Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$1,020,000

  • For Sale
  • Active
  • Commercial
  • 5,070 Sq. Ft.
  • 0.24 Acres
See This Home
Save This Home
See This Home
Save This Home
Well-maintained 8-unit brick apartment building located in the desirable Regina neighborhood within the Nokomis community of Minneapolis. Built in 1960, this two-story property offers 5,070 finished square feet and a highly rentable unit mix of seven 1-bedroom units and one studio/efficiency. Each unit features its own forced-air furnace, with residents paying their own heat - a major operational advantage that helps control owner expenses. The building also includes coin-operated laundry for additional income and convenient off-street parking for tenants. Solid brick construction, individual mechanical systems, and a straightforward unit mix make this a stable, easy-to-manage asset. The property is also an ideal candidate for enrollment in the Minneapolis 4d Affordable Housing Program, offering the potential for a reduced property tax rate in exchange for maintaining qualifying affordable rents. Situated in a strong South Minneapolis location near parks, shopping, transit, and major corridors, this property appeals to long-term renters seeking convenience and neighborhood charm. Excellent opportunity for investors seeking steady cash flow with additional upside through tax optimization. Owner is a licensed agent but not the listing agent.

Full Property Details for 4525 4th Ave S

General

  • Price: $1,020,000
  • Taxes: $11,577 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7028179
  • Updated: 5/4/2026
  • Added to Site: 77 day(s) ago

Interior

  • Appliances: Range, Refrigerator
  • Flooring: Carpet, Wood

Parking

  • Parking Features: Asphalt

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: F A Savages Portland Ave Add
  • Neighborhood: 66
  • Driving Directions: From 35W, exit onto 46th ST E. Go East until you reach 4th Ave. Go North. Property is on the right (the East side).

School Information

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

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Separate, Heating Separate, Hot Water Common

Structural Information

  • Basement: Yes
  • Foundation Size: 2535
  • Roof: Age 8 Years or Less, Pitched
  • Disability Access: None
  • Square Feet: 5,070
  • Finished Down/Base.: 5,070 Sq. Ft.
  • Current Bldg. Use: Residential
  • Year Built: 1960

Lot Features

  • Lot Size (Acres): 0.24
  • Lot Dimensions: 80 x 129
  • Zoning: Residential-Multi-Family
  • Lot Description: Light Tree Coverage

Financial Considerations

  • Operating Expenses: $34,329
  • Tax Amount: $11,577.2
  • Tax Year: 2025
  • Terms: Conventional, Cash
  • Owner Pays: Exterior Maintenance, Grounds Care, Hot Water, Insurance, Repairs, Sewer, Snow Removal, Taxes, Trash Collection, Water
  • Tenant Pays: Electricity, Gas, Heat
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays
  • Pays Heat: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: BLOCK 007 F A SAVAGES PORTLAND AVE ADDN TO MPLS LOTS 24 AND 25
  • Inclusions: Building, Leases
  • Property ID: 1002824440166

Listed by Peritus Real Estate

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 4525 4th Ave S —

  • Peritus Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Schools serving 4525 4th Ave S

School District:Minneapolis Public School District
NameGradesDistance
Field Elementary School
4645 4th Avenue South, Minneapolis, MN 55419
3-50.2 mi
Hale Elementary School
5330 13th Avenue South, Minneapolis, MN 55417
K-21.2 mi
Justice Page Middle School
1 West 49th Street, Minneapolis, MN 55419
6-80.7 mi
Washburn Senior High School
201 West 49th Street, Minneapolis, MN 55419
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 4525 4th Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/04/2026
Price Reduced
$1,020,000
-0.49%
MLS
3/11/2026
Listed
$1,025,000
—
MLS
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 4525 4th Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,040
10%
$632,000
-3%
2023
$10,979
2%
$652,000
-3%
2023
$10,805
—
$672,000
15%
2023
$10,805
15%
$584,000
10%
2020
$9,386
12%
$530,700
14%
2019
$8,417
11%
$463,500
12%
2018
$7,593
7%
$414,000
9%
2017
$7,111
-3%
$379,500
—
2016
$7,329
10%
$379,500
15%
2015
$6,679
-3%
$330,000
5%
2014
$6,858
-1%
$315,000
—
2013
$6,895
—
$315,000
—
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.

Estimate the Cost for 4525 4th Ave S

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Peritus Real Estate

Similar Properties near 4525 4th Ave S

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

3125 3rd Ave S, Minneapolis, MN 55408 - Photo 1
$1,035,000

3125 3rd Ave S  Minneapolis, MN 55408

  • Commercial
  • Active
  • Updated 2 hours ago
  • 9,450
    Sq. Ft.
  • 0.13
    Acres
Listed by AXEN Realty
5733 Bossen Terrace, Minneapolis, MN 55417 - Photo 1
$939,900

5733 Bossen Terrace  Minneapolis, MN 55417

  • Commercial
  • Active
  • 6,383
    Sq. Ft.
  • 0.23
    Acres
Listed by Keller Williams Premier Realty Lake Minnetonka
1001 E 24th St, Minneapolis, MN 55404 - Photo 1
$1,100,000

1001 E 24th St  Minneapolis, MN 55404

  • Commercial
  • Active
  • 7,172
    Sq. Ft.
  • 4,510
    Acres
Listed by Realty Inc
2205 Pleasant Ave, Minneapolis, MN 55404 - Photo 1
$980,200

2205 Pleasant Ave  Minneapolis, MN 55404

  • Commercial
  • Active
  • Updated 6 days ago
  • 9,546
    Sq. Ft.
  • 0.25
    Acres
Listed by Metro Group Real Estate

Just Listed near 4525 4th Ave S

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

3218 Old Hwy 8, Saint Anthony, MN 55418 - Photo 1 Just Listed
$375,000

3218 Old Hwy 8  Saint Anthony, MN 55418

  • Townhouse
  • Active
  • Updated 8 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,787
    Sq. Ft.
Listed by Lakes Sotheby's International Realty
1405 Skyline Dr, Golden Valley, MN 55422 - Photo 1 Just Listed
$1,100,000

1405 Skyline Dr  Golden Valley, MN 55422

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 3
    Total Baths
  • 3,448
    Sq. Ft.
Listed by Edina Realty, Inc.
1660 Carriage Path, Golden Valley, MN 55422 - Photo 1 Just Listed
$1,350,000
Open House

1660 Carriage Path  Golden Valley, MN 55422

  • Single Family
  • Active
  • Updated 21 hours ago
  • 3
    Beds
  • 4
    Total Baths
  • 4,599
    Sq. Ft.
Listed by Edina Realty, Inc.
2101 Regent Ave N, Golden Valley, MN 55422 - Photo 1 Just Listed
$535,000

2101 Regent Ave N  Golden Valley, MN 55422

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
  • 2,346
    Sq. Ft.
Listed by RE/MAX Elite

Price Reduced near 4525 4th Ave S

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

3632 Roosevelt St NE, Saint Anthony, MN 55418 - Photo 1 Price Reduced
-$25,000 (-4.17%)
$575,000
Open House

3632 Roosevelt St NE  Saint Anthony, MN 55418

  • Single Family
  • Active
  • Updated 2 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 2,004
    Sq. Ft.
Listed by Keller Williams Classic Rlty NW
2601 Kenzie Terrace, Saint Anthony, MN 55418 - Photo 1 Price Reduced
-$5,000 (-2.86%)
$169,900

2601 Kenzie Terrace  #330  Saint Anthony, MN 55418

  • Condo
  • Active
  • Updated 3 hours ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,107
    Sq. Ft.
Listed by P.S. Real Estate, LLC
2905 Townview Ave NE, Saint Anthony, MN 55418 - Photo 1 Price Reduced
-$25,000 (-4.55%)
$524,900

2905 Townview Ave NE  Saint Anthony, MN 55418

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
  • 2,052
    Sq. Ft.
Listed by Re/Max Advantage Plus
6042 Golden Valley Rd, Golden Valley, MN 55422 - Photo 1 Price Reduced
-$4,000 (-1.83%)
$214,900

6042 Golden Valley Rd  Golden Valley, MN 55422

  • Townhouse
  • Active
  • Updated 5 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,598
    Sq. Ft.
Listed by eXp Realty

Recent Sales near 4525 4th Ave S

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

405 Tarrymore Ave, Minneapolis, MN 55419 - Photo 1 Sold
$960,000

405 Tarrymore Ave  Minneapolis, MN 55419

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 3,053
    Sq. Ft.
Listed by Edina Realty, Inc.
Sold by Keller Williams Realty Integrity
4920 1st Ave S, Minneapolis, MN 55419 - Photo 1 Sold
$900,000

4920 1st Ave S  Minneapolis, MN 55419

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 2,866
    Sq. Ft.
Listed and Sold by Rare Form Properties
4740 12th Ave S, Minneapolis, MN 55407 - Photo 1 Sold
$940,000

4740 12th Ave S  Minneapolis, MN 55407

  • Single Family
  • Closed
  • 4
    Beds
  • 4
    Total Baths
  • 2,856
    Sq. Ft.
Listed by RES Realty
Sold by Edina Realty, Inc.
4637 Aldrich Ave S, Minneapolis, MN 55419 - Photo 1 Sold
$870,000

4637 Aldrich Ave S  Minneapolis, MN 55419

  • Single Family
  • Closed
  • 4
    Beds
  • 4
    Total Baths
  • 2,800
    Sq. Ft.
Listed by Adam Bury and Alicia Patzer
Sold by Keller Williams Realty Integrity Lakes

4525 4th Avenue S, Minneapolis, MN 55419 (MLS# 7028179) is a Commercial property. 4525 4th Avenue S is currently listed for $1,020,000 and was received on March 11, 2026. Want to learn more about 4525 4th Avenue S? Do you have questions about finding other Commercial real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.

Tour this property