4255 Thomas N Avenue, Minneapolis, Minnesota 55412

MN, Minneapolis
$374,900
  • 4 Beds
  • 4 Bath
  • Residential Income Property Type
  • 1940 Year Built
  • Active Status
See All 33 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

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.

Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 7105318
  • Price: $374,900
  • Year Built: 1940
  • Listing Status: Active
  • Office Name: Fuze Real Estate
  • Property Sub Type: Duplex Side by Side
Features
  • Heating System Forced Air,Baseboard
  • Basement Finished
  • Fence None
  • Parking Detached Garage
  • Exterior Features Stone
  • Laundry Features Laundry Room,Lower Level,In Basement
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Hennepin
  • City Minneapolis
  • Zipcode 55412
  • Street: Thomas
  • Street Number: 4255
  • Street Suffix: Avenue
  • Longitude: W94° 41' 9.6''
  • Latitude: N45° 1' 59.7''
  • Directions: From Hwy 100, exit on N 42nd Ave and head East. This road turns into Lake Dr. Turn Right / South on Memorial Parkway, Turn Left / East on N 42nd Ave, Turn Left / North on N Thomas Ave. Home is on the left just before N 43rd Ave.
  • Street Dir Suffix: N
Neighborhood
  • High School District: Minneapolis
MLS Addon
  • Office Name: Fuze Real Estate
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Building Size: 2200
  • Foundation Details: Other
  • Garage: 2
  • Levels: One and One Half
  • Lot Features: Corner Lot
  • Lot Size Dimensions: 60x102
  • Number Of Units Total: 4
Financial
  • Tax Annual Amount: 6887.36
Listing Information
  • List Agent Mls Id: 506017231
  • List Office Mls Id: 21265
  • Modification Timestamp: 2026-08-20T21:28:06Z
  • Originating System Name: NorthStar
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