Feet750

General for 456 Buchanan Street NE

AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesCoin-op Laundry Owned
CityMinneapolis
Construction MaterialsFrame
ContingencyInspection
CountyHennepin
Directionssouthwest corner of Buchanan St NE and Spring St NE
Electric Expense500
Fuel Expense2769
Garage Spaces5
Gross Income48000
HeatingBoiler
High School DistrictMinneapolis
Insurance Expense2481
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area2688
Lot Size UnitsAcres
MaintenanceExpense1000
Net Operating Income29635
New ConstructionNo
Number Of Units Total4
Operating Expense18635
OwnerPaysGas, Insurance, Grounds Care, Repairs, Sewer, Trash Collection, Water
PostalCityMinneapolis
Property SubtypeFourplex
Property TypeResidential Income
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameRamsey Lockwood & Others Add St Anth
Tax Annual Amount8571
Tax Year2025
Tenant PaysBroadband, Cable TV, Electricity
Trash Expense2000
Water Sewer Expense2131
Year Built1910

Exterior for 456 Buchanan Street NE

Building Area Total4032
Foundation Area1344
Lot Dimensions39.30 X 131.00
Lot Size Area0.12
Parking FeaturesDetached Garage
Water SourceCity Water/Connected

Additional Details

Price History

John Wichmann

Agent
Price $519,000
MLS#7020244
List Date 02/12/2026
Property Type Contingent
Phone (612) 309-4749
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