Home for Sale in Minneapolis
4433 Aldrich N Avenue
Minneapolis, MN 55412

Price
$329,999

MLS #
6636260

Status
Active


Request Showing

Property Details

No. of Units
2

Year Built
1904

Square Feet
2,665

Acres
0.19

2024 Property Taxes
$4,334

School District
Minneapolis

County
Hennepin


Owner Occupy is not available. This large 2-unit duplex on an oversized corner lot is a fantastic investment opportunity! Both units are fully occupied with long-term Leases, and it meets the 1 percent rule making it a smart choice for investors. The main level unit is 4 bed 1 bath and is currently leased for $1,995.00 a month. The upper unit is a 3 bed 1 bath and is currently leased for $1,550.00 a month. In total this is 7 beds and 2 baths with a total current rental income of $3,545.00 a month. The owner pays for City Water/Sewer and Trash service at an average cost of $275.00 a month. The Electric and Natural Gas utilities are metered separately and paid for by the Tenants. The property features recently refinished hardwood floors throughout, giving it a warm and inviting feel. The main level unit includes a washer and dryer in the unfinished basement, The unfinished basement also has a separate exterior entrance door "Great added value potential" with the possibility to add another unit or add more finished beds and bath for the main floor unit. The property has updated vinyl windows, a fenced yard, and a 2-stall garage with ample parking adding to the property's appeal. The location is ideal with easy access to the bus line and just a 10-minute drive downtown. Don’t miss this opportunity to own a well-maintained fully occupied cash flowing duplex in a great area. Contact us today to schedule a showing!

6636260
Leaflet | Map data © Mapbox contributors

94 East to Lyndale Ave. South on Lyndale, right on 44th left on Aldrich, home is on your right.


94 East to Lyndale Ave. South on Lyndale, right on 44th left on Aldrich, home is on your right.

Unit Information


Unit 1

Unit 2

Features


Electric
Circuit Breakers

Heating
Baseboard,Forced Air

Sewer
City Sewer/Connected

Water
Public

Fencing
Chain Link

Additional Info


Listed By
Cody Wood of Realty ONE Group Choice

Listed
12/02/24 and last updated 05/14/25

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Based on information submitted to the MLS GRID or Trestle as of DATE and TIME. All data is obtained from various sources and may not have been verified by the broker, MLS GRID, or Trestle. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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