4525 4th Avenue S, Minneapolis, MN 55419

4525 4th Avenue S, Minneapolis, MN 55419

0 beds 0 baths 0 Sqft

Listings courtesy of Peritus Real Estate as distributed by MLS GRID.

Overview Neighborhood Amenities Price details

$1,025,000 Earn $20,500

44 days on Market

$1,025,000

Credit Back up to $20,500*

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Description:

Active - Other for sale

Well-maintained 8-unit brick apartment building located in the desirable Regina neighborhood within the Nokomis community of Minneapolis. Built in 1960, this two-story property offers 5,070 finished square feet and a highly rentable unit mix of seven 1-bedroom units and one studio/efficiency. Each unit features its own forced-air furnace, with residents paying their own heat — a major operational advantage that helps control owner expenses. The building also includes coin-operated laundry for additional income and convenient off-street parking for tenants. Solid brick construction, individual mechanical systems, and a straightforward unit mix make this a stable, easy-to-manage asset. The property is also an ideal candidate for enrollment in the Minneapolis 4d Affordable Housing Program, offering the potential for a reduced property tax rate in exchange for maintaining qualifying affordable rents. Situated in a strong South Minneapolis location near parks, shopping, transit, and major corridors, this property appeals to long-term renters seeking convenience and neighborhood charm. Excellent opportunity for investors seeking steady cash flow with additional upside through tax optimization. Owner is a licensed agent but not the listing agent.

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Listing Agent:

- Brokered by: Peritus Real Estate

- Source: Northstar MLS as distributed by MLS GRID

- MLS Number: 7028179

- MLS Last Updated: Mar 25, 2026 at 08:36pm EDT

Location

* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.

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Facts and features:

Appliances: Range, Refrigerator

Current Use: Residential

Furnished: Unfurnished

Lot Features: Tree Coverage - Light

Status: Active

Listed Date: 03/10/2026

Days On Market: 44

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Structure:

Parking Total: 1

Year Built: 1960

Flooring: Carpet, Wood

Heating: Forced Air

Roof: Age 8 Years Or Less, Pitched

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Utilities:

Sewer: City Sewer/Connected

Utilities: Electric Separate, Heating Separate, Hot Water Common

WaterSource: City Water/Connected

Tax:

Parcel Number: 1002824440166

Location:

Subdivision Name: F A Savages Portland Ave Add

Score:

-minneapolis-for-sale-4525 4th avenue s, minneapolis, mn 55419-NSTR7028179

Mortgage All cash

Monthly expenses $7,522

Property Tax $965

HOA Fee $0

Homeowners Insurance $273

Due at Close $989,125

List price $1,025,000

Closing costs $15,375

beycome Credit Est. $20.5K

Disclaimer

Based on information submitted to the MLS GRID as of Mar 25, 2026 at 08:36pm EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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