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Street View
$359,000
Monthly Est:$1,787
4 Beds
- 4 Baths
2,550sqft
4255 Thomas Ave N, Minneapolis, MN 55412
$359,000
$1,787/moEst:
Get Pre-Approved
Duplex
Built in 1940
$-- HOA
0.14 acre lot
$141/sq.ft
Description
A FREE 1-0 Rate Buydown is being offered by the Seller's Preferred Lender to Owner Occupied Buyers.
This DUPLEX investment opportunity has 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.
- Houzeo last checked: 12 minutes ago
- Listing updated: October 23, 2026 at 6:54 pm
- Listing Provided by: Stacy Churchill (612) 685-3722 | Core Properties (612) 802-9805
- Source: Northstar MLS-MN as distributed by MLS GRID | MLS#: 7105318

Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1940
HOA Fees
-
Finished Area
2,550 sqft
Lot Size
0.14 acre lot
Basement Area
- sqft
MLS Name
Northstar MLS
MLS Number
7105318
Days on Market
119
Cumulative Days on Market
31

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Interior
Heating
Baseboard, Forced Air
Exterior Features
Stone
Sewer
City Sewer/connected
Construction
Year Built
Year Built: 1940
Home type
Duplex
Foundation Details
Other
Utilities & Energy
Laundry Features
In Basement, Lower Level, Laundry Room
Basement
Finished
Water Source
City Water/connected
Parking Features
Detached Garage
Other Features
Lot Features
Corner Lot
Subdivision Name
Victory Park Add
Tenant Pays
Cable Tv, Telephone, See Remarks
Price History
| Date | Event | Price |
|---|---|---|
10/23/2026 Source: | Price Decreased | $359,000 -5.50% $141/sqft |
07/29/2026 Source: | Listed for Sale | $379,900 $149/sqft |
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Based on information submitted to the MLS GRID from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC through Nov 04, 2026, 06:01AM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Information deemed reliable but not guaranteed. The property data presented reflects information otherwise available from public records. The real estate broker participating in MLS and providing this information may not have represented the buyer or seller in some or all of the transactions. Listings courtesy of Northstar MLS as distributed by MLS GRID. © 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
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