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$492,900
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Property Description
Incredible investment opportunity! This 4-plex features four 2 bedroom, 1 bath units with functional open layouts designed for comfortable living. Upper-level units offer private balconies, while tenants enjoy the convenience of on-site laundry, dedicated garage parking with one stall per unit, and additional off-street parking. A strong rental history with long-term tenants provides added confidence for investors seeking a proven income-producing property. Conveniently located near parks, shopping, restaurants, and major transportation routes, this property offers a desirable location that continues to attract and retain renters. Whether you're expanding your portfolio or purchasing your first multifamily property, this is an opportunity you won't want to miss.
Full Property Details
Full Property Details for 3485 Lester Ave
General
- Sold For: $492,900
- Taxes: $6,519 (2026)
- Status: Closed
- Type: Multi-Family
- Source: Wirex_Western_Wisconsin_Realtors_Association_WWRA
- MLS ID: 7117247
- Added to Site: 69 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
- Partial Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Parking
- Garage: Yes
- Garage Spaces: 5
- Garage Description: Detached
Location
- Municipality: Hastings
- County: Out Of State
- Subdivision: Powers Place
- Driving Directions: From US-61 S, turn right onto Cannon St, turn left onto 33rd St W, turn left onto Lester Ave
School Information
- School District: Hastings
Heating & Cooling
- Heating Fuel: Electric
- Heating/Cooling: Radiant
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
- Utility Description: Electricity, Electricity, Cable
Structural Information
- Description/Design: FourPlex, 2 Story
- Exterior Const.: Brick/Stone
- Basement Desc.: None
- Roof: Other
- Square Feet: 3,300
- Year Built: 1969
Unit Information
- Units in Building: 4
Unit 1
- Square Feet: 740
- Bedrooms: 2
Unit 2
- Square Feet: 740
- Bedrooms: 2
Unit 3
- Bedrooms: 2
Unit 4
- Bedrooms: 2
Lot Features
- Lot Size (Acres): irregular
- Lot Size Range: 0.0 to .499
- Zoning: Residential-Multi-Family
Financial Considerations
- Tax Amount: $6,519
- Tax Year: 2026
Listed by Edina Realty, Inc.
Sold by Property Executives Realty
Get Pre-Approved Today
Schools
Schools serving 3485 Lester Ave
School District:Hastings Public School District
| Name | Grades | Distance |
|---|---|---|
Kennedy Elementary School, Hastings, MN 1175 Tyler Street, Hastings, MN 55033 | K-4 | 1.5 mi |
Hastings Middle School 1000 11th Street West, Hastings, MN 55033 | 5-8 | 1.6 mi |
Hastings High School 200 General Sieben Drive, Hastings, MN 55033 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3485 Lester Ave
Date
Details
Price
Change
Source
9/14/2026
Sold
$492,900
-10.37%
MLS
7/28/2026
Listed
$549,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3485 Lester Avenue, Hastings, MN 55033 (MLS# 7117247) is a Multi-Family property that was sold at $492,900 on September 14, 2026. Want to learn more about 3485 Lester Avenue? Do you have questions about finding other Multi-Family real estate for sale in Hastings? You can browse all Hastings real estate or contact a Coldwell Banker agent to request more information.

