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Pending:  Minneapolis MLS# 7049826

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Pending
$725,000
/mo Edit
Multi-family:  Fourplex
4 br • 4 ba • Built 1916
3,220 sqft • 0.13 acres
Minneapolis schools
MLS# 7049826
763-576-8286
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    Property Description

    Rare opportunity to own a stunning Craftsman-style 4-plex in the sought after Tangletown neighborhood. Each of the four units showcases beautiful original woodwork, hardwood floors, and timeless vintage details throughout. A very nice matching stucco 4 car garage with openers was built in 2002, which is a huge perk! Thoughtfully designed open layouts are filled with natural light, enhanced by charming wood work & custom-built oak buffets. Ideally situated in a vibrant, walkable location, this property is walking distance to popular cafes, restaurants, coffee shops, the salt caves, and more. Each unit is equipped with separated heating and electrical, offering convenience and efficiency. The roof was topcoat 9/2025. The full basement provides shared laundry, ample storage, and a rough-in for a potential fifth unit, studio, gym, or workshop—adding even more value and flexibility. Whether you're looking for an owner-occupied residence or an investment opportunity, this property checks all the boxes. 4-plexes in this neighborhood are rarely available—don’t miss your chance to own a truly charming, quality-built asset in a high-demand location. Seller will be reviewing all offers after 4pm on April 13th.

    Listing

    Listing Status: Pending
    Contingency: None
    List Price: $725,000
    Price per sq ft: $225
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 4
    County: Hennepin
    Year Built: 1916
    State: MN
    Property Style: Fourplex
    Zip Code: 55419
    Neighborhood/Area: 76
    Subdivision Name: Swans 2nd Add

    Interior

    Bedrooms: 4
    Bathrooms: 4
    Finished Area: 3,220 ft2
    Living Area: 3,220 ft2
    Refrigerators: Four
    Basement Details: Full

    Exterior

    Stories: Two
    Garage Spaces: 4
    Garage Dimensions: 37 X 19
    Garage Size: 740 ft2
    Foundation Size: 1,610 ft2
    Foundation Dimensions: 46.5 X 35
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Boiler
    Road Frontage: City Street
    Exterior Material:
    • Concrete
    • Frame

    Rooms

    Laundry:
    • Laundry Room
    • Lower Level

    Lot & Land

    Acres: 0.13
    Geolocation: 44.916157, -93.279641
    Lot Dimensions: 131 X 45
    Zoning: Residential-Multi-Family
    Lot Description:
    • Corner Lot
    • Tree Coverage - Light

    Schools

    School District: 1
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $423
    Annual Fuel Expense: $189
    Annual Insurance Expense: $2,797
    Annual Maintenance Expense: None
    Annual Trash Expense: $2,125
    Annual Water/Sewer Expense: $2,125
    Tenant Expenses: Electricity, Gas, Heat

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $3,978
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,978

    Income

    Annual Gross Income: $63,360
    Misc. Annual Income: $1,200
    Misc. Monthly Income: $100

    Units

    Total Units: 4

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Xcel Energy

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.