1508 E 26th Street, Minneapolis, MN 55404
New Listing
$539,999
Property Type:
Multi-Family
Bedrooms:
12
Baths:
4
Square Footage:
3,124
Lot Size (sq. ft.):
4,792
Status:
Active
Current Price:
$539,999
List Date:
6/30/2026
Last Modified:
7/01/2026
Overview
Description
Listing Details MLS# 7101570
General Property Information
- Lot Measurement
- Square Feet
- Multiple PIDs?
- No
- Waterfront YN
- No
- Year Built
- 1913
- Yearly/Seasonal
- Yearly
- Main Floor Total SqFt
- 1562
- Above Ground SqFt
- 3124
- Total SqFt
- 3124
- Foundation Size
- 1562
- Lot Size SqFt
- 4792
- Style
- (MF) Duplex Other
- Total Finished Sqft
- 3124.00
- Lot Dimensions
- 84.5 x 58
- Assessment Pending
- No
- Below Grd Total SqFt
- 0
- Garage Stalls
- 0
Property Features
Accessible:
None
Basement:
Concrete Block; Unfinished
Construction Status:
Previously Owned
Exterior:
Stucco
Foundation:
Combination
Fuel:
Natural Gas
Heating:
Boiler; Steam
Lock Box Type:
Combo
Owner Pays:
Electricity; Fuel; Insurance; Lawn; Snow Removal; Taxes; Trash Collection
Parking Characteristics:
Assigned; Driveway - Shared; Uncovered/Open
Sewer:
City Sewer/Connected
Stories:
Two
Tenant Pays:
Cable TV; Electricity; Fuel
Unit 1 Amenities:
Deck
Unit 1 Appliances:
Cooktop; Freezer; Range; Refrigerator
Unit 1 Bath Description:
Main Floor Full Bath
Unit 1 Cooling:
Window
Unit 1 Dining Room Description:
Informal Dining Room; Separate/Formal Dining Rm
Unit 1 Special Search:
All Living Fac. on One Level
Water:
City Water/Connected
Contract Information
- Contingency
- None
- Original List Price
- 539999
- ListPrice
- 539999
- Owner is an Agent?
- Yes
- Auction?
- No
Location Tax and Other Information
- House Number
- 1508
- Street Direction Prefix
- E
- Street Name
- 26th
- Street Suffix
- Street
- Postal City
- Minneapolis
- County
- Hennepin
- State
- MN
- Zip Code
- 55404
- Complex/Dev/Subdivision
- Gales 1st Add
Assessments
- Tax With Assessments
- 9147
- Assessment Balance
- 0
Building Information
- Finished SqFt Above Ground
- 3124
More Information
Income and Expenses
- Annual Electric Expense
- 550
- Annual Fuel Expense
- 3000
- Annual Gross Expenses
- 11250
- Annual Gross Income
- 69600
- Annual Insurance Expense
- 3699.84
- Annual Water/Sewer Expense
- 4000
- Total Annual Expenses
- 11250
- Annual Caretaker Expense
- 0
- Annual Maintenance Expense
- 0
- Annual Repair Expense
- 0
- Annual Trash Expense
- 0
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- DP Resource
- Yes
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 24
- Section#
- 35
- Township#
- 29
Unit 1
- Furnished?
- No
- Leased?
- Yes
- Level
- Main Level
- Unit Number
- Yes
- Annual Rent
- 17400
- Finished SqFt
- 767
- Full Baths
- Yes
- Monthly Rent
- 1450
- No. of Units Like This
- 3
- Total Baths
- Yes
- Total Bedrooms
- 3
- Total Rooms
- 7
Unit 2
- Furnished?
- No
- Leased?
- Yes
- Unit Number
- 2
- Annual Rent
- 17400
- Finished SqFt
- 761
- Full Baths
- Yes
- Monthly Rent
- 1450
- No. of Units Like This
- Yes
- Total Baths
- Yes
- Total Bedrooms
- 3
- Total Rooms
- 7
Unit Details
- Total Units
- 4
Office/Member Info
- Association
- MAAR
Location, Tax and Other Information
- Legal Description
- LOT 006 BLOCK 016 GALES 1ST ADDN TO MPLS E 84.5 FT
- Listing City
- Minneapolis
- Map Page
- 106
- Municipality
- Minneapolis
- School District
- Minneapolis
- School District Phone
- 612-668-0000
- Zip Plus 4
- 3614
- Property ID Number
- 3502924130356
- Tax Year
- 2026
- Tax Amount
- 9147
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- Rare opportunity to own a well-maintained, turnkey fourplex in a desirable location! Whether you're looking to owner-occupy or expand your investment portfolio, this property offers exceptional value. Live in one unit while the rental income helps offset your mortgage and living expenses, or enjoy strong, consistent cash flow as a fully leased investment. The property has maintained 100% occupancy over the past year with outstanding tenants and currently generates $5,800 per month in rental income. Each unit features two bedrooms plus a bright front sunroom, offering the flexibility to use the space as a home office, nursery, or potential third bedroom. Recent updates include a new water heater, adding peace of mind for the next owner. Additional amenities include a private off-street parking lot, providing convenient parking for tenants. This is a rare opportunity to purchase a move-in, rent-ready fourplex with a proven rental history and excellent income potential.
- Directions
- Lake Street to Bloomington Ave, North to 26th Street, West to property
Accessible
- None
- Yes
Basement
- Concrete Block
- Yes
- Unfinished
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Stucco
- Yes
Foundation
- Combination
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Boiler
- Yes
- Steam
- Yes
Lock Box Type
- Combo
- Yes
Owner Pays
- Electricity
- Yes
- Fuel
- Yes
- Insurance
- Yes
- Lawn
- Yes
- Snow Removal
- Yes
- Taxes
- Yes
- Trash Collection
- Yes
Parking Characteristics
- Assigned
- Yes
- Driveway - Shared
- Yes
- Uncovered/Open
- Yes
Sewer
- City Sewer/Connected
- Yes
Stories
- Two
- Yes
Water
- City Water/Connected
- Yes
Tenant Pays
- Cable TV
- Yes
- Electricity
- Yes
- Fuel
- Yes
Unit 1 Amenities
- Deck
- Yes
Unit 1 Appliances
- Cooktop
- Yes
- Freezer
- Yes
- Range
- Yes
- Refrigerator
- Yes
Unit 1 Bath Description
- Main Floor Full Bath
- Yes
Unit 1 Cooling
- Window
- Yes
Unit 1 Dining Room Description
- Informal Dining Room
- Yes
- Separate/Formal Dining Rm
- Yes
Unit 1 Special Search
- All Living Fac. on One Level
- Yes
Listing Office:
Bridge Realty, LLC
Last Updated: July - 01 - 2026
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