BEDS0
BATHS
SQUARE FEET5,225
MLS#7055953
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONTwenty Fifth St Add
SCHOOLMinneapolis
Property Description
Welcome to one of the most heavily updated and upgraded historic fourplexes in Minneapolis! This stately four-home property combines the rich luxury of it's original Victorian embellishments with important large scale upgrades, ensuring that its future steward has a stress-free, smooth ownership. This is a must-show for your investor buyers and owner occupants alike. Too many updates than are possible to list here. No expense was spared while completely redoing all of the electric, plumbing, heating, siding, windows, roofing and maintenance of this home. Inside you will be captivated by the original trim and millwork, coal-burning tiled fireplaces (decorative), tall ceilings, beautiful south facing windows, and massive front balconies in 3 of the 4 units. Most every kitchen and bathroom has been upgraded, and all HVAC mechanicals are modern high efficiency, with billing directed to the tenants. Delivering impressive cashflow with room to grow, this property has always been easy to lease with its charm, solid construction/maintenance, and massive four car garage. Fully fenced and with a private back yard hang out area, this is a no brainer for furnished medium/short term rentals. Looking to wipe out your 2026 income tax burden? This property may be a good fit for accelerated depreciation under new IRS tax code. Do not hesitate to set up a showing of this unique and exceptionally well maintained property. Seller is willing to consider creative financing options, including seller financing, for qualified buyers.
Property Features
Property Type: Multi Unit - Multiple
Basement: Egress Window(s), Finished, Full, Shared Access, Storage Space
Basement: Yes
Garage: 4
Heating: Ductless Mini-Split, Forced Air, Hot Water, Radian
Lot Size: 0.11 Acres
Roof Type: Age 8 Years or Less
Taxes: $15,137
Year Built: 1908
Feature Descriptions
Days on Site: 1
Exterior: Frame
Foundation Size: 1440
Lot: Public Transit (w/in 6 blks), Tree Coverage - Light
Lot Dimensions: 40x119
Owners Expense: Grounds Care, Trash Collection, Water
Parcel#: 3302924140168
Parking: Detached Garage
Road Frontage: City Street, Curbs, Sidewalks, Street Lights
Sewer: City Sewer/Connected
Shared Rooms: Other
Tenant Expenses: Broadband, Cable TV, Electricity, Fuel, Gas, Heat
Units: 4
Water: City Water/Connected
Local Schools
School District: Minneapolis
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty Integrity Lakes
Agency Phone: 612-821-7400
Shown By
Agent Name: Joel Hentges
Agent Phone: (952) 475-9541
Agency Title: Joel Hentges - Re/Max Advantage Plus
Estimate Your Payment
Estimated Payment
$ 4,219.17 per month $2,615.04 Principal & Interest $1,261.42 Property Tax $342.71 Homeowner's InsuranceChange Payment Information
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2535 Aldrich Avenue S | MLS# 7055953
This multi-family property located at 2535 Aldrich Avenue S, Minneapolis, MN 55405 is currently listed for sale with an asking price of $1,175,000. Aldrich Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on jhentges.homesbyjoel.com today.