Home for Sale in Minneapolis
2316-18 Aldrich S Avenue
Minneapolis, MN 55405

Price
$849,000

MLS #
6779599

Status
Active


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Property Details

No. of Units
4

Year Built
1900

Square Feet
7,470

Acres
0.15

2025 Property Taxes
$10,669

School District
Minneapolis

County
Hennepin


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 $1,390/month at $1,390 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.


Lyndale Ave N to 24th St west to Aldrich north to property.


Lyndale Ave N to 24th St west to Aldrich north to property.

Unit Information


Unit 1

Unit 2

Unit 3

Unit 4

Features


Heating
Boiler,Forced Air,Hot Water

Sewer
City Sewer/Connected

Water
Public

Additional Info


Listed By
Gary Bennett of Lakes Area Realty

Listed
09/04/25 and last updated 09/07/25

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