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$365,000 -$25,000 (-6.41%) Price Reduced

  • For Sale
  • Active
  • Duplex
  • 2 Beds
  • 2 Total Baths
  • 1,288 Sq. Ft.
  • 2 Car Garage
  • Updated 19 hours 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: $365,000
  • Taxes: $6,201 (2025)
  • Status: Active
  • Type: Duplex
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7016605
  • Updated: 4/7/2026
  • Added to Site: 69 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.
  • Finished Down/Base.: 2,576 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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Listing agent

— 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 ATTOM Data Solutions 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
4/07/2026
Price Reduced
$365,000
-6.41%
MLS
3/10/2026
Price Reduced
$390,000
-4.88%
MLS
2/04/2026
Listed
$410,000
136.99%
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# 7016605) is a Duplex property with 2 bedrooms and 0 full bathrooms. 4025 42nd Avenue S is currently listed for $365,000 and was received on February 04, 2026. Want to learn more about 4025 42nd Avenue S? Do you have questions about finding other Duplex 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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