2524 Jackson Street NE, Minneapolis, MN 55418

New Listing
$699,900
Property Type: Multi-Family Bedrooms: 7 Baths: 5 Square Footage: 4,400 Lot Size (sq. ft.): 8,276 Status: Coming Soon
Current Price: $699,900 List Date: 7/01/2026 Last Modified: 7/02/2026

Overview

Description

Impeccably renovated, turnkey fourplex in the Holland neighborhood of Northeast Minneapolis, 100% leased and in immaculate condition. Three of the four units carry high-end finishes from a full 2016 renovation: hardwood floors, updated kitchens, and newer furnaces and water heaters. The showpiece is a two-level, premium top floor 3-bed/2-bath unit with its own central A/C, a flexible upper-level loft (home office, den or lounge), a heated-tile bathroom, a shared deck on the main level and a private balcony on the upper level. Every unit is separately metered, including the unfinished lower level; tenants pay their own electric and gas, owner covers water, sewer and trash. Shared front porch and rear deck, on-site coin laundry, off-street parking, and unbilled basement storage. The upside is real. In-place rents sit under market with leases rolling through 2026, the two 1-beds convert easily to 2-beds, with all units being separately-metered including the lower level which already has ...

Listing Details MLS# 7097885

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1891
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1100
Above Ground SqFt
3300
Below Grd Total SqFt
1100
Total SqFt
4400
Foundation Size
1100
Style
(MF) Four Plex
Total Finished Sqft
3300.00
Lot Dimensions
46’x182’
Acres
0.19
Assessment Pending
No
Garage Stalls
0

Property Features

Accessible: None Amenities Shared: Coin-op Laundry Owned; Common Laundry Facility; Deck; Patio; Porch Basement: Full Construction Materials: Frame Construction Status: Previously Owned Electric: 100 Amp Service; Circuit Breakers Exterior: Stucco Fencing: None Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: Common Area; In Basement; Sink Lock Box Type: Combo Owner Pays: Sewer; Trash Collection; Water Parking Characteristics: Parking Lot; Driveway - Shared Pool Description: None Rental License Type: Standard Roof: Asphalt Shingles; Pitched Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Tenant Pays: Electricity; Gas; Heat Unit 1 Amenities: Balcony; Ceiling Fan(s); Deck; Hardwood Floors; Kitchen Center Island; Tile Floors Unit 1 Appliances: Dishwasher; Microwave; Range; Refrigerator Unit 1 Cooling: Central Unit 2 Cooling: Window Unit 3 Appliances: Dishwasher; Range; Refrigerator Unit 3 Cooling: Window Unit 4 Appliances: Dishwasher; Range; Refrigerator Unit 4 Cooling: Window Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
699900
ListPrice
699900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
2524
Street Name
Jackson
Street Suffix
Street
Street Direction Suffix
NE
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55418
Complex/Dev/Subdivision
Menages Sup To East Side Add

Assessments

Tax With Assessments
10763
Assessment Balance
0

Building Information

Finished SqFt Above Ground
3300

More Information

Income and Expenses

Annual Electric Expense
823
Annual Fuel Expense
80
Annual Gross Expenses
35009
Annual Gross Income
66120
Annual Maintenance Expense
265
Annual Net Income
31111
Annual Repair Expense
8283
Annual Trash Expense
1881
Annual Water/Sewer Expense
3272
Total Annual Expenses
35009
Annual Caretaker Expense
0
Annual Insurance Expense
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
11
Township#
29

Unit 1

Furnished?
No
Lease Expiration Date
2027-03-31
Leased?
Yes
Level
2nd Level
Unit Number
Yes
Annual Rent
22980
Finished SqFt
1200
Full Baths
2
Monthly Expense
729
Monthly Rent
1915
No. of Units Like This
Yes
Total Baths
2
Total Bedrooms
3
Total Rooms
6

Unit 2

Furnished?
No
Lease Expiration Date
2026-08-31
Leased?
Yes
Level
Main Level
Unit Number
2
Annual Rent
14880
Finished SqFt
700
Full Baths
Yes
Monthly Expense
729
Monthly Rent
1240
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
4

Unit 3

Furnished?
No
Lease Expiration Date
2026-09-30
Leased?
Yes
Level
Main Level
Unit Number
3
Annual Rent
15180
Finished SqFt
700
Full Baths
Yes
Monthly Expense
729
Monthly Rent
1265
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
4

Unit 4

Furnished?
No
Lease Expiration Date
2026-09-30
Leased?
Yes
Level
2nd Level
Unit Number
4
Annual Rent
13080
Finished SqFt
700
Full Baths
Yes
Monthly Expense
729
Monthly Rent
1090
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
4

Unit Details

Total Units
4

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
LOT 007 BLOCK 020 MENAGES SUP TO EAST SIDE ADDN TO MPLS
Listing City
Minneapolis
Map Page
92
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
3626
Property ID Number
1102924140079
Tax Year
2026
Tax Amount
9933
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Impeccably renovated, turnkey fourplex in the Holland neighborhood of Northeast Minneapolis, 100% leased and in immaculate condition. Three of the four units carry high-end finishes from a full 2016 renovation: hardwood floors, updated kitchens, and newer furnaces and water heaters. The showpiece is a two-level, premium top floor 3-bed/2-bath unit with its own central A/C, a flexible upper-level loft (home office, den or lounge), a heated-tile bathroom, a shared deck on the main level and a private balcony on the upper level. Every unit is separately metered, including the unfinished lower level; tenants pay their own electric and gas, owner covers water, sewer and trash. Shared front porch and rear deck, on-site coin laundry, off-street parking, and unbilled basement storage. The upside is real. In-place rents sit under market with leases rolling through 2026, the two 1-beds convert easily to 2-beds, with all units being separately-metered including the lower level which already has a finished bathroom plus its own furnace and water heater, needing only a kitchen to become a 5th unit, taking the building from 7 bedrooms to as many as 10. One unit is opening up now, a rare chance for an owner-occupant to move in. Walk to Central Ave, breweries, galleries and restaurants. See it in person.
Directions
From Lowry Ave NE, head south on Jackson St NE to 2524, on the 2500 block between 25th and 26th Ave NE.

Accessible

None
Yes

Amenities Shared

Coin-op Laundry Owned
Yes
Common Laundry Facility
Yes
Deck
Yes
Patio
Yes
Porch
Yes

Basement

Full
Yes

Construction Materials

Frame
Yes

Construction Status

Previously Owned
Yes

Electric

100 Amp Service
Yes
Circuit Breakers
Yes

Exterior

Stucco
Yes

Fencing

None
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Laundry

Common Area
Yes
In Basement
Yes
Sink
Yes

Lock Box Type

Combo
Yes

Owner Pays

Sewer
Yes
Trash Collection
Yes
Water
Yes

Parking Characteristics

Parking Lot
Yes
Driveway - Shared
Yes

Patio, Porch and Deck Features

Deck
Yes
Porch
Yes

Pool Description

None
Yes

Rental License Type

Standard
Yes

Roof

Asphalt Shingles
Yes
Pitched
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Water

City Water/Connected
Yes

No. of Ranges

Four
Yes

No. of Refrigerators

Four
Yes

Tenant Pays

Electricity
Yes
Gas
Yes
Heat
Yes

Unit 1 Amenities

Balcony
Yes
Ceiling Fan(s)
Yes
Deck
Yes
Hardwood Floors
Yes
Kitchen Center Island
Yes
Tile Floors
Yes

Unit 1 Appliances

Dishwasher
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes

Unit 1 Cooling

Central
Yes

Unit 2 Cooling

Window
Yes

Unit 3 Appliances

Dishwasher
Yes
Range
Yes
Refrigerator
Yes

Unit 3 Cooling

Window
Yes

Unit 4 Appliances

Dishwasher
Yes
Range
Yes
Refrigerator
Yes

Unit 4 Cooling

Window
Yes
IDX
Listing Office: MRG Realty Partners, LLC
Last Updated: July - 02 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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