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$519,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 1 Total Beds
  • 5 Car Garage
  • Updated 9 days ago
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Four-unit property with Northeast character in a great location of the Beltrami neighborhood. Grocery stores, restaurants, breweries, and the University of Minnesota all in close proximity. All units are currently rented month-to-month with long-term tenants in place. The property includes two 2-bedroom units on the upper floor and two 1-bedroom units on the main level. Unit 1 was originally a neighborhood storefront during the roaring '20s, adding a colorful chapter of local history to the property. Additional income opportunities include rent growth, RUBS implementation, monetizing the 5 garage spaces, and pet rent (building is dog-friendly). Large lot with yard adds further tenant appeal. Unit 1 - 672 sqft (1BR/1BA) - $1,000 Unit 2 - 588 sqft (1BR/1BA) - $950 Unit 3 - 672 sqft (2BR/1BA) - $1,050 Unit 4 - 588 sqft (2BR/1BA) - $1,000 Building Improvements: Roof: New in 2017 Garage Roof: New 2026 Boiler: New in 2013 Plumbing: PEX, 2013 Water Heaters: Replaced in 2013 Operating Expense Taxes: $9,381 Water + Solid Waste: $4,131 Insurance: $2,481 Gas : $2,769 Electric: $500

Full Property Details for 456 Buchanan St NE

General

  • Price: $519,000
  • Taxes: $8,571 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7087862
  • Updated: 6/15/2026
  • Added to Site: 10 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1

Other Rooms

  • Laundry: In Basement, In Basement

Parking

  • Garage: Yes
  • Garage Spaces: 5
  • Parking Features: Detached Garage

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Ramsey Lockwood & Others Add St Anth
  • Neighborhood: 4
  • Driving Directions: Southwest corner of Buchanan St NE and Spring St NE

School Information

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

Heating & Cooling

  • Heating Type: Radiator, Radiant
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer in Street
  • Water: City Water (In-Street)

Structural Information

  • Basement: Yes
  • Basement Desc.: Block
  • Foundation Size: 1344
  • Roof: Flat
  • Disability Access: None
  • Square Feet: 2,688
  • Above Ground: 2,688 Sq. Ft.
  • Below Ground: 1,344 Sq. Ft.
  • Finished Down/Base.: 4,032 Sq. Ft.
  • Year Built: 1910

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Dimensions: 39.30 x 131.00
  • Lot Description: Corner Lot

Financial Considerations

  • Operating Expenses: $20,000
  • Tax Amount: $8,571
  • Tax Year: 2025
  • Owner Pays: Gas, Sewer, Trash Collection, Water
  • Tenant Pays: Broadband, Cable TV, Electricity
  • Pays Cable: Tenant Pays
  • Pays Electric: Tenant Pays
  • Pays Gas: Owner Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: LOT 001 BLOCK 015 RAMSEY LOCKWOOD & OTHERS ADDN ST ANTH
  • Property ID: 1302924340007

Listed by Lifestyles

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— 456 Buchanan St NE —

  • Lifestyles

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Schools serving 456 Buchanan St NE

School District:Minneapolis Public School District
NameGradesDistance
Pillsbury Elementary School
2250 Northeast Garfield Street, Minneapolis, MN 55418
PK-51.1 mi
Northeast Middle School
2955 Hayes Street Northeast, Minneapolis, MN 55418
6-81.9 mi
Edison Senior High School
700 22nd Avenue Northeast, Minneapolis, MN 55418
9-121.1 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 456 Buchanan St NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/14/2026
Listed
$519,000
294.68%
MLS
5/08/2013
Sold
$131,500
—
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 456 Buchanan St NE

Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,872
12%
$470,000
-5%
2023
$7,934
—
$496,000
1%
2023
$7,938
—
$493,000
15%
2023
$7,938
26%
$428,500
20%
2020
$6,311
15%
$357,000
18%
2019
$5,490
9%
$302,500
10%
2018
$5,043
10%
$275,000
12%
2017
$4,602
1%
$245,500
4%
2016
$4,545
7%
$235,000
12%
2015
$4,261
-33%
$210,000
-28%
2014
$6,388
-5%
$292,500
2%
2013
$6,705
—
$285,500
—
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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456 Buchanan Street NE, Minneapolis, MN 55413 (MLS# 7087862) is a Multi-Family property with 4 units containing 1 bedroom and 0 full bathrooms. 456 Buchanan Street NE is currently listed for $519,000 and was received on June 14, 2026. Want to learn more about 456 Buchanan Street NE? 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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