5705 Lyndale Avenue S, Minneapolis, MN 55419

$519,900
Property Type: Multi-Family Bedrooms: 4 Baths: 4 Square Footage: 4,692 Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $519,900 List Date: 5/08/2026 Last Modified: 6/21/2026

Overview

Description

Solid, cash flowing 4-plex in prime, SW Mpls location. Four, 1/1 900ft2 units. Fully rented - never an issue getting solid renters. Convenient location close to main hwy's yet tucked away in Windom neighborhood, Kowalski's, S Lyndale Wine & Deli, Bachman's & all the trails, parks & great restaurants, schools SW is known for. Coin-op laundry in basement as well as plenty of storage & work spaces. Well cared for with regular maintanence done proactively - newer appliances, paint, throughout. Common areas very clean/neat & cared for. Backyard w/ shed & 4 off-street parking spots. Newer mechanicals. Split electrical & gas meters. Apprx $1k/m rent per unit.

Listing Details MLS# 7070622

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1948
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1564
Above Ground SqFt
3128
Below Grd Total SqFt
1564
Total SqFt
4692
Foundation Size
1564
Style
(MF) Four Plex
Total Finished Sqft
3128.00
Lot Dimensions
118x50
Acres
0.14
Assessment Pending
No
Garage Stalls
0

Property Features

Accessible: None Amenities Shared: Coin-op Laundry Owned; Patio Basement: Full; Shared Access; Unfinished Construction Status: Previously Owned Exterior: Stucco Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler Laundry: In Basement Owner Pays: Heat; Lawn; Maintenance/Repair; Sewer; Snow Removal; Trash Collection; Water Parking Characteristics: Parking Lot Rental License Type: Standard Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: Two Tenant Pays: Cable TV; Electricity; Gas Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Window Water: City Water/Connected

Contract Information

Contingency
Inspection
Original List Price
519900
ListPrice
519900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
5705
Street Name
Lyndale
Street Suffix
Avenue
Street Direction Suffix
S
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55419
Complex/Dev/Subdivision
Grand Ave Park

Assessments

Tax With Assessments
8838
Assessment Balance
0

Building Information

Finished SqFt Above Ground
3128

More Information

Income and Expenses

Annual Fuel Expense
300
Annual Gross Expenses
14200
Annual Gross Income
49200
Annual Insurance Expense
3000
Annual Net Income
35000
Annual Trash Expense
1000
Annual Water/Sewer Expense
2000
Misc. Annual Income
1000
Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Maintenance Expense
0
Annual Repair Expense
0
Total Annual Expenses
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
22
Township#
28

Unit 1

Furnished?
No
Lease Expiration Date
2027-03-31
Leased?
Yes
Level
Main Level
Unit Number
Yes
Annual Rent
11520
Finished SqFt
900
Full Baths
Yes
Monthly Expense
338
Monthly Rent
960
No. of Units Like This
4
Oth Parking Spaces
Yes
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 007 BLOCK 003 GRAND AVE PARK
Listing City
Minneapolis
Map Page
120
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
1124
Property ID Number
2202824230113
Tax Year
2025
Tax Amount
8652
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Solid, cash flowing 4-plex in prime, SW Mpls location. Four, 1/1 900ft2 units. Fully rented - never an issue getting solid renters. Convenient location close to main hwy's yet tucked away in Windom neighborhood, Kowalski's, S Lyndale Wine & Deli, Bachman's & all the trails, parks & great restaurants, schools SW is known for. Coin-op laundry in basement as well as plenty of storage & work spaces. Well cared for with regular maintanence done proactively - newer appliances, paint, throughout. Common areas very clean/neat & cared for. Backyard w/ shed & 4 off-street parking spots. Newer mechanicals. Split electrical & gas meters. Apprx $1k/m rent per unit.
Directions
35W TO 46TH, WEST TO LYNDALE AVE, SOUTH TO HOME

Accessible

None
Yes

Amenities Shared

Coin-op Laundry Owned
Yes
Patio
Yes

Basement

Full
Yes
Shared Access
Yes
Unfinished
Yes

Construction Status

Previously Owned
Yes

Exterior

Stucco
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes

Laundry

In Basement
Yes

Owner Pays

Heat
Yes
Lawn
Yes
Maintenance/Repair
Yes
Sewer
Yes
Snow Removal
Yes
Trash Collection
Yes
Water
Yes

Parking Characteristics

Parking Lot
Yes

Patio, Porch and Deck Features

Patio
Yes

Rental License Type

Standard
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

Cable TV
Yes
Electricity
Yes
Gas
Yes

Unit 1 Bath Description

Main Floor Full Bath
Yes

Unit 1 Cooling

Window
Yes

Documents

IDX
Listing Office: Verde Real Estate Group
Last Updated: June - 21 - 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.
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