3548 Portland Avenue, Minneapolis, MN

$609,900

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4,096

Square feet

0.12

Acres

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

OfficeAlgo Realty Inc

Listing Map

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