About 3548 Portland Avenue
Fantastic opportunity to own a solid 4-unit property in a prime South Minneapolis location. Each unit offers 2 bedrooms and 1 bathroom with functional layouts that attract long-term tenants. The building is fully occupied and currently generates $5,601 per month in rents, with clear potential for increases over time. Two units are occupied by long-term residents, providing stability and reliable cash flow. This property is an excellent fit for both investors and owner-occupants. Live in one unit while the other three help cover your mortgage, or continue operating as a fully rented income property. Conveniently located near parks, restaurants, and major commuting routes, this building combines strong rental performance with everyday livability. Don’t miss your chance to secure a well-maintained multifamily property with both income and equity growth potential.
Features of 3548 Portland Avenue
MLS® # | 6787348 |
---|---|
Price | $609,900 |
Bathrooms | 0.00 |
Square Footage | 4,096 |
Acres | 0.12 |
Year Built | 1923 |
Type | Residential Income |
Sub-Type | Quadruplex |
Style | Quadruplex |
Status | Active |
Community Information
Address | 3548 Portland Avenue |
---|---|
Area | Central |
Subdivision | Clinton Ave Add |
City | Minneapolis |
County | Hennepin |
State | MN |
Zip Code | 55407 |
Amenities
Garages | Concrete |
---|---|
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Boiler |
---|---|
Fireplace | No |
Exterior
Construction | Brick/Stone |
---|
School Information
District | Minneapolis |
---|
Additional Information
Days on Market | 29 |
---|---|
Zoning | Residential-Multi-Family |
Foreclosure | No |
Short Sale | No |
Taxes | $9,502 |
Tax Year | 2025 |
Listing Details
Office | Algo Realty Inc |
---|
Listing Map
Request a Showing
Similar Pages
- Minneapolis Neighborhood Homes For Sale
- Uptown | Minneapolis Condo Guide
- Lenox Brownstones | Elliot Park Minneapolis Condos & Lofts
- Minneapolis Ultra Luxury ($3M+)
- Downtown Minneapolis Townhomes
- Minneapolis Condo & Loft Guide
- Isaac Kuehn | Minneapolis Realtor
- Downtown Minneapolis
- Minneapolis Duplex
- Minneapolis Condos Over $2,000,000
- Minneapolis Condos & Lofts
- Downtown West | Minneapolis Condo & Loft Guide