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4328 Lyndale Avenue S, Minneapolis, MN 55409

$724,900

The kind of upper-level residence tenants don’t leave. Recently renovated with extensive updates, beautiful finishes, and a layout that perfectly blends comfort, functionality, and charm. ?

Classic Minneapolis architecture below. A stunning 2025 renovation above. The remodeled upper-level residence brings modern style and long-term income together in one beautifully executed package. ?

Investment property… but make it beautiful. The second-floor residence was extensively remodeled in 2025 and now lives more like a thoughtfully designed home than a typical rental. ??

A duplex upper level rarely looks like this. Newly remodeled in 2025 with approximately $90K invested, this space offers elevated finishes, dedicated laundry, and classic Minneapolis charm throughout. ??

Freshly remodeled and full of character. The upper-level home underwent an extensive 2025 renovation, creating a warm, stylish space that feels far beyond a typical rental unit. ?

The newly renovated second-floor residence is proof that income property can still feel elevated. Thoughtful updates, beautiful natural light, dedicated laundry, and a lease already secured through 2027.

This isn’t your typical duplex upper level. Recently remodeled in 2025 with approximately $90,000 invested throughout, this residence blends timeless Minneapolis charm with fresh, modern living. ???

The kind of kitchen that makes an upper-level residence feel like home instead of a rental. Thoughtful finishes, great light, and a layout that just works. ???

A kitchen renovation done the right way — timeless finishes, thoughtful functionality, and a clean design that still feels warm and inviting. ?

Fresh, bright, and thoughtfully updated — this bathroom renovation perfectly complements the warmth and charm found throughout the home. ??

Every detail of this renovation was thoughtfully considered — including this beautifully refreshed bathroom blending classic character with modern style. ?

A little luxury tucked into the upper-level residence. Elegant updates and timeless design make this bath feel both fresh and enduring. ??

One of the most sought-after features in duplex living — dedicated in-unit laundry, thoughtfully added as part of the 2025 renovation. ?

Warm natural light, generous proportions, and timeless character create a bedroom that feels calm, inviting, and truly like home. ?

Welcoming front entry with classic architectural detail

Even the details tell a story. Original character, timeless craftsmanship, and hardware you simply don’t find in newer construction anymore. ?

A reminder of the era this home was built in — rich character and beautifully preserved details woven throughout every corner of the property. ??

Charming curb appeal just blocks from Lake Harriet

Main level-Well-designed kitchen with great workspace and storage

Functional kitchen with ample cabinet storage

Eat-in kitchen nook perfect for casual dining

Formal dining room with stunning original built-in buffet

Classic dining space featuring beautiful millwork and built-in storage

Thoughtful layout with great flow between living spaces

Well-maintained spaces ready for immediate occupancy

Classic South Minneapolis charm with large windows and open feel

Bright and inviting front living room filled with natural light

Full bathroom with classic finishes and natural light

Second bedroom ideal for guests, office, or flex space

Spacious bedroom with great natural light

4328 Lyndale Virtual stage bed, office, or kids room.png

Property Type: Multi-Family Bedrooms: 4 Baths: 3 Square Footage: 4,584 Lot Size (sq. ft.): 5,227 Status: Active

Current Price: $724,900 List Date: 3/27/2026 Last Modified: 6/28/2026

Overview

Description

First showing is for vacant main level only. 24-hour notice is needed to see the rest of the home. Rare owner-occupant opportunity just blocks from Lake Harriet with immediate occupancy and strong in-place rental income. Classic South Minneapolis duplex in the heart of East Harriet, just blocks from Lake Harriet, neighborhood restaurants, parks, and everyday amenities. The main floor unit is vacant and move-in ready, making it ideal for a buyer who wants immediate occupancy. The upper unit is exquisitely updated with dedicated laundry and leased through April 2027, providing stable income from day one. Upper unit remodel 2025-$90,000.00 The home also features well-appointed, updated finished lower-level space with a separate entrance, kitchen, bathroom, and living area, offering excellent flexibility for extended family, guests, or private owner-use space. Full of classic Minneapolis charm with hardwood floors, original millwork, and generous room sizes, thisduplex blends historic c ... (Read more)

Listing Details MLS# 7038859

General Property Information

Lot Measurement: Square Feet
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1919
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 3056
Above Ground SqFt: 3056
Below Grd Total SqFt: 1528
Total SqFt: 4584
Foundation Size: 1528
Lot Size SqFt: 5227
Style: (MF) Duplex Up and Down
Total Finished Sqft: 4584.00
Garage Stalls: 2
Lot Dimensions: 42x124
Assessment Pending: No

Property Features

Accessible: None Amenities Shared: Common Laundry Facility; Patio; Other Basement: Egress Windows; Full; Owner Access; Storage Space Construction Status: Previously Owned Exterior: Brick/Stone; Stucco Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler Laundry: Common Area; In Unit; Laundry Room; Lower Level Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Medium Owner Pays: Common Area Maintenance; Electricity; Exterior Maintenance; Grounds Care; Insurance; Lawn; Maintenance/Repair; Management; Pest Control; Repairs; Snow Removal; Trash Collection; Water Parking Characteristics: Driveway - Shared Road Frontage: City Street Sewer: City Sewer/Connected Stories: Two Tenant Pays: Broadband; Cable TV; Gas Unit 1 Appliances: Dishwasher; Disposal; Range; Refrigerator Unit 1 Bath Description: 3/4 Basement; Main Floor Full Bath Unit 1 Cooling: Window Unit 1 Dining Room Description: Eat In Kitchen; Separate/Formal Dining Rm Unit 2 Amenities: Balcony; Hardwood Floors; Kitchen Window; Sun Room Unit 2 Appliances: Dishwasher; Disposal; Dryer; Range; Refrigerator; Washer Unit 2 Bath Description: Main Floor Full Bath Unit 2 Cooling: Window Unit 2 Dining Room Description: Separate/Formal Dining Rm Unit 2 Family Room Characteristics: Family Room Unit 2 Special Search: All Living Fac. on One Level Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 749900
ListPrice: 724900
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 4328
Street Name: Lyndale
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55409
Complex/Dev/Subdivision: Remingtons 3rd Add

Assessments

Tax With Assessments: 11144
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 3056
Finished SqFt Below Ground: 1528

More Information

Income and Expenses

Annual Caretaker Expense: 6000
Annual Electric Expense: 2684
Annual Gross Expenses: 12095
Annual Gross Income: 59400
Annual Insurance Expense: 4960
Annual Net Income: 47305
Annual Repair Expense: 500
Annual Trash Expense: 560
Annual Water/Sewer Expense: 1679
Total Annual Expenses: 12095
Annual Fuel Expense: 0
Annual Maintenance Expense: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 484
Driveway - Shared: Yes

Public Survey Info

Range#: 24
Section#: 09
Township#: 28

Unit 1

Furnished?: No
Leased?: No
Unit Number: Yes
3/4 Baths: Yes
Finished SqFt: 1528
Full Baths: Yes
Monthly Rent: 2250
No. of Units Like This: Yes
Oth Parking Spaces: 2
Total Baths: 2
Total Bedrooms: 2
Total Rooms: 7

Unit 2

Furnished?: No
Lease Expiration Date: 2027-04-01
Leased?: Yes
Unit Number: 2
Annual Rent: 24000
Finished SqFt: 1528
Full Baths: Yes
Monthly Rent: 2000
No. of Units Like This: Yes
Oth Parking Spaces: 2
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 7

Unit Details

Total Units: 3

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 001 BLOCK 048 REMINGTONS 3RD ADDN TO MPLS
Listing City: Minneapolis
Map Page: 120
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 1120
Property ID Number: 0902824410189
Tax Year: 2026
Tax Amount: 11144
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: First showing is for vacant main level only. 24-hour notice is needed to see the rest of the home. Rare owner-occupant opportunity just blocks from Lake Harriet with immediate occupancy and strong in-place rental income. Classic South Minneapolis duplex in the heart of East Harriet, just blocks from Lake Harriet, neighborhood restaurants, parks, and everyday amenities. The main floor unit is vacant and move-in ready, making it ideal for a buyer who wants immediate occupancy. The upper unit is exquisitely updated with dedicated laundry and leased through April 2027, providing stable income from day one. Upper unit remodel 2025-$90,000.00 The home also features well-appointed, updated finished lower-level space with a separate entrance, kitchen, bathroom, and living area, offering excellent flexibility for extended family, guests, or private owner-use space. Full of classic Minneapolis charm with hardwood floors, original millwork, and generous room sizes, thisduplex blends historic character with strong income potential in one of the city’s most sought-afterneighborhoods.
Directions: From I-35W, take the 46th St exit and head west. Turn right (north) on Lyndale Ave S and continue to 4328 Lyndale Ave S. The property will be on the right-hand side. Alternate: From Lake St, head south on Lyndale Ave S to 4328 Lyndale Ave S. Property will be on the left.

Accessible

None: Yes

Amenities Shared

Common Laundry Facility: Yes
Patio: Yes
Other: Yes

Basement

Egress Windows: Yes
Full: Yes
Owner Access: Yes
Storage Space: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes
Stucco: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes

Laundry

Common Area: Yes
In Unit: Yes
Laundry Room: Yes
Lower Level: Yes

Lot Description

Public Transit (w/in 6 blks): Yes
Tree Coverage - Medium: Yes

Owner Pays

Common Area Maintenance: Yes
Electricity: Yes
Exterior Maintenance: Yes
Grounds Care: Yes
Insurance: Yes
Lawn: Yes
Maintenance/Repair: Yes
Management: Yes
Pest Control: Yes
Repairs: Yes
Snow Removal: Yes
Trash Collection: Yes
Water: Yes

Patio, Porch and Deck Features

Front Porch: Yes

Road Frontage

City Street: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Tenant Pays

Broadband: Yes
Cable TV: Yes
Gas: Yes

Unit 1 Appliances

Dishwasher: Yes
Disposal: Yes
Range: Yes
Refrigerator: Yes

Unit 1 Bath Description

3/4 Basement: Yes
Main Floor Full Bath: Yes

Unit 1 Cooling

Window: Yes

Unit 1 Dining Room Description

Eat In Kitchen: Yes
Separate/Formal Dining Rm: Yes

Unit 2 Amenities

Balcony: Yes
Hardwood Floors: Yes
Kitchen Window: Yes
Sun Room: Yes

Unit 2 Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Bath Description

Main Floor Full Bath: Yes

Unit 2 Cooling

Window: Yes

Unit 2 Dining Room Description

Separate/Formal Dining Rm: Yes

Unit 2 Family Room Characteristics

Family Room: Yes

Unit 2 Special Search

All Living Fac. on One Level: Yes

Listing Office: Keller Williams Realty Integrity Lakes

Last Updated: June - 28 - 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.