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Active NEW!
$775,000
/mo Edit
Multi-family:  Four Plex
Built 1961
3,592 sqft • 0.31 acres
Columbia Heights schools
MLS# 6761639
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    Property Description

    Here is your opportunity to own a 12 bedroom 4 plex in the heart of Columbia Heights! Each unit features 3 bedrooms and 1 full bath. With two units currently leased and two units vacant, this is the perfect mix for both investors and owner-occupants looking to house hack or fill with new tenants at market rent. Major capital improvements that have been completed in the past 4 years include: roof, furnaces, A/C units, windows, and sewer liner providing peace of mind and reducing future maintenance costs. Units offer great layouts and solid bones, with potential for cosmetic upgrades to boost rental income even further. Conveniently located near parks, shopping, restaurants, and just minutes to downtown Minneapolis, this property is well-positioned for long-term appreciation and consistent rental demand. Whether you're looking to grow your portfolio or get started in multifamily investing, this Columbia Heights 4plex is a must-see!

    Listing

    Contingency: None
    Price per sq ft: $216
    City: Columbia Heights
    County: Anoka
    State: MN
    Property Style: Four Plex
    Zip Code: 55421
    Subdivision Name: Julian Johnson Add

    Interior

    Living Area: 3,592 ft2
    Ranges: Four
    Refrigerators: Four
    Basement Details: Finished

    Exterior

    Stories: Split Entry (Bi-Level)
    Garage Spaces: 0
    Foundation Size: 1,796 ft2
    Handicap Accessible: Other
    Heating System: Forced Air
    Parking Features: Parking Lot
    Exterior Material:
    • Brick/Stone
    • Stucco
    Roof Details: Age 8 Years or Less

    Lot & Land

    Acres: 0.31
    Geolocation: 45.051578, -93.254047
    Lot Dimensions: 0.3103
    Zoning: Residential-Multi-Family

    Schools

    School District: 13
    District Phone: 763-528-4500

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $4,000
    Tenant Expenses: Electricity, Gas

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $7,779
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,842

    Income

    Annual Gross Income: None

    Units

    Total Units: 4

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Jason Mitchell Group.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.