3548 PORTLAND AVENUE

3548 Portland Avenue, Minneapolis, 55407, MN

DETAILS

Fantastic opportunity to own a solid 4-unit property in a prime South Minneapolis location. Each unit offers 2 bedrooms and 1 bathroom with functional layouts that attract long-term tenants. The building is fully occupied and currently generates $5,601 per month in rents, with clear potential for increases over time. Two units are occupied by long-term residents, providing stability and reliable cash flow. This property is an excellent fit for both investors and owner-occupants. Live in one unit while the other three help cover your mortgage, or continue operating as a fully rented income property. Conveniently located near parks, restaurants, and major commuting routes, this building combines strong rental performance with everyday livability. Don’t miss your chance to secure a well-maintained multifamily property with both income and equity growth potential.

INTERIOR

  • Bedrooms: N/A

  • Fin ft² / Living Area: 4096 ft²

  • Below Ground Living: N/A

  • Bathrooms: N/A

  • Above Ground Living: 4096ft²

  • Basement Details: Daylight/Lookout Windows, Full, Concrete,

  • Appliances Included:

EXTERIOR

  • Air Conditioning: N/A

  • Garage Spaces: N/A

  • Construction Materials: N/A

  • Foundation Size: 2048ft²

  • Unit Amenities:

  • Heating System:

    • Boiler

LOT

  • Acres: N/A

  • Lot Size Dim.: 42.00 X 120.00

  • Longitude: 44.9381

  • Latitude: -93.268

  • Zoning: Residential-Multi-Family

FINANCIAL & TAXES

  • Tax year: 2025

  • Tax annual amount: $9,502

MISCELLANEOUS

  • Fuel System: N/A

  • Sewer System: City Sewer/Connected

  • Water System: City Water/Connected

ADDITIONAL INFORMATION

  • MLS#: NST7801247

  • Listing Brokerage: Algo Realty Inc Agency Icon

ID: 4107370
Published: September 13, 2025
Last Update: September 13, 2025
Views: 2