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4748 Blaisdell Avenue, Minneapolis, MN 55419

$740,000

This 4-plex features a charming front entrance in a very walkable location close to tons of restaurants, cafes, & coffee shops.

Virtual Tour

https://tour.archi-pix.com/order/e4c2357a-52bc-4bef-149c-08de9009c4eb?branding=false

Welcome to this regal Tangletown 4-plex!

Unit 2 is vacant and ready for a new renter or owner to move right in.

View of Unit 2's front door, spacious living room, and dinning room.

View of unit 2's living room featuring original hardwood floors, woodwork, and lots of natural sunlight.

Unit 2 dinning room. All units have a built-in buffet, custom decorative shelf, and picture frame molding for hanging art.

Each unit has original wood work, custom built-in shelves, picture frame molding, hardwood floors, and an oak built-in buffet.

Each bathroom retains its vintage charm with original features such as claw foot soaking tubs and built-in medicine cabinets.

Unit 4 living room and dinning room view

Unit 4 view of the beautiful original custom woodwork details and closet door.

Spacious laundry room in the lower level

Lower level has an egress window and lots of potential for a gym, studio, office, storage, or check with the City for the possibility to build out a 5th unit.

All units have their own heating system, separate gas, and electrical.

Backyard view of 4 car garage. Plum tree on the left.

The plum Tree has been producing 4 bushels of plums per year.

View of the yard and the back of the 4-plex.

Matching stucco 4 car garage built in 2002 and includes openers, a huge perk!

Located on a charming street in the lovely Tangletown neighborhood.

This is a fantastic opportunity for an owner occupant or desirable investment.

This is the floor plan for unit 2. Units 2 and 4 are identical. Units 1 & 3 are identical but mirrored to the other 2 units.

Combined 2nd unit floor plan and lower unit.

Property Type: Multi-Family Bedrooms: 4 Baths: 4 Square Footage: 4,830 Lot Size (sq. ft.): 5,663 Status: Closed

Current Price: $740,000 List Date: 4/10/2026 Last Modified: 6/07/2026

Overview

Description

Rare opportunity to own a stunning Craftsman-style 4-plex in the sought after Tangletown neighborhood. Each of the four units showcases beautiful original woodwork, hardwood floors, and timeless vintage details throughout. A very nice matching stucco 4 car garage with openers was built in 2002, which is a huge perk! Thoughtfully designed open layouts are filled with natural light, enhanced by charming wood work & custom-built oak buffets. Ideally situated in a vibrant, walkable location, this property is walking distance to popular cafes, restaurants, coffee shops, the salt caves, and more. Each unit is equipped with separated heating and electrical, offering convenience and efficiency. The roof was topcoat 9/2025. The full basement provides shared laundry, ample storage, and a rough-in for a potential fifth unit, studio, gym, or workshop—adding even more value and flexibility. Whether you're looking for an owner-occupied residence or an investment opportunity, this property chec ... (Read more)

Listing Details MLS# 7049826

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1916
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1610
Above Ground SqFt: 3220
Below Grd Total SqFt: 1610
Total SqFt: 4830
Foundation Size: 1610
Style: (MF) Four Plex
Total Finished Sqft: 3220.00
Power Company: Xcel Energy
Garage Stalls: 4
Lot Dimensions: 131 X 45
Acres: 0.13
Assessment Pending: No

Property Features

Accessible: None Basement: Full Construction Materials: Concrete; Frame Construction Status: Previously Owned Exterior: Stucco Financing Terms: Cash Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler Laundry: Laundry Room; Lower Level Lot Description: Corner Lot; Tree Coverage - Light Owner Pays: Sewer; Trash Collection; Water Rental License Type: Standard Road Frontage: City Street Road Responsibility: Public Maintained Road Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity; Gas; Heat Unit 1 Appliances: Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath Water: City Water/Connected

Contract Information

Off Market Date: 2026-04-23
Contingency: None
Closed Date: 2026-06-01
Original List Price: 725000
ListPrice: 725000
Sales Close Price: 740000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 4748
Street Name: Blaisdell
Street Suffix: Avenue
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55419
Complex/Dev/Subdivision: Swans 2nd Add

Assessments

Tax With Assessments: 3978.14
Assessment Balance: 0

Basement

Foundation Dimensions: 46.5 X 35
Full: Yes

More Information

Building Information

Finished SqFt Above Ground: 3220

Income and Expenses

Annual Electric Expense: 423
Annual Fuel Expense: 189
Annual Gross Expenses: 8822
Annual Gross Income: 63360
Annual Insurance Expense: 2797
Annual Repair Expense: 1163
Annual Trash Expense: 2125
Annual Water/Sewer Expense: 2125
Misc Monthly Income: 100
Misc. Annual Income: 1200
Total Annual Expenses: 8822
Annual Caretaker 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 Dimensions: 37 X 19
Garage Square Feet: 740

Public Survey Info

Range#: 24
Section#: 15
Township#: 28

Unit 1

Furnished?: No
Lease Expiration Date: 2026-05-31
Leased?: Yes
Level: Main Level
Unit Number: Yes
Annual Rent: 15540
Finished SqFt: 607
Full Baths: Yes
Monthly Rent: 1295
No. of Units Like This: 4
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 5

Unit Details

Total Units: 4

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 013 BLOCK 007 SWANS 2ND ADDN TO MPLS
Listing City: Minneapolis
Map Page: 120
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 1210
Property ID Number: 1502824210165
Tax Year: 2026
Tax Amount: 3978.14
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Rare opportunity to own a stunning Craftsman-style 4-plex in the sought after Tangletown neighborhood. Each of the four units showcases beautiful original woodwork, hardwood floors, and timeless vintage details throughout. A very nice matching stucco 4 car garage with openers was built in 2002, which is a huge perk! Thoughtfully designed open layouts are filled with natural light, enhanced by charming wood work & custom-built oak buffets. Ideally situated in a vibrant, walkable location, this property is walking distance to popular cafes, restaurants, coffee shops, the salt caves, and more. Each unit is equipped with separated heating and electrical, offering convenience and efficiency. The roof was topcoat 9/2025. The full basement provides shared laundry, ample storage, and a rough-in for a potential fifth unit, studio, gym, or workshop—adding even more value and flexibility. Whether you're looking for an owner-occupied residence or an investment opportunity, this property checks all the boxes. 4-plexes in this neighborhood are rarely available—don’t miss your chance to own a truly charming, quality-built asset in a high-demand location. Seller will be reviewing all offers after 4pm on April 13th.
Directions: Take Nicolette Ave S. to W. 48th Street. Take a right on 48th Street. Go down 1 block to Blaisdell Ave. Property is on corner.

Accessible

None: Yes

Construction Materials

Concrete: Yes
Frame: Yes

Construction Status

Previously Owned: Yes

Exterior

Stucco: Yes

Financing Terms

Cash: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes

Laundry

Laundry Room: Yes
Lower Level: Yes

Lot Description

Corner Lot: Yes
Tree Coverage - Light: Yes

Owner Pays

Sewer: Yes
Trash Collection: Yes
Water: Yes

Rental License Type

Standard: Yes

Road Frontage

City Street: Yes

Road Responsibility

Public Maintained Road: 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

Electricity: Yes
Gas: Yes
Heat: Yes

Unit 1 Appliances

Range: Yes
Refrigerator: Yes

Unit 1 Bath Description

Main Floor Full Bath: Yes

Documents

Features & Improvements.pdf ›

Listing Office: Lakes Area Realty

Last Updated: June - 07 - 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.