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444-446 Madison Street NE, Minneapolis, MN 55413

New Listing

$885,000

Italianate architecture- a gem in the heart of NE Minneapolis

Virtual Tour

https://tour.pivo.app/view/mls/5035e21c-6510-4fc3-96ad-fa8ff9dbd182

UNIT 1 - exposed brick pillar, hardwood floors

UNIT 1 - full brick fireplace behind the couch

UNIT 1- separate dining area with doorway to bedroom

UNIT 1- alternate dining room view with look into a bedroom, beautiful chandelier

UNIT 2- spacious eat-in kitchen, exposed brick pillar

UNIT 4- Marketing & rented as a 2 BR but this bedroom is used as a living area.

Upper level rear porch, shared by Units 2 & 3, with stairway access to backyard parking, private entry to each unit.

Main level rear porch with access to shared basement, secured entry to each unit, access to backyard parking area.

Full size basement, updated plumbing, gas water heaters

Basement includes washer/dryer (free) for Unit #1

3 individual garage stalls- currently assigned based on tenant seniority for no fee.

Large parking area between dwelling and garage. Parking for up to 5 cars.

Property Type: Multi-Family Bedrooms: 8 Baths: 4 Square Footage: 5,716 Lot Size (sq. ft.): 6,534 Status: Coming Soon

Current Price: $885,000 List Date: 7/10/2026 Last Modified: 7/11/2026

Overview

Description

Gorgeous Italianate building in the heart of Northeast with exceedingly-low vacancy rate (less than 30 days of vacancy between all units in the past 16 years). Hardwood floors, exposed brick, stained glass, and beautiful architecture create beautiful homes for your tenants. Private laundry in 3 units, large kitchens, front porch, shared rear porches, plenty of off-street parking, and secured storage rooms for each unit make this an excellent opportunity for investors who want steady rental income.

Listing Details MLS# 7105425

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1888
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1880
Above Ground SqFt: 3560
Below Grd Total SqFt: 2156
Total SqFt: 5716
Foundation Size: 2156
Style: (MF) Four Plex
Total Finished Sqft: 3560.00
Garage Stalls: 3
Lot Dimensions: 52 x 129.5
Acres: 0.15
Assessment Pending: No

Property Features

Accessible: None Amenities Shared: Porch Assumable Loan: Not Assumable Basement: Owner Access; Shared Access; Storage Space; Storage/Locker; Unfinished Construction Materials: Frame Construction Status: Previously Owned Electric: 100 Amp Service; Circuit Breakers Exterior: Stucco Fencing: None Foundation: Stone Fuel: Natural Gas Heating: Forced Air; Radiator Internet Options: Cable Laundry: Electric Dryer Hookup; Gas Dryer Hookup; In Basement; In Unit Lot Description: Public Transit (w/in 6 blks) Owner Pays: Exterior Maintenance; Lawn; Maintenance/Repair; Sewer; Snow Removal; Taxes; Trash Collection; Water Pool Description: None Rental License Type: Standard Road Frontage: City Street; Curbs; No Outlet/Dead End; Sidewalks Road Responsibility: Public Maintained Road Roof: Flat; Rubber Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Stories: Two Tenant Pays: Cable TV; Electricity; Gas Unit 1 Amenities: Cable; Ceiling Fan(s); Hardwood Floors; Kitchen Window; Porch Unit 1 Appliances: Chandelier; Stainless Steel Appliances; Dishwasher; Exhaust Fan/Hood; Microwave; Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Central Unit 1 Dining Room Description: Separate/Formal Dining Rm Unit 1 Fireplace Char: Brick; Living Room Unit 1 Special Search: Main Floor Bedroom; Main Floor Primary Unit 2 Amenities: Cable; Ceiling Fan(s); Hardwood Floors; Kitchen Window; Porch; Washer/Dryer Hookup Unit 2 Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Unit 2 Bath Description: Main Floor 3/4 Bath Unit 2 Cooling: Window Unit 2 Dining Room Description: Eat In Kitchen Unit 2 Special Search: All Living Fac. on One Level Unit 3 Amenities: Cable; Ceiling Fan(s); Hardwood Floors; Washer/Dryer Hookup Unit 3 Appliances: Dishwasher; Dryer; Exhaust Fan/Hood; Microwave; Range; Refrigerator; Washer Unit 3 Bath Description: Main Floor Full Bath Unit 3 Cooling: Window Unit 3 Special Search: All Living Fac. on One Level Unit 4 Amenities: Cable; Ceiling Fan(s); French Doors; Hardwood Floors; Porch; Washer/Dryer Hookup Unit 4 Appliances: Stainless Steel Appliances; Dishwasher; Dryer; Exhaust Fan/Hood; Microwave; Range; Refrigerator; Washer Unit 4 Bath Description: Main Floor 3/4 Bath Unit 4 Cooling: Central Unit 4 Special Search: All Living Fac. on One Level Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 885000
ListPrice: 885000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 444-446
Street Name: Madison
Street Suffix: Street
Street Direction Suffix: NE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55413
Complex/Dev/Subdivision: Sibley Add To St Anth

Assessments

Tax With Assessments: 11187
Assessment Balance: 0
Assessment Installment: 0

Basement

Foundation Dimensions: 54 x 40
Owner Access: Yes
Shared Access: Yes
Storage Space: Yes
Storage/Locker: Yes
Unfinished: Yes

More Information

Building Information

Finished SqFt Above Ground: 3560

Income and Expenses

Annual Caretaker Expense: 1320
Annual Gross Expenses: 22515
Annual Gross Income: 85860
Annual Insurance Expense: 4008
Annual Maintenance Expense: 1200
Annual Net Income: 70473
Annual Repair Expense: 600
Annual Trash Expense: 2205
Annual Water/Sewer Expense: 1995
Total Annual Expenses: 11328
Annual Electric Expense: 0
Annual Fuel Expense: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 30 x 20
Garage Door Height: 7
Garage Door Width: 9
Garage Square Feet: 600

Public Survey Info

Range#: 24
Section#: 14
Township#: 29

Unit 1

Furnished?: No
Lease Expiration Date: 2028-05-31
Leased?: Yes
Level: Main Level
Unit Number: Yes
# of Fireplaces: Yes
Annual Rent: 22020
Finished SqFt: 1000
Full Baths: Yes
Monthly Expense: 88
Monthly Rent: 1835
No. of Units Like This: Yes
Oth Parking Spaces: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 5

Unit 2

Furnished?: No
Lease Expiration Date: 2028-05-31
Leased?: Yes
Level: 2nd Level
Unit Number: 2
3/4 Baths: Yes
Annual Rent: 21420
Finished SqFt: 925
Monthly Expense: 88
Monthly Rent: 1785
No. of Units Like This: Yes
Oth Parking Spaces: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 5

Unit 3

Furnished?: No
Lease Expiration Date: 2028-05-31
Leased?: Yes
Level: 2nd Level
Unit Number: 3
Annual Rent: 21300
Finished SqFt: 900
Full Baths: Yes
Monthly Expense: 88
Monthly Rent: 1775
No. of Units Like This: Yes
Oth Parking Spaces: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 5

Unit 4

Furnished?: No
Lease Expiration Date: 2028-05-31
Leased?: Yes
Level: Main Level
Unit Number: 4
3/4 Baths: Yes
Annual Rent: 20940
Finished SqFt: 815
Monthly Expense: 88
Monthly Rent: 1745
No. of Units Like This: Yes
Oth Parking Spaces: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 4

Unit Details

Total Units: 4

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: BLOCK 022 SIBLEY ADDN TO ST ANTH LOT 4 AND N 12 FT OF LOT 5 LOTS 4 AND 5
Listing City: Minneapolis
Map Page: 106
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 1828
Property ID Number: 1402924430038
Tax Year: 2026
Tax Amount: 11187
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Gorgeous Italianate building in the heart of Northeast with exceedingly-low vacancy rate (less than 30 days of vacancy between all units in the past 16 years). Hardwood floors, exposed brick, stained glass, and beautiful architecture create beautiful homes for your tenants. Private laundry in 3 units, large kitchens, front porch, shared rear porches, plenty of off-street parking, and secured storage rooms for each unit make this an excellent opportunity for investors who want steady rental income.
Directions: Washington St NE to east on Spring ST NE to south on Madison to building on the west side of Madison.

Accessible

None: Yes

Amenities Shared

Porch: Yes

Assumable Loan

Not Assumable: 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

Stone: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes
Radiator: Yes

Internet Options

Cable: Yes

Laundry

Electric Dryer Hookup: Yes
Gas Dryer Hookup: Yes
In Basement: Yes
In Unit: Yes

Lot Description

Public Transit (w/in 6 blks): Yes

Owner Pays

Exterior Maintenance: Yes
Lawn: Yes
Maintenance/Repair: Yes
Sewer: Yes
Snow Removal: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Patio, Porch and Deck Features

Glass Enclosed: Yes
Rear Porch: Yes

Pool Description

None: Yes

Rental License Type

Standard: Yes

Road Frontage

City Street: Yes
Curbs: Yes
No Outlet/Dead End: Yes
Sidewalks: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Flat: Yes
Rubber: Yes

Sellers Terms

Cash: Yes
Conventional: 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
Gas: Yes

Unit 1 Amenities

Cable: Yes
Ceiling Fan(s): Yes
Hardwood Floors: Yes
Kitchen Window: Yes
Porch: Yes

Unit 1 Appliances

Chandelier: Yes
Stainless Steel Appliances: Yes
Dishwasher: Yes
Exhaust Fan/Hood: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 1 Bath Description

Main Floor Full Bath: Yes

Unit 1 Cooling

Central: Yes

Unit 1 Dining Room Description

Separate/Formal Dining Rm: Yes

Unit 1 Fireplace Char

Brick: Yes
Living Room: Yes

Unit 1 Special Search

Main Floor Bedroom: Yes
Main Floor Primary: Yes

Unit 2 Amenities

Cable: Yes
Ceiling Fan(s): Yes
Hardwood Floors: Yes
Kitchen Window: Yes
Porch: Yes
Washer/Dryer Hookup: Yes

Unit 2 Appliances

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

Unit 2 Bath Description

Main Floor 3/4 Bath: Yes

Unit 2 Cooling

Window: Yes

Unit 2 Dining Room Description

Eat In Kitchen: Yes

Unit 2 Special Search

All Living Fac. on One Level: Yes

Unit 3 Amenities

Cable: Yes
Ceiling Fan(s): Yes
Hardwood Floors: Yes
Washer/Dryer Hookup: Yes

Unit 3 Appliances

Dishwasher: Yes
Dryer: Yes
Exhaust Fan/Hood: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 3 Bath Description

Main Floor Full Bath: Yes

Unit 3 Cooling

Window: Yes

Unit 3 Special Search

All Living Fac. on One Level: Yes

Unit 4 Amenities

Cable: Yes
Ceiling Fan(s): Yes
French Doors: Yes
Hardwood Floors: Yes
Porch: Yes
Washer/Dryer Hookup: Yes

Unit 4 Appliances

Stainless Steel Appliances: Yes
Dishwasher: Yes
Dryer: Yes
Exhaust Fan/Hood: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 4 Bath Description

Main Floor 3/4 Bath: Yes

Unit 4 Cooling

Central: Yes

Unit 4 Special Search

All Living Fac. on One Level: Yes

Listing Office: Luke Real Estate

Last Updated: July - 11 - 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.