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$539,999

  • For Sale
  • Active
  • Townhouse
  • 12 Beds
  • 4 Total Baths
  • 3,124 Sq. Ft.
  • Updated 10 days ago
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Rare opportunity to own a well-maintained, turnkey fourplex in a desirable location! Whether you're looking to owner-occupy or expand your investment portfolio, this property offers exceptional value. Live in one unit while the rental income helps offset your mortgage and living expenses, or enjoy strong, consistent cash flow as a fully leased investment. The property has maintained 100% occupancy over the past year with outstanding tenants and currently generates $5,800 per month in rental income. Each unit features two bedrooms plus a bright front sunroom, offering the flexibility to use the space as a home office, nursery, or potential third bedroom. Recent updates include a new water heater, adding peace of mind for the next owner. Additional amenities include a private off-street parking lot, providing convenient parking for tenants. This is a rare opportunity to purchase a move-in, rent-ready fourplex with a proven rental history and excellent income potential.

Full Property Details for 1508 E 26th St

General

  • Price: $539,999
  • Taxes: $9,147 (2026)
  • Status: Active
  • Type: Townhouse
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7101570
  • Updated: 7/1/2026
  • Added to Site: 11 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 12

Parking

  • Parking Features: Assigned, Concrete, Shared Driveway, Open

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Gales 1st Add
  • Neighborhood: 54
  • Driving Directions: Lake Street to Bloomington Ave, North to 26th Street, West to property

School Information

  • School District: 1 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

  • Heating Type: Boiler, Steam
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Basement: Yes
  • Basement Desc.: Block, Unfinished
  • Foundation Size: 1562
  • Disability Access: None
  • Square Feet: 3,124
  • Above Ground: 3,124 Sq. Ft.
  • Finished Down/Base.: 3,124 Sq. Ft.
  • Year Built: 1913

Lot Features

  • Lot Size (Acres): 4,792
  • Lot Dimensions: 84.5 x 58

Financial Considerations

  • Operating Expenses: $11,250
  • Tax Amount: $9,147
  • Tax Year: 2026
  • Owner Pays: Electricity, Fuel, Insurance, Grounds Care, Snow Removal, Taxes, Trash Collection
  • Tenant Pays: Cable TV, Electricity, Fuel
  • Pays Cable: Tenant Pays
  • Pays Electric: Tenant Pays
  • Pays Trash: Owner Pays

Disclosures and Reports

  • Legal Description: LOT 006 BLOCK 016 GALES 1ST ADDN TO MPLS E 84.5 FT
  • Property ID: 3502924130356

Listed by Bridge Realty, LLC

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Listing agent

— 1508 E 26th St —

  • Bridge Realty, LLC

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 1508 E 26th St

School District:Minneapolis Public School District
NameGradesDistance
Andersen Community
1098 Andersen Lane, Minneapolis, MN 55407
6-80.3 mi
Folwell Arts Magnet
3611 20th Avenue South, Minneapolis, MN 55407
PK-51.4 mi
South Senior High School
3131 19th Avenue South, Minneapolis, MN 55407
9-120.8 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 1508 E 26th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/30/2026
Listed
$539,999
9.53%
MLS
12/15/2021
Sold
$493,000
—
Public Record
Get Price Alerts and Save Property
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 1508 E 26th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,267
1%
$488,000
4%
2025
$9,147
13%
$467,000
-8%
2023
$8,094
4%
$506,000
5%
2023
$7,759
—
$481,900
13%
2023
$7,759
17%
$425,000
9%
2020
$6,608
41%
$388,965
47%
2019
$4,675
1%
$264,698
10%
2018
$4,650
5%
$241,000
8%
2017
$4,417
-3%
$223,000
—
2016
$4,557
19%
$223,000
18%
2015
$3,836
-7%
$189,000
—
2014
$4,128
4%
$189,000
5%
2013
$3,953
—
$180,000
—
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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Listed by Bridge Realty, LLC

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1508 E 26th Street, Minneapolis, MN 55404 (MLS# 7101570) is a Townhouse property with 12 bedrooms and 0 full bathrooms. 1508 E 26th Street is currently listed for $539,999 and was received on June 30, 2026. Want to learn more about 1508 E 26th Street? Do you have questions about finding other Townhouse real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.

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