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
Property type : Duplex Side by Side
Zip code: 55412
Street: 4255 Thomas Avenue
Street: 4255 Thomas Avenue
Bathrooms: 4
Year: 1940
Listing Brokerage: VSM Real Estate LLC
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.
Bedrooms: 4
Fin ft² / Living Area: 2550 ft²
Below Ground Living: 600ft²
Bathrooms: 4
Above Ground Living: 1950ft²
Basement Details: Finished,
Appliances Included:
Air Conditioning: N/A
Garage Spaces: 2
Construction Materials: N/A
Foundation Size: 1600ft²
Unit Amenities:
Heating System:
Acres: N/A
Lot Size Dim.: 60x102
Longitude: 45.0332
Latitude: -93.314
Zoning: Residential-Multi-Family,Other
Tax year: 2026
Tax annual amount: $6,887
Fuel System: N/A
Sewer System: City Sewer/Connected
Water System: City Water/Connected
MLS#: NST7930888
Listing Brokerage: VSM Real Estate LLC ![]()