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$425,000

  • For Sale
  • Active
  • Multi-Family
  • 2 Units
  • 2 Total Beds
  • 2 Car Garage
  • Updated 9 days ago
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Investor alert: Turnkey duplex with proven rental performance and multiple avenues to increase cash flow. Two clean 1BD/1BA units, plus a spacious unfinished lower level-perfect for storage income or future expansion. 2-car garage offers optional rent add-on. Both units are currently vacant, giving you full control over rent resets and tenant selection. High-demand Hiawatha neighborhood supports strong long-term appreciation.

Full Property Details for 4025 42nd Ave S

General

  • Price: $425,000
  • Taxes: $6,201 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6784103
  • Updated: 1/7/2026
  • Added to Site: 35 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Common Area, Lower Level, Sink, Common Area, Lower Level, Sink

Additional Information

  • Shared Amenities: Laundry

Parking

  • Garage: Yes
  • Garage Description: 20 x 20
  • Garage Spaces: 2
  • Parking Features: Detached Garage

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: L D Richardsons Add
  • Neighborhood: 32
  • Driving Directions: Travel north from 46th St on 42nd Ave to home.

School Information

  • School District: 558 - 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.: Block
  • Basement: Yes
  • Basement Desc.: Block, Daylight/Lookout Windows, Full, Shared Access, Storage Space, Unfinished
  • Foundation Size: 1288
  • Roof: Age Over 8 Years, Asphalt
  • Disability Access: None
  • Square Feet: 1,288
  • Above Ground: 1,288 Sq. Ft.
  • Below Ground: 1,288 Sq. Ft.
  • Year Built: 1929

Unit Information

  • Units w/Refrigerators: 2

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Dimensions: 40 x 126
  • Frontage: City Street
  • Zoning: Residential-Multi-Family
  • Lot Description: Light Tree Coverage

Financial Considerations

  • Tax Amount: $6,201
  • Tax Year: 2025
  • Terms: Conventional, Cash
  • Owner Pays: Gas, Sewer, Trash Collection, Water
  • Tenant Pays: Electricity
  • Pays Electric: Tenant Pays
  • Pays Gas: Owner Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: LOT 024 BLOCK 004 L D RICHARDSONS ADDN TO MPLS
  • Property ID: 702823140114

Listed by Edina Realty, Inc.

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— 4025 42nd Ave S —

  • Edina Realty, Inc.

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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 4025 42nd Ave S

School District:Minneapolis Public School District
NameGradesDistance
Hiawatha Elementary School
4201 42nd Avenue South, Minneapolis, MN 55406
K-20.2 mi
Howe Elementary School
3733 43rd Avenue South, Minneapolis, MN 55406
3-50.3 mi
Sanford Middle School
3524 42nd Avenue South, Minneapolis, MN 55406
6-80.6 mi
Roosevelt High School - Sws
4029 South 28th Avenue, Minneapolis, MN 55406
9-120.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4025 42nd Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/12/2025
Listed
$425,000
145.66%
MLS
6/29/2010
Sold
$173,000
—
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 4025 42nd Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,201
12%
$340,000
-2%
2023
$5,551
5%
$347,000
6%
2023
$5,265
—
$327,000
10%
2023
$5,265
4%
$297,000
8%
2020
$5,081
14%
$274,500
18%
2019
$4,457
9%
$232,500
11%
2018
$4,087
7%
$209,500
10%
2017
$3,822
14%
$190,500
10%
2016
$3,346
5%
$173,000
10%
2015
$3,196
2%
$157,500
10%
2014
$3,124
-1%
$143,000
—
2013
$3,141
—
$143,000
—
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 Edina Realty, Inc.

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4025 42nd Avenue S, Minneapolis, MN 55406 (MLS# 6784103) is a Multi-Family property with 2 units containing 2 bedrooms and 0 full bathrooms. 4025 42nd Avenue S is currently listed for $425,000 and was received on December 12, 2025. Want to learn more about 4025 42nd Avenue S? Do you have questions about finding other Multi-Family real estate for sale in Hiawatha? You can browse all Hiawatha real estate or contact a Coldwell Banker agent to request more information.

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