Home for Sale in Minneapolis
4255 Thomas N Avenue
Minneapolis, MN 55412

Price
$399,000

MLS #
7105318

Status
Active


Request Showing

Property Details

No. of Units
4

Year Built
1940

Square Feet
2,200

Acres
0.14

2026 Property Taxes
$6,887

School District
Minneapolis

County
Hennepin


4-Unit Multi-Family (non-conforming) investment opportunity with strong income potential! This fully leased 4 unit property offers 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 (zoned as a DUPLEX), 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. Tenant leases 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. Tenants are charged a monthly flat fee for electricity, gas, water, sewer & trash. This amount is already wrapped into the monthly rent that was stated. Buyer and Buyer's Agent to verify all details, including square footage. 24 Hour Tenant Notice required for showings.


From Hwy 100, exit on N 42nd Ave and head East. This road turns into Lake Dr. Turn Right / South on Memorial Parkway, Turn Left / East on N 42nd Ave, Turn Left / North on N Thomas Ave. Home is on the left just before N 43rd Ave.


From Hwy 100, exit on N 42nd Ave and head East. This road turns into Lake Dr. Turn Right / South on Memorial Parkway, Turn Left / East on N 42nd Ave, Turn Left / North on N Thomas Ave. Home is on the left just before N 43rd Ave.

Unit Information


Unit 1

Unit 2

Unit 3

Unit 4

Features


Heating
Baseboard,Forced Air

Sewer
City Sewer/Connected

Water
Public

Lot Size
60x102

Foundation
Other

Additional Info


Listed By
Stacy Churchill of Fuze Real Estate

Listed
07/07/26 and last updated 07/18/26

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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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