4255 Thomas Avenue N, Minneapolis, MN

$379,900

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4

Beds

4

Baths

2,550

Square feet

0.14

Acres

About 4255 Thomas Avenue N

4-Unit Multi-Family (non-conforming) investment opportunity with strong income potential! This fully leased 4 unit property offers a desirable mix of one-bedroom, studio, and two-bedroom layouts, providing diversified rental income and consistent tenant demand. Professionally managed and holding two rental licenses (zoned as a DUPLEX), this property is an excellent addition to an investment portfolio or a great opportunity for an owner looking to expand their holdings. The building features approximately 2,550 finished square feet and has an established occupancy history with leases already in place. Tenant leases are available for qualified buyers. Conveniently located near parks, shopping, restaurants, public transportation, and major commuter routes, this property combines stable occupancy with long-term investment potential. Don't miss this rare opportunity to acquire a fully occupied multifamily asset in Minneapolis. Tenants are charged a monthly flat fee for electricity, gas, water, sewer & trash. This amount is already wrapped into the monthly rent that was stated. Buyer and Buyer's Agent to verify all details, including square footage. 24 Hour Tenant Notice required for showings.

Features of 4255 Thomas Avenue N

MLS® # 7105318
Price $379,900
Bedrooms 4
Bathrooms 4.00
Square Footage 2,550
Acres 0.14
Year Built 1940
Type Residential Income
Sub-Type Duplex Side by Side
Status Active

Community Information

Address 4255 Thomas Avenue N
Area 79
Subdivision Victory Park Add
City Minneapolis
County Hennepin
State MN
Zip Code 55412

Amenities

Parking Detached Garage
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Heating Baseboard, Forced Air
Fireplace No

Exterior

Exterior Features Stone
Lot Description Corner Lot

School Information

District Minneapolis

Additional Information

Days on Market 39
Zoning Residential-Multi-Family,Other
Foreclosure No
Short Sale No
Taxes $6,887
Tax Year 2026

Listing Details

OfficeFuze Real Estate

Listing Map

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