2641 Lyndale S Avenue, Minneapolis, Minnesota 55408

MN, Minneapolis
$550,000
  • 4 Beds
  • 4 Bath
  • Residential Income Property Type
  • 1912 Year Built
  • Active Status
See All 28 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

Four unit brick apartment building on the Lyndale corridor where Whittier meets the Wedge, a steady South Minneapolis rental pocket. Blocks to LynLake, the Midtown Greenway and Eat Street, minutes to Uptown, the lakes and downtown.

Built in 1912, all one bedroom units, two per floor over a full basement, with off street parking in the rear.

Six figures have gone into the mechanicals over the past five years, so the big ticket items are handled.

New combination boiler and water heater in each unit (2024), updated electrical panels, gas and electric separately metered with no house meters, and water, sewer and trash billed back through RUBS, so the owner has low utility costs.

On site laundry is owned, not leased, and currently free to tenants.

Three units leased, one month to month, a fit for an owner occupant in one unit or an investor adding a stabilized, professionally managed building.

Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 7060338
  • Price: $550,000
  • Year Built: 1912
  • Listing Status: Active
  • Office Name: MRG Realty Partners, LLC
  • Property Sub Type: Fourplex
Features
  • Heating System Boiler
  • Basement Block
  • Parking Parking Lot
  • Exterior Features Stone
  • Laundry Features Common Area,In Basement
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Hennepin
  • City Minneapolis
  • Zipcode 55408
  • Street: Lyndale
  • Street Number: 2641
  • Street Suffix: Avenue
  • Longitude: W94° 42' 44.5''
  • Latitude: N44° 57' 14.9''
  • Directions: 94 to Lyndale Ave S, the property will be on your left / East side of the street just south of Aldi.
  • Street Dir Suffix: S
Neighborhood
  • High School District: Minneapolis
MLS Addon
  • Office Name: MRG Realty Partners, LLC
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Association Amenities: Laundry
  • Building Size: 3978
  • Construction Materials: Brick
  • Electric: 100 Amp Service
  • Foundation Details: Block
  • Levels: Two
  • Lot Size Dimensions: 45x118
  • Number Of Units Total: 4
Financial
  • Tax Annual Amount: 9742.94
Listing Information
  • Co List Agent Mls Id: 506021198
  • Co List Office Mls Id: 26013
  • Co List Office Name: MRG Realty Partners, LLC
  • List Agent Mls Id: 506017223
  • List Office Mls Id: 26013
  • Modification Timestamp: 2026-08-06T10:18:10Z
  • Originating System Name: NorthStar
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