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$550,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 4 Total Beds
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Four unit brick apartment building on the Lyndale corridor where Whittier meets the Wedge, a steady South Minneapolis rental pocket. Blocks to LynLake, the Midtown Greenway and Eat Street, minutes to Uptown, the lakes and downtown. Built in 1912, all one bedroom units, two per floor over a full basement, with off street parking in the rear. Six figures have gone into the mechanicals over the past five years, so the big ticket items are handled. New combination boiler and water heater in each unit (2024), updated electrical panels, gas and electric separately metered with no house meters, and water, sewer and trash billed back through RUBS, so the owner has low utility costs. On site laundry is owned, not leased, and currently free to tenants. Three units leased, one month to month, a fit for an owner occupant in one unit or an investor adding a stabilized, professionally managed building.

Full Property Details for 2641 Lyndale Ave S

General

  • Price: $550,000
  • Taxes: $9,742 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7060338
  • Updated: 8/6/2026
  • Added to Site: 21 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Other Rooms

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

Additional Information

  • Shared Amenities: Laundry

Parking

  • Parking Features: Parking Lot

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Hoblitts Add
  • Neighborhood: 84
  • Driving Directions: 94 to Lyndale Ave S, the property will be on your left / East side of the street just south of Aldi.

School Information

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

Heating & Cooling

  • Heating Type: Boiler
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Block
  • Foundation Size: 1326
  • Disability Access: None
  • Square Feet: 2,652
  • Above Ground: 2,652 Sq. Ft.
  • Below Ground: 1,326 Sq. Ft.
  • Finished Down/Base.: 3,978 Sq. Ft.
  • Year Built: 1912

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Dimensions: 45 x 118

Financial Considerations

  • Tax Amount: $9,742.94
  • Tax Year: 2026
  • Terms: Conventional, VA, FHA
  • Owner Pays: Pest Control
  • Tenant Pays: Electricity, Heat, Hot Water, Sewer, Trash Collection, Water
  • Pays Electric: Tenant Pays
  • Pays Heat: Tenant Pays
  • Pays Trash: Tenant Pays
  • Pays Water: Tenant Pays

Disclosures and Reports

  • Legal Description: LOT 016 BLOCK 002 HOBLITTS ADDN TO MPLS
  • Property ID: 3402924320141

Listed by MRG Realty Partners, LLC

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Listing agents

— 2641 Lyndale Ave S —

  • MRG Realty Partners, LLC

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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 2641 Lyndale Ave S

School District:Minneapolis Public School District
NameGradesDistance
Whittier International
315 West 26th St, Minneapolis, MN 55404
PK-50.2 mi
Andersen Community
1098 Andersen Lane, Minneapolis, MN 55407
6-81.4 mi
South Senior High School
3131 19th Avenue South, Minneapolis, MN 55407
9-122.2 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 2641 Lyndale Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/05/2026
Listed
$550,000
15.79%
MLS
5/30/2023
Sold
$475,000
—
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 2641 Lyndale Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,743
4%
$515,000
—
2025
$9,362
5%
$515,000
-8%
2023
$8,924
7%
$559,000
8%
2023
$8,361
—
$520,000
9%
2023
$8,361
4%
$477,000
5%
2020
$8,038
1%
$454,500
5%
2019
$7,959
13%
$433,000
13%
2018
$7,025
6%
$383,000
8%
2017
$6,642
2%
$354,500
5%
2016
$6,518
10%
$337,500
15%
2015
$5,941
7%
$293,500
15%
2014
$5,552
-1%
$255,000
—
2013
$5,582
—
$255,000
—
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 MRG Realty Partners, LLC

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2641 Lyndale Avenue S, Minneapolis, MN 55408 (MLS# 7060338) is a Multi-Family property with 4 units containing 4 bedrooms and 0 full bathrooms. 2641 Lyndale Avenue S is currently listed for $550,000 and was received on August 05, 2026. Want to learn more about 2641 Lyndale Avenue S? Do you have questions about finding other Multi-Family 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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