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$749,900

  • 10 beds
  • 5 baths
  • 3,822 sqft

2549 11th S Avenue, Minneapolis, MN 55404

For sale Est. —/mo

  • Multi-family home · Fourplex
  • Built in 1902
  • 0.13 acres lot
  • $196/sqft

Overview

11 days on market MLS # 7149877

Turnkey, 100% occupied four-plex delivering immediate cash flow in a prime Minneapolis location. Generating gross rental income of $6,548/month ($78,576 annualized), this high-performing property blends turn-of-the-century craftsmanship with major modern updates. Tenants enjoy a highly walkable neighborhood just blocks from Abbott Northwestern Hospital, Midtown Global Market, and top bike trails.
• The Space: 3,822 above-ground sq. ft. featuring soaring high ceilings and rich, natural woodwork.
• The Bonus: An additional 1,458 sq. ft. basement equipped with coin-operated laundry for extra revenue.
• The Portfolio: Located at 2549 11th Ave. S, Minneapolis, MN 55404, this property can be purchased individually or as a package with a side-by-side duplex at 566 & 568 37th Ave. NE (MLS 7149871).
Review the Offering Memorandum for full financial details.

Facts & features

Interior

  • Bedrooms: 10
  • Bathrooms: 5
  • Finished sqft: 3,822
  • Above grade sqft: 3,822
  • Basement: Block, Storage Space, Unfinished
  • Heating: Boiler
  • Laundry: In Basement, Common Area, Laundry Room

Property

  • Parking: Asphalt, Shared Driveway, Parking Lot, Open
  • Lot size: 0.13 acres
  • Lot dimensions: 42 x 127
  • Exterior features: Wood

Construction

  • Home type: Multi-family home (Fourplex)
  • Levels: More Than 2 Stories
  • Year built: 1902

Utilities

  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Community & HOA

  • Subdivision: Elliotts Rgt Blks Brackett & Boveys
  • Amenities: Coin-op Laundry Owned

Taxes & location

  • Annual taxes: $9,324 (2026)
  • County: Hennepin
  • School district: Minneapolis

Listing

  • Status: For sale
  • Listed: Oct 9, 2026
  • Days on market: 11
  • MLS #: 7149877

Monthly payment

—/mo

    An example, not a loan offer. Taxes and HOA dues come from the listing when known; home insurance is a rough estimate. Mortgage insurance is not included. Your rate depends on your lender and credit.

    Location

    Nearby homes

    Listing courtesy of Edina Realty, Inc.

    The data relating to real estate for sale comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

    Listing information last updated October 13, 2026.