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$649,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 12 Total Beds
See This Home
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Turnkey 4-Plex Investment Opportunity in Minneapolis! Don't miss this exceptional opportunity to own a well-maintained, cash-flowing 4-plex in Minneapolis with significant recent capital improvements and long-term value. This solid investment property has been thoughtfully updated, allowing a new owner to step into a stable asset with strong income potential. Major improvements include new metal siding (2025), a new roof (2024), updated windows, newer high efficiency boilers, and water heaters-helping minizine future maintenance expenses. Inside, three of the four units have been recently renovated, making the property attractive to tenants while still offering upside potential with the remaining unit. One of the property's standout features is its enrollment in the City of Minneapolis 4d Affordable Housing Incentive Program, providing substantial property tax savings year after year, and enhancing overall cash flow. Combined with its positive cash flow and extensive updates, this is an outstanding opportunity for both seasoned investors and those looking to expand their rental portfolio. Whether you're seeking reliable income, reduced operating costs, or a well-maintained multifamily asset in a strong rental market, this Minneapolis 4-plex checks all the boxes.

Full Property Details for 2121 13th Ave S

General

  • Price: $649,000
  • Taxes: $2,300 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7105569
  • Updated: 7/19/2026
  • Added to Site: 23 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 6

Bedrooms

  • Total Bedrooms: 12

Other Rooms

  • Laundry: In Basement, Common Area, In Basement, Common Area

Additional Information

  • Shared Amenities: Coin-op Laundry Owned

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Eliots Add
  • Neighborhood: 78
  • Driving Directions: From 39E take exit 9A for 12th St. Continue onto Hawthorn Ave. Turn right onto N 10th St. Turn left onto E 14th St. Turn right onto Chicago Ave. Turn left onto E Franklin Ave. Turn right onto 11th Ave S. Turn left onto 13th Ave. S to the 4-plex on the right.

School Information

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

Heating & Cooling

  • Heating Type: Baseboard, Boiler
  • Heating Fuel: Electric, Natural Gas

Utilities

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

Structural Information

  • Basement: Yes
  • Basement Desc.: Storage Space, Unfinished
  • Foundation Size: 1944
  • Roof: Age 8 Years or Less
  • Disability Access: None
  • Square Feet: 5,542
  • Above Ground: 5,542 Sq. Ft.
  • Below Ground: 1,904 Sq. Ft.
  • Finished Down/Base.: 7,446 Sq. Ft.
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Dimensions: 45 x 114

Financial Considerations

  • Operating Expenses: $19,550
  • Tax Amount: $2,300.36
  • Tax Year: 2026

Disclosures and Reports

  • Legal Description: BLOCK 006 ELIOTS ADDN TO MPLS S 1/3 LOTS 6 AND 7
  • Property ID: 3502924120078

Listed by RE/MAX Results

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— 2121 13th Ave S —

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Schools serving 2121 13th Ave S

School District:Minneapolis Public School District
NameGradesDistance
Andersen Community
1098 Andersen Lane, Minneapolis, MN 55407
6-80.5 mi
Folwell Arts Magnet
3611 20th Avenue South, Minneapolis, MN 55407
PK-51.8 mi
South Senior High School
3131 19th Avenue South, Minneapolis, MN 55407
9-121.2 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 2121 13th Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/19/2026
Listed
$649,000
29.8%
MLS
6/03/2022
Sold
$500,000
—
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 2121 13th Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,300
-58%
$594,300
20%
2024
$5,455
25%
$497,000
-8%
2023
$4,370
-47%
$539,000
7%
2023
$8,253
—
$505,000
100%
2023
$8,253
6665%
100%
2020
$122
—
100%
2019
$122
8%
100%
2018
$113
—
—
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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2121 13th Avenue S, Minneapolis, MN 55404 (MLS# 7105569) is a Multi-Family property with 4 units containing 12 bedrooms and 0 full bathrooms. 2121 13th Avenue S is currently listed for $649,000 and was received on July 19, 2026. Want to learn more about 2121 13th Avenue S? Do you have questions about finding other Multi-Family real estate for sale in Ventura Village? You can browse all Ventura Village real estate or contact a Coldwell Banker agent to request more information.

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