Property for Sale in Minneapolis
2409 Lyndale S Avenue
Minneapolis, MN 55405

Price
$963,500

MLS #
6785866

Status
Active


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Property Details

Year Built
1911

Square Feet
7,500

Parking Features
Carport,Detached,Paved

Zoning
Business/Commercial

2025 Property Taxes
$15,753

School District
Minneapolis

County
Hennepin


The property consists of 4 residential units (two 2-bedroom units and two 1-bedroom units) and 2 commercial units, including a bakery. All the units, except residential unit 202, are owned by one owner. The property has been converted to condos so each of the 6 units has its own PID. Potential for owner-occupant to purchase one of the residential unit 202. The owner of unit 202 currently owns the only garage in the back plus 2 parking spaces on the back side of the property. The entire site has 15 parking spaces. Heating updates are in process including on-demand hot water for unit heat in 4 units. Cap Rate: 7.15%. Gross Potential Income $122,000+. High visibility location. Open to creative financing.


394 to Lyndale and home is on the left


394 to Lyndale and home is on the left

Features


Utilities
Electric Common,Electric Separate,Heating Common,Heating Separate,Hot Water Common,Hot Water Separate

Cooling
Window Unit(s)

Heating
Boiler,Forced Air

Sewer
City Sewer - In Street

Water
Public

Additional Info


Includes
Dishwasher,Range,Refrigerator

Listed By
Jerry Lindeen of Metro Group Real Estate

Listed
09/11/25 and last updated 10/08/25

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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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