Minneapolis, MN 55405

New Listing
$1,095,000
Property Type: Commercial Bedrooms: 12 Baths: 5 Square Footage: 7,253 Lot Size (sq. ft.): 5,227 Status: Active
Current Price: $1,095,000 List Date: 7/14/2026 Last Modified: 7/14/2026

Overview

Description

This five-unit building offers a desirable unit mix, featuring four 2 bedroom, 1 bathroom units and one spacious 4 bedroom, 1 bathroom unit on the top floor. Rich in character, the property showcases original hardwood floors and built-ins. Inviting front and back porches provide additional outdoor living space, enhancing the property's charm and appeal. All units were remodeled in last 10-12 years. as well as rare front and back porches Whether you're looking to expand your investment portfolio or own a well located multifamily property with strong rental potential, this building presents a great opportunity. Situated just minutes from Uptown, Downtown Minneapolis, and the Chain of Lakes, residents will enjoy easy access to neighborhood favorites including Lake of the Isles, Bde Maka Ska, the Midtown Greenway, Convenient access to public transportation and major roadways

Listing Details MLS# 7106578

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
5
Owner Occupied
No
Waterfront YN
No
Year Built
1911
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
2016
For Sale or Lease
For Sale
Acres
0.12
Lot Dimensions
45x118
Assessment Pending
No
Garage Stalls
0

Property Features

Accessible: None CMU Style: Apartments/Multi Family Construction Status: Previously Owned Current Use: Residential Exterior: Brick/Stone; Wood Foundation: Other Fuel: Natural Gas Heating: Hot Water Loan Terms: Cash; Conventional; FHA; VA; Other On Site Utilities: Heating Common Parking Characteristics: Parking Lot Sewer: City Sewer/Connected Stories: Three Or More Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
1095000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55405
Complex/Dev/Subdivision
Lyndale Ave Add

Assessments

Tax With Assessments
14754
Assessment Balance
0

Building Information

Building Finished SqFt
5237
Building SqFt
7253

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
33
Township#
29

Sale Options

Sale Includes
Building

Unit 1

Unit Number
Yes
Monthly Rent
1765
Full Baths
Yes
Total Bathrooms
Yes
Total Bedrooms
2
Total Rooms
9
Level
Main Level
Unit Total SqFt
898
Leased?
Yes
Lease Expiration Date
2026-12-31

Unit 2

No. of 2 Bedroom Units
4
Full Baths
Yes
Lease Expiration Date
2026-07-31
Leased?
Yes
Level
Main Level
Monthly Rent
1825
Total Bathrooms
Yes
Total Bedrooms
2
Total Rooms
9
Unit Number
2
Unit Total SqFt
898

Unit 3

Full Baths
Yes
Lease Expiration Date
2026-09-30
Leased?
Yes
Level
2nd Level
Monthly Rent
1835
Total Bathrooms
Yes
Total Bedrooms
2
Total Rooms
9
Unit Number
3
Unit Total SqFt
898

Unit 4

Full Baths
Yes
Lease Expiration Date
2026-09-30
Leased?
Yes
Level
2nd Level
Monthly Rent
1865
Total Bathrooms
Yes
Total Bedrooms
2
Total Rooms
9
Unit Number
4
Unit Total SqFt
898

Unit 5

Full Baths
Yes
Lease Expiration Date
2027-05-31
Leased?
Yes
Level
3rd Level
Monthly Rent
1950
Total Bathrooms
Yes
Total Bedrooms
4
Total Rooms
10
Unit Number
5
Unit Total SqFt
1500

Unit Details

Total Units
5

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
LOT 008 BLOCK 008 LYNDALE AVE ADDN TO MPLS
Listing City
Minneapolis
Map Page
106
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
3651
Property ID Number
3302924140115
Tax Year
2025
Tax Amount
14754
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
This five-unit building offers a desirable unit mix, featuring four 2 bedroom, 1 bathroom units and one spacious 4 bedroom, 1 bathroom unit on the top floor. Rich in character, the property showcases original hardwood floors and built-ins. Inviting front and back porches provide additional outdoor living space, enhancing the property's charm and appeal. All units were remodeled in last 10-12 years. as well as rare front and back porches Whether you're looking to expand your investment portfolio or own a well located multifamily property with strong rental potential, this building presents a great opportunity. Situated just minutes from Uptown, Downtown Minneapolis, and the Chain of Lakes, residents will enjoy easy access to neighborhood favorites including Lake of the Isles, Bde Maka Ska, the Midtown Greenway, Convenient access to public transportation and major roadways
Directions
West on Lake street, North on Aldrich

Accessible

None
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes
Wood
Yes

Foundation

Other
Yes

Fuel

Natural Gas
Yes

Heating

Hot Water
Yes

Parking Characteristics

Parking Lot
Yes

Sewer

City Sewer/Connected
Yes

Stories

Three Or More
Yes

Water

City Water/Connected
Yes

On Site Utilities

Heating Common
Yes

CMU Style

Apartments/Multi Family
Yes

Current Use

Residential
Yes

Loan Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes
Other
Yes
IDX
Listing Office: Pemberton RE
Last Updated: July - 14 - 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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