4001 Mavelle Drive, Minneapolis, MN 55435
$2,750,000
Property Type:
Commercial
Lot Size (sq. ft.):
29,185
Status:
Active
Current Price:
$2,750,000
List Date:
12/17/2025
Last Modified:
5/27/2026
Listing Details MLS# 7000870
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Other Parking Spaces
- 12
- Owner Occupied
- No
- Year Built
- 1961
- Yearly/Seasonal
- Yearly
- Zoning
- Residential-Multi-Family
- Foundation Size
- 500
- Garage Stalls
- 12
- For Sale or Lease
- For Sale
- Acres
- 0.67
- Lot Dimensions
- Irregular
- Assessment Pending
- No
Property Features
Accessible:
No Stairs External
Air Conditioning:
Window Unit(s)
Amenities Shared:
Coin-op Laundry Owned
CMU Style:
Apartments/Multi Family
Construction Status:
Previously Owned
Current Use:
Residential
Exterior:
Brick/Stone
Foundation:
Slab
Fuel:
Electric; Natural Gas
Heating:
Baseboard; Boiler
On Site Utilities:
Electric Separate; Heating Common
Parking Characteristics:
Parking Lot
Rental License Type:
Standard
Sewer:
City Sewer/Connected
Water:
City Water/Connected
Contract Information
- Contingency
- None
- ListPrice
- 2750000
- Owner is an Agent?
- Yes
- Auction?
- No
Location Tax and Other Information
- House Number
- 4001
- Street Name
- Mavelle
- Street Suffix
- Drive
- Postal City
- Minneapolis
- County
- Hennepin
- State
- MN
- Zip Code
- 55435
- Complex/Dev/Subdivision
- Stows Edgemoor Add Blk 9 Rep
Assessments
- Tax With Assessments
- 28991
- Assessment Balance
- 0
Building Information
- Building Finished SqFt
- 15000
More Information
Income and Expenses
- Annual Gross Expenses
- 48991
- Annual Gross Income
- 189780
- Annual Net Income
- 140789
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 24
- Section#
- 31
- Township#
- 28
Sale Options
- Sale Includes
- Building, Land, Leases
Unit 2
- No. of 2 Bedroom Units
- 11
Unit Details
- Total Units
- 12
Unit Information
- No. of Efficiency Units
- Yes
Office/Member Info
- Association
- SPAAR
Location, Tax and Other Information
- Legal Description
- BLOCK 001 STOWS EDGEMOOR ADDN BLOCK 9 REPLAT THAT PART OF LOT 3 LYING N OF A LINE PAR WITH AND 37 FT S FROM MOST NLY LINE OF SAID LOT ALSO THAT PART OF LOT 4 LYING E OF W 130 FT THEREOF
- Listing City
- Edina
- Map Page
- 134
- Municipality
- Edina
- School District
- Edina
- School District Phone
- 952-848-3900
- Zip Plus 4
- 9601
- Property ID Number
- 3102824110083
- Tax Year
- 2025
- Tax Amount
- 28991
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- Tree-lined, classic 12-unit apartment building ideally tucked behind the Room & Board high-end furniture store and directly across from the renowned upscale Galleria Mall. The property features 11 spacious two-bedroom, one-bath units and one studio, all offering well-designed, open, and functional floor plans. Residents enjoy walking-distance access to numerous restaurants, shops, banks, Lunds & Byerlys, Whole Foods, Southdale Center, Cub Foods, and Target. Located just 10 minutes from downtown Minneapolis and the University of Minnesota, the property is also situated within the highly sought-after Edina School District. This property offers a quiet residential sanctuary in the heart of Edina, combining privacy with unmatched convenience. Each unit includes a private one-car detached garage plus one additional off-street parking space. Additional features include: Baseboard hot water radiant heat for consistent comfort Tenants pay electric Coin-operated laundry on site Located in Edina—one of the most affluent close-in suburbs of Minneapolis—the property presents future redevelopment potential, situated just half a block from the France Avenue commercial district, which includes hospitals, physician offices, and high-end shopping destinations. The property is zoned PRD-4, allowing for flexible higher-density multifamily development with commercial elements (buyer to verify with the City of Edina). 1031 Exchange property.
- Directions
- France Ave to 70th St to Mavelle Dr.
Accessible
- No Stairs External
- Yes
Air Conditioning
- Window Unit(s)
- Yes
Amenities Shared
- Coin-op Laundry Owned
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Brick/Stone
- Yes
Foundation
- Slab
- Yes
Fuel
- Electric
- Yes
- Natural Gas
- Yes
Heating
- Baseboard
- Yes
- Boiler
- Yes
Parking Characteristics
- Parking Lot
- Yes
Rental License Type
- Standard
- Yes
Sewer
- City Sewer/Connected
- Yes
Water
- City Water/Connected
- Yes
On Site Utilities
- Electric Separate
- Yes
- Heating Common
- Yes
CMU Style
- Apartments/Multi Family
- Yes
Current Use
- Residential
- Yes
Listing Office:
Sweet Home Realty, LLC
Last Updated: May - 27 - 2026
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