For Sale Multi-Family MLS# 6812015

2507 Lyndale Avenue S

Minneapolis, MN 55405

$569,900

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About 2507 Lyndale Avenue S

This Multi-Family 4-Plex on Lyndale Avenue offers an 899 sq ft finished attic with potential to convert into a 5th unit (requires kitchen addition). Note: converting to a 5th unit changes the property status from residential to commercial with the City of Minneapolis. Zoned CM2 ("Corridor Mixed Use District"), this property is ideal for exploring small business opportunities on the first level while maintaining residential units above. Buyers must verify all City regulations and requirements. A new rear staircase was completed in July of 2025. The largest unit, over 1,100 square feet, includes two bedrooms and an office. It features hardwood floors, high ceilings, built-ins, and both front and rear entrances. A single-car garage provides added convenience. All units are on a month-to-month lease, allowing flexibility for the new owner. Exceptional property with endless potential — don't miss out!

Property details

Property

Type
Fourplex
MLS type
Multi Family Home
Status
Active
Year built
1900
Stories
More Than 2 Stories
Living area
3,308 sqft
Price / sqft
$172
Lot
0.11
Original price
$619,000
MLS #
6812015

Interior

Features
Hot Water, Other
Heating
Hot Water

Exterior & lot

Features
Metal, Stucco, Vinyl, Detached Garage
Construction
More Than 2 Stories, Stone, Asphalt
Roof
Asphalt
Foundation
Stone
Lot
3402924230070
Parking
Detached Garage
Garage spaces
1

Schools

District
Minneapolis Public School District

Utilities

Utilities
City Sewer/Connected, City Water/Connected
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

Financial
northstar
Annual tax
$9,637
Tax year
2026
Parcel
3402924230070

Location

Subdivision
Garfield Ave Add
County
Hennepin
Neighborhood
Whittier
Community
Hennepin, City Street, Sidewalks, northstar, Minneapolis
Directions
Take Lyndale to 25th, take 25th East to Garfield to find plenty of off street parking. The property is just South of the Loon Smoke Shop which is right on the corner of Lyndale and West 25th Street.

Location

Neighborhood
Whittier
Subdivision
Garfield Ave Add
School district
Minneapolis Public School District

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Listed by Christian Knudson, Coldwell Banker Realty - Lakes

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.