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$447,500 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 7 Total Beds
  • Updated 9 hours ago
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Income-producing fourplex in a convenient Columbia Heights location. This well-maintained property features a durable stucco and brick exterior and a practical unit mix of one studio and three two-bedroom units. The building is fully occupied and generating rental income, making it an excellent opportunity for an investor or owner-occupant looking to build equity while offsetting housing costs with rental income. Designed with functionality in mind, the property offers updated electric panels with separate services for each unit, on-site laundry, and a dedicated storage unit for each apartment. Off-street parking is available, with abundant additional street parking for residents and guests. Located close to bus lines, local shopping, restaurants, and everyday amenities, this is a convenient and accessible location for tenants. A true workhorse property with a solid unit mix, desirable amenities, and consistent income-producing potential. Whether you're expanding your investment portfolio or looking to live in one unit while renting the others, this fourplex offers flexibility and opportunity in Columbia Heights.

Full Property Details for 4656 Polk St NE

General

  • Price: $447,500
  • Taxes: $7,353 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7140735
  • Updated: 9/22/2026
  • Added to Site: 1 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 7

Other Rooms

  • Laundry: Lower Level, Laundry Room, Lower Level, Laundry Room

Additional Information

  • Shared Amenities: Laundry, Coin-op Laundry Owned

Parking

  • Parking Features: Asphalt

Location

  • County: Anoka
  • Township: Columbia Heights
  • Subdivision: Sheffields 2nd Sub
  • Driving Directions: I-694 TO CENTRAL AVENUE NORTHEAST/MN-65 TO 47TH AVENUE NORTHEAST TO POLK STREET NORTHEAST TO HOME

School Information

  • School District: 13 - Columbia Heights
  • High School District: Columbia Heights

Heating & Cooling

  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Basement: Yes
  • Basement Desc.: Full
  • Foundation Size: 1660
  • Roof: Age Over 8 Years, Asphalt
  • Disability Access: None
  • Square Feet: 3,021
  • Above Ground: 1,678 Sq. Ft.
  • Below Ground: 1,597 Sq. Ft.
  • Finished Down/Base.: 3,275 Sq. Ft.
  • Year Built: 1960

Unit Information

  • Units w/Refrigerators: 4

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Dimensions: 55 x 128
  • Zoning: Residential-Multi-Family

Financial Considerations

  • Operating Expenses: $1
  • Tax Amount: $7,353.58
  • Tax Year: 2026
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: SHEFFIELDS SECOND SUB., CITY OF COLUMBIA HEIGHTS LOT 1 & N 1/2 OF LOT 2, BLK 2, SHEFFIELDS 2ND SUB
  • Property ID: 253024330022

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— 4656 Polk St NE —

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Schools serving 4656 Polk St NE

School District:Columbia Heights Public School District
NameGradesDistance
Highland Elementary School, Columbia Heights, MN
1500 49th Avenue Northeast, Columbia Heights, MN 55421
PK-50.4 mi
Columbia Academy
900 49th Ave Ne, Columbia Heights, MN 55421
6-80.3 mi
Columbia Heights Senior High School
1400 49th Avenue Northeast, Columbia Heights, MN 55421
9-120.3 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 4656 Polk St NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/21/2026
Listed
$447,500
148.61%
MLS
6/05/2008
Sold
$180,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4656 Polk St NE

Year
Property Taxes
Change
Tax Assessment
Change
2026
$7,273
4%
$416,700
14%
2025
$6,987
-5%
$364,000
-1%
2024
$7,365
22%
$368,900
-12%
2023
$6,014
-1%
$419,800
8%
2022
$6,071
10%
$389,200
9%
2021
$5,500
—
$355,700
100%
2020
$5,480
—
-100%
2021
$5,477
33%
$302,000
52%
2018
$4,127
11%
$199,000
2%
2017
$3,714
6%
$194,700
14%
2016
$3,503
9%
$170,200
6%
2015
$3,224
-18%
$160,600
-16%
2014
$3,934
—
$190,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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4656 Polk Street NE, Columbia Heights, MN 55421 (MLS# 7140735) is a Multi-Family property with 4 units containing 7 bedrooms and 0 full bathrooms. 4656 Polk Street NE is currently listed for $447,500 and was received on September 21, 2026. Want to learn more about 4656 Polk Street NE? Do you have questions about finding other Multi-Family real estate for sale in Columbia Heights? You can browse all Columbia Heights real estate or contact a Coldwell Banker agent to request more information.

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