For Sale Multi-Family MLS# 7060338

2641 Lyndale Avenue S

Minneapolis, MN 55408

$550,000

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About 2641 Lyndale Avenue S

Four unit brick apartment building on the Lyndale corridor where Whittier meets the Wedge, a steady South Minneapolis rental pocket. Blocks to LynLake, the Midtown Greenway and Eat Street, minutes to Uptown, the lakes and downtown.

Built in 1912, all one bedroom units, two per floor over a full basement, with off street parking in the rear.

Six figures have gone into the mechanicals over the past five years, so the big ticket items are handled.

New combination boiler and water heater in each unit (2024), updated electrical panels, gas and electric separately metered with no house meters, and water, sewer and trash billed back through RUBS, so the owner has low utility costs.

On site laundry is owned, not leased, and currently free to tenants.

Three units leased, one month to month, a fit for an owner occupant in one unit or an investor adding a stabilized, professionally managed building.

Property details

Property

Type
Fourplex
MLS type
Multi Family Home
Status
Active
Year built
1912
Stories
Two
Living area
2,652 sqft
Price / sqft
$207
Lot
0.12
Original price
$550,000
MLS #
7060338

Interior

Features
Boiler, In Basement, Common Area, Block
Heating
Boiler
Laundry
In Basement, Common Area

Exterior & lot

Features
Stone, Parking Lot
Construction
Two, Block
Foundation
Block
Lot
3402924320141
Parking
Parking Lot

Schools

District
Minneapolis Public School District

Utilities

Utilities
City Sewer/Connected, City Water/Connected, 100 Amp Service
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

Financial
northstar
Annual tax
$9,743
Tax year
2026
Parcel
3402924320141

Location

Subdivision
Hoblitts Add
County
Hennepin
Neighborhood
Whittier
Community
Hennepin, Laundry, northstar, Minneapolis
Directions
94 to Lyndale Ave S, the property will be on your left / East side of the street just south of Aldi.

Location

Neighborhood
Whittier
Subdivision
Hoblitts Add
School district
Minneapolis Public School District

Ask about this property

Questions on 2641 Lyndale Avenue S, Minneapolis, MN 55408, or want to see it in person?

Listed by Nathan Schammel, MRG Realty Partners, LLC

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.