Property Listing
Description
WOW! A newer-construction four-unit near the University of Minnesota is a rare find. Built in 2008, this townhome-style property features four spacious units, each offering 5 bedrooms and 3 bathrooms—an ideal layout that continues to see strong rental demand. Modern construction, functional floor plans, and generous unit sizes make this opportunity stand out from typical multi-family options. This property is so sought after it has never seen any vacancy since it was built! Over 16 years with no vacancy! Tenants pay all utilities with trash billed back by the owner, helping simplify expense management. Fee-based off-street parking is available in the adjacent lot, providing convenient parking flexibility. Whether you are seeking an owner-occupant opportunity with income potential or a strong addition to an investment portfolio, this property checks the boxes. Newer four-plex properties in this location rarely become available, making this a unique chance to secure a high-demand multi-family asset with lasting appeal.
Property Information
Status: Active
Sub Type: ********
List Price: $1,500,000
MLS#: 7024189
Current Price: $1,500,000
Address: 1217 Yale Avenue SE, Minneapolis, MN 55414
City: Minneapolis
State: MN
Postal Code: 55414
Geo Lat: 44.966383
Geo Lon: -93.220938
Subdivision: Meeker Island Land & Power Co Add Rev
County: Hennepin
Property Description
Year Built: 2008
Lot Size SqFt: 6534
Gen Tax: 20991
Specials Inst: 0
High School: Minneapolis
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Total SqFt.: 5520
Style: Array
Total Bedrooms: 20
Total Bathrooms: 12
Total Full Baths:
Garage Type:
Garage Stalls: 0
Waterfront:
Property Features
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