4518 Minnehaha Avenue, Minneapolis, MN 55406

$430,000
Property Type: Multi-Family Bedrooms: 4 Baths: 2 Square Footage: 3,798 Lot Size (sq. ft.): 9,148 Status: Pending
Current Price: $430,000 List Date: 5/28/2026 Last Modified: 6/30/2026

Overview

Description

Classic Minneapolis up/down duplex full of original Craftsman charm in a vibrant, walkable neighborhood just 1.5 blocks from Minnehaha Falls Park. Both units showcase timeless character with beautiful original woodwork, built-in buffets, elegant archways, and vintage details throughout. Each unit also features its own relaxing sunroom, offering the perfect space to unwind and enjoy natural light. Spacious layouts with radiator heat in both units and separate utilities make this an ideal owner-occupant or investment opportunity. The roof is just 2 years old, providing added value and peace of mind for years to come. Outside, enjoy a nicely maintained backyard lawn perfect for relaxing, gardening, or entertaining, plus a desirable 2-car garage for added convenience and storage. Located within walking distance to neighborhood restaurants, coffee shops, shopping, and local amenities, this property offers the perfect blend of historic charm and urban lifestyle. A rare opportunity to own an ...

Listing Details MLS# 7080096

General Property Information

Lot Measurement
Square Feet
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1925
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1266
Above Ground SqFt
2532
Below Grd Total SqFt
1266
Total SqFt
3798
Foundation Size
1266
Lot Size SqFt
9148
Style
(MF) Duplex Up and Down
Total Finished Sqft
2532.00
Garage Stalls
2
Lot Dimensions
60x150
Assessment Pending
Yes

Property Features

Accessible: None Basement: Concrete Block; Full Construction Status: Previously Owned Exterior: Brick/Stone; Stucco Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler; Radiator Laundry: In Basement Road Frontage: City Street Roof: Age 8 Years or Less Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Off Market Date
2026-06-30
Contingency
None
Original List Price
430000
ListPrice
430000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
4518
Street Name
Minnehaha
Street Suffix
Avenue
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55406
Complex/Dev/Subdivision
A S Adams Add

Assessments

Assessment Balance
558.21
Tax With Assessments
8709.2

Building Information

Finished SqFt Above Ground
2532

More Information

Income and Expenses

Annual Gross Expenses
5400
Annual Gross Income
35280
Annual Insurance Expense
3100
Annual Net Income
29880
Total Annual Expenses
5400
Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Maintenance Expense
0
Annual Repair Expense
0
Annual Trash Expense
0
Annual Water/Sewer Expense
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
20x19.5
Garage Square Feet
390

Public Survey Info

Range#
23
Section#
07
Township#
28

Unit 1

Furnished?
No
Lease Expiration Date
2026-07-01
Leased?
Yes
Level
Main Level
Unit Number
Yes
Annual Rent
16440
Finished SqFt
1266
Full Baths
Yes
Monthly Rent
1370
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
6

Unit 2

Furnished?
No
Lease Expiration Date
2026-09-01
Leased?
Yes
Level
2nd Level
Unit Number
2
Annual Rent
18840
Finished SqFt
1266
Full Baths
Yes
Monthly Rent
1570
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
6

Unit Details

Total Units
2

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
BLOCK 001 A S ADAMS ADDN TO MPLS LOT 6 AND NWLY 1/2 OF LOT 7
Listing City
Minneapolis
Map Page
121
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
2959
Property ID Number
0702823430068
Tax Year
2026
Tax Amount
8150.99
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Classic Minneapolis up/down duplex full of original Craftsman charm in a vibrant, walkable neighborhood just 1.5 blocks from Minnehaha Falls Park. Both units showcase timeless character with beautiful original woodwork, built-in buffets, elegant archways, and vintage details throughout. Each unit also features its own relaxing sunroom, offering the perfect space to unwind and enjoy natural light. Spacious layouts with radiator heat in both units and separate utilities make this an ideal owner-occupant or investment opportunity. The roof is just 2 years old, providing added value and peace of mind for years to come. Outside, enjoy a nicely maintained backyard lawn perfect for relaxing, gardening, or entertaining, plus a desirable 2-car garage for added convenience and storage. Located within walking distance to neighborhood restaurants, coffee shops, shopping, and local amenities, this property offers the perfect blend of historic charm and urban lifestyle. A rare opportunity to own an authentic Minneapolis duplex in one of the city’s most sought-after areas near trails, parks, and river amenities.
Directions
Hwy 55 to East on 45th, to South on Minnehaha, property will be on the right.

Accessible

None
Yes

Basement

Concrete Block
Yes
Full
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes
Stucco
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes
Radiator
Yes

Laundry

In Basement
Yes

Road Frontage

City Street
Yes

Roof

Age 8 Years or Less
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes
IDX
Listing Office: RE/MAX Results
Last Updated: June - 30 - 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.