2316 ALDRICH AVENUE
2316 Aldrich Avenue, Minneapolis, 55405, MN
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Price: $849,000
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Status type: For Sale
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City: Minneapolis
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Neighborhood: Lowry Hill East
Bedrooms: 0
Property Size :5634
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Listing Agent: NST16208,NST46063
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Property type : Quadruplex
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Zip code: 55405
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Street: 2316 Aldrich Avenue
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Street: 2316 Aldrich Avenue
Bathrooms: N/A
Year: 1900
Listing Brokerage: Lakes Area Realty
DETAILS
Great investment 4-plex opportunity with good cash flow. All units are rented and the property has an excellent rental history. Well maintained and updated. New electrical system. Three spacious 2 bedroom one bath units and a large 2-floor 5 bedroom and two bath unit. Separate electrical and gas for each unit. Unit 1 leases for $1,420/month at $1,420 through August 31, 2026. Unit 2 leases for $1,420/month through July 31, 2026. Unit 3 leases for $1,410/month and is a month-to-month contract. Unit 4 leases for $2,440/month through May 31, 2026. Original features include a classic front porch, hardwood floors, leaded glass windows. A driveway is on the Southside of the property. Located in a historically designated area. Highly walkable to the Hennepin and Lyndale corridors with stores, restaurants and entertainment venues close by.
INTERIOR
Bedrooms: N/A
Fin ft² / Living Area: 5634 ft²
Below Ground Living: N/A
Bathrooms: N/A
Above Ground Living: 5634ft²
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Basement Details: Full, Unfinished,
Appliances Included:
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EXTERIOR
Air Conditioning: N/A
Garage Spaces: N/A
Construction Materials: N/A
Foundation Size: 1836ft²
Unit Amenities:
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Heating System:
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- Hot Water
- Forced Air
- Boiler
LOT
Acres: N/A
Lot Size Dim.: 49.58x134.85
Longitude: 44.9594
Latitude: -93.2897
Zoning: Residential-Multi-Family
FINANCIAL & TAXES
Tax year: 2025
Tax annual amount: $10,669
MISCELLANEOUS
Fuel System: N/A
Sewer System: City Sewer/Connected
Water System: City Water/Connected
ADDITIONAL INFORMATION
MLS#: NST7794508
Listing Brokerage: Lakes Area Realty
ID: 4074984
Published: September 04, 2025
Last Update: September 04, 2025
Views: 6
