For Sale Commercial MLS# 7000870

4001 Mavelle Drive

Edina, MN 55435

$2,750,000

northstar-of-minnesota-regional-multiple-listing-service-of-minnesota-inc-rsd logo

About 4001 Mavelle Drive

Tree-lined, classic 12-unit apartment building ideally tucked behind the Room & Board high-end furniture store and directly across from the renowned upscale Galleria Mall. The property features 11 spacious two-bedroom, one-bath units and one studio, all offering well-designed, open, and functional floor plans.

Residents enjoy walking-distance access to numerous restaurants, shops, banks, Lunds & Byerlys, Whole Foods, Southdale Center, Cub Foods, and Target. Located just 10 minutes from downtown Minneapolis and the University of Minnesota, the property is also situated within the highly sought-after Edina School District.

This property offers a quiet residential sanctuary in the heart of Edina, combining privacy with unmatched convenience. Each unit includes a private one-car detached garage plus one additional off-street parking space.

Additional features include:

Baseboard hot water radiant heat for consistent comfort

Tenants pay electric

Coin-operated laundry on site

Located in Edina—one of the most affluent close-in suburbs of Minneapolis—the property presents future redevelopment potential, situated just half a block from the France Avenue commercial district, which includes hospitals, physician offices, and high-end shopping destinations. The property is zoned PRD-4, allowing for flexible higher-density multifamily development with commercial elements (buyer to verify with the City of Edina).

1031 Exchange property.

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
1961
Lot
0.67
Original price
$2,750,000
MLS #
7000870

Interior

Features
Window Unit(s), Baseboard, Boiler
Heating
Baseboard, Boiler
Cooling
Window Unit(s)

Exterior & lot

Features
Stone, Detached Garage, Parking Lot
Construction
Slab
Foundation
Slab
Lot
3102824110083, Residential
Parking
Detached Garage, Parking Lot
Garage spaces
12

Schools

District
Edina Public School District

Utilities

Utilities
City Sewer/Connected, City Water/Connected, Electric Separate, Heating Common
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

Financial
northstar
Annual tax
$28,991
Tax year
2025
Parcel
3102824110083

Location

Subdivision
Stows Edgemoor Add Blk 9 Rep
County
Hennepin
Neighborhood
Cornelia South
Community
Hennepin, northstar, Edina
Directions
France Ave to 70th St to Mavelle Dr.

Location

Neighborhood
Cornelia South
Subdivision
Stows Edgemoor Add Blk 9 Rep
School district
Edina Public School District

Ask about this property

Questions on 4001 Mavelle Drive, Edina, MN 55435, or want to see it in person?

Listed by Zoe Zhi, Sweet Home Realty, 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.