For Sale Multi-Family MLS# 7105425

444-446 Madison Street NE

Minneapolis, MN 55413

$885,000

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

Take the tour

About 444-446 Madison Street NE

Gorgeous Italianate building in the heart of Northeast with exceedingly-low vacancy rate (less than 30 days of vacancy between all units in the past 16 years). Hardwood floors, exposed brick, stained glass, and beautiful architecture create beautiful homes for your tenants. Private laundry in 3 units and 1 in basement. Large kitchens, front porch, shared rear porches, 3 garage spaces, plenty of off-street parking, and secured storage rooms for each unit make this an excellent opportunity for investors who want steady rental income. This building is turn-key with NOTHING to be done. Tier 1 rental license to-boot. Current leases are MTM but 3 of 4 tenants have been there for over two years.

Property details

Property

Type
Fourplex
MLS type
Multi Family Home
Status
Active
Year built
1888
Stories
Two
Living area
3,560 sqft
Price / sqft
$249
Lot
0.15
Original price
$885,000
MLS #
7105425

Interior

Features
Forced Air, Radiator, In Basement, Electric Dryer Hookup, Gas Dryer Hookup, In Unit, Owner Access, Shared Access, Storage/Locker, Storage Space, Unfinished
Heating
Forced Air, Radiator
Laundry
In Basement, Electric Dryer Hookup, Gas Dryer Hookup, In Unit

Exterior & lot

Features
Stucco, Detached Garage, Concrete
Construction
Two, Stone, Flat, Rubber
Roof
Flat, Rubber
Foundation
Stone
Lot
1402924430038
Parking
Detached Garage, Concrete
Garage spaces
3

Schools

District
Minneapolis Public School District

Utilities

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

Financial

Financial
northstar
Annual tax
$11,187
Tax year
2026
Parcel
1402924430038

Location

Subdivision
Sibley Add To St Anth
County
Hennepin
Neighborhood
St. Anthony East
Community
Hennepin, City Street, Curbs, No Outlet/Dead End, Sidewalks, Porch, northstar, Minneapolis
Directions
Washington St NE to east on Spring ST NE to south on Madison to building on the west side of Madison.

Location

Neighborhood
St. Anthony East
Subdivision
Sibley Add To St Anth
School district
Minneapolis Public School District

Ask about this property

Questions on 444-446 Madison Street NE, Minneapolis, MN 55413, or want to see it in person?

Listed by Jennifer J Geisinger, Luke Real Estate

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.