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2708 Xylon Avenue N, Minneapolis, MN 55427

$550,000

Renovated Unit #1 (shown without Tenant property)

Representative Two bedroom unit (without tenant property)

Property Type: Multi-Family Bedrooms: 7 Baths: 4 Square Footage: 3,300 Lot Size (sq. ft.): 14,810 Status: Active

Current Price: $550,000 List Date: 1/27/2026 Last Modified: 6/26/2026

Overview

Description

Rarely available turn-key 4 plex features 3 - 2 bed units and 1 - 1 bed unit! Fully occupied and ready for its next owner. Featuring many updates throughout, this is the opportunity you've been waiting for to add to your portfolio!

Listing Details MLS# 7012913

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1963
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1650
Above Ground SqFt: 1650
Below Grd Total SqFt: 1650
Total SqFt: 3300
Foundation Size: 1650
Style: (MF) Four Plex
Total Finished Sqft: 3300.00
Power Company: Xcel Energy
Lot Dimensions: 99 x 150
Acres: 0.34
Assessment Pending: No
Garage Stalls: 0

Property Features

Accessible: None Amenities Shared: Common Laundry Facility Construction Materials: Brick Construction Status: Previously Owned Exterior: Brick/Stone Fencing: Partial Foundation: Slab Fuel: Natural Gas Heating: Boiler Laundry: Laundry Room; Lower Level Lock Box Type: Combo Owner Pays: Gas; Sewer; Trash Collection; Water Parking Characteristics: Paved Lot Pool Description: None Rental License Type: Standard Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age Over 8 Years Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: Two Tenant Pays: Cable TV; Electricity Unit 1 Amenities: Open Floor Plan Unit 1 Appliances: Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Wall Unit 1 Dining Room Description: Informal Dining Room Unit 1 Special Search: All Living Fac. on One Level Unit 2 Amenities: Open Floor Plan Unit 2 Appliances: Range; Refrigerator Unit 2 Bath Description: Main Floor Full Bath Unit 2 Cooling: Wall Unit 2 Dining Room Description: Informal Dining Room Unit 2 Special Search: All Living Fac. on One Level Unit 3 Amenities: Open Floor Plan Unit 3 Appliances: Range; Refrigerator Unit 3 Bath Description: Main Floor Full Bath Unit 3 Cooling: Wall Unit 3 Dining Room Description: Informal Dining Room Unit 3 Special Search: All Living Fac. on One Level Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 625000
ListPrice: 550000
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: 2708
Street Name: Xylon
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55427
Complex/Dev/Subdivision: Twin Terra Linda

Assessments

Tax With Assessments: 10362
Assessment Balance: 0
Assessment Installment: 0

Building Information

Finished SqFt Above Ground: 1650
Finished SqFt Below Ground: 1650

More Information

Income and Expenses

Annual Fuel Expense: 2160
Annual Gross Income: 17720
Annual Trash Expense: 2152.98
Annual Water/Sewer Expense: 1560
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Gross Expenses: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Total Annual Expenses: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 21
Section#: 19
Township#: 118

Unit 1

Furnished?: No
Lease Expiration Date: 2026-03-31
Leased?: Yes
Level: 2nd Level
Unit Number: Yes
Annual Rent: 13800
Finished SqFt: 650
Full Baths: Yes
Monthly Rent: 1150
No. of Units Like This: 2
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 5

Unit 2

Furnished?: No
Lease Expiration Date: 2026-03-31
Leased?: Yes
Level: Main Level
Unit Number: 2
Annual Rent: 14400
Finished SqFt: 650
Full Baths: Yes
Monthly Rent: 1200
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 5

Unit 3

Furnished?: No
Lease Expiration Date: 2026-03-31
Leased?: Yes
Level: Main Level
Unit Number: 3
Annual Rent: 11400
Finished SqFt: 400
Full Baths: Yes
Monthly Rent: 950
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 4

Unit Details

Total Units: 4

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 002 BLOCK 003 TWIN TERRA LINDA
Listing City: New Hope
Map Page: 91
Municipality: New Hope
School District: Robbinsdale
School District Phone: 763-504-8000
Zip Plus 4: 1934
Property ID Number: 1911821440050
Tax Year: 2026
Tax Amount: 10362
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Rarely available turn-key 4 plex features 3 - 2 bed units and 1 - 1 bed unit! Fully occupied and ready for its next owner. Featuring many updates throughout, this is the opportunity you've been waiting for to add to your portfolio!
Directions: Take 169 N to 27th Ave N, turn right, make a left onto Xylon Ave N. Property is on the right.

Accessible

None: Yes

Amenities Shared

Common Laundry Facility: Yes

Construction Materials

Brick: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes

Fencing

Partial: Yes

Foundation

Slab: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes

Laundry

Laundry Room: Yes
Lower Level: Yes

Lock Box Type

Combo: Yes

Owner Pays

Gas: Yes
Sewer: Yes
Trash Collection: Yes
Water: Yes

Parking Characteristics

Paved Lot: Yes

Patio, Porch and Deck Features

Front Porch: Yes

Pool Description

None: Yes

Rental License Type

Standard: Yes

Road Frontage

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age Over 8 Years: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

No. of Ranges

Four: Yes

No. of Refrigerators

Four: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes

Unit 1 Amenities

Open Floor Plan: Yes

Unit 1 Appliances

Range: Yes
Refrigerator: Yes

Unit 1 Bath Description

Main Floor Full Bath: Yes

Unit 1 Cooling

Wall: Yes

Unit 1 Dining Room Description

Informal Dining Room: Yes

Unit 1 Special Search

All Living Fac. on One Level: Yes

Unit 2 Amenities

Open Floor Plan: Yes

Unit 2 Appliances

Range: Yes
Refrigerator: Yes

Unit 2 Bath Description

Main Floor Full Bath: Yes

Unit 2 Cooling

Wall: Yes

Unit 2 Dining Room Description

Informal Dining Room: Yes

Unit 2 Special Search

All Living Fac. on One Level: Yes

Unit 3 Amenities

Open Floor Plan: Yes

Unit 3 Appliances

Range: Yes
Refrigerator: Yes

Unit 3 Bath Description

Main Floor Full Bath: Yes

Unit 3 Cooling

Wall: Yes

Unit 3 Dining Room Description

Informal Dining Room: Yes

Unit 3 Special Search

All Living Fac. on One Level: Yes

Documents

2708 Xylon Improvements.pdf ›

2708 Xylon Ave N - Disclosure Statement ›

Listing Office: Gold Group Realty, LLC

Last Updated: June - 26 - 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.