4255 THOMAS AVENUE

4255 Thomas Avenue, Minneapolis, 55412, MN

  • Price: $399,000

  • Status type: For Sale

  • City: Minneapolis

  • Neighborhood: 79

  • Bedrooms: 4

  • Property Size :2550

  • Listing Agent: NST21265,NST226166

DETAILS

Turnkey 4-Unit Multi-Family investment opportunity with strong income potential! This fully leased non-conforming duplex property offers 4 separately rented units with a desirable mix of one-bedroom, studio, and two-bedroom layouts, providing diversified rental income and consistent tenant demand. Professionally managed and holding two rental licenses, this property is an excellent addition to an investment portfolio or a great opportunity for an owner looking to expand their holdings. The building features approximately 2,550 finished square feet and has an established occupancy history with leases already in place. Financials, rent roll, tenant leases, and additional due diligence documents are available for qualified buyers. Conveniently located near parks, shopping, restaurants, public transportation, and major commuter routes, this property combines stable occupancy with long-term investment potential. Don't miss this rare opportunity to acquire a fully occupied multifamily asset in Minneapolis. Buyer and Buyer's Agent to verify all details, including square footage. 24 Hour Tenant Notice required for showings.

INTERIOR

  • Bedrooms: 4

  • Fin ft² / Living Area: 2550 ft²

  • Below Ground Living: 600ft²

  • Bathrooms: 4

  • Above Ground Living: 1950ft²

  • Basement Details: Finished,

  • Appliances Included:

EXTERIOR

  • Air Conditioning: N/A

  • Garage Spaces: 2

  • Construction Materials: N/A

  • Foundation Size: 1600ft²

  • Unit Amenities:

  • Heating System:

    • Forced Air
    • Baseboard

LOT

  • Acres: N/A

  • Lot Size Dim.: 60x102

  • Longitude: 45.0332

  • Latitude: -93.314

  • Zoning: Residential-Multi-Family,Other

FINANCIAL & TAXES

  • Tax year: 2026

  • Tax annual amount: $6,887

MISCELLANEOUS

  • Fuel System: N/A

  • Sewer System: City Sewer/Connected

  • Water System: City Water/Connected

ADDITIONAL INFORMATION

  • MLS#: NST7930888

  • Listing Brokerage: VSM Real Estate LLC Agency Icon

ID: 5063220
Published: July 07, 2026
Last Update: July 07, 2026
Views: 1