2416 4th Ave S

4
Baths
3,200 Sq. Ft.
$133 / Sq. Ft.
3,200
Sq. Ft.
$133
per Sq. Ft.

Description

Welcome to this turnkey 4-plex! This well-maintained property offers four 1-bedroom, 1-bathroom units, each featuring hardwood floors, a kitchen, and a confortable living area. Convenient parking includes four dedicated spaces behind the building, along with additional on-street options. Perfect for both new and seasoned investors, this property is ideally located near bus lines, dining, entertainment, downtown Minneapolis, and easy access to I-52 and I-94. With strong rental demand in the area and...Welcome to this turnkey 4-plex! This well-maintained property offers four 1-bedroom, 1-bathroom units, each featuring hardwood floors, a kitchen, and a confortable living area. Convenient parking includes four dedicated spaces behind the building, along with additional on-street options. Perfect for both new and seasoned investors, this property is ideally located near bus lines, dining, entertainment, downtown Minneapolis, and easy access to I-52 and I-94. With strong rental demand in the area and potential to increase rents, this 4-plex is a solid opportunity to expand or begin your investment portfolio. Buyer/Buyer's agent to verify all information and measurements.
  1. Listed by Re/Max Advantage Plus

Property Details for 2416 4th Avenue South

Neighborhood
84
Zoning Jurisdiction
Residential-Multi-Family
LISTING UPDATED: 01/20/2026 01:19 PM

Property Details for 2416 4th Avenue South

StatusActive
MLS #6780431
Days on Compass33
Taxes$8,663 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1914
Lot Size0.13 AC / 5,662 SF
CountyHennepin County

Location

Listing Courtesy of Re/Max Advantage Plus
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Building Information for 2416 4th Avenue South

Stories-Residences4Year Built1914Building Size-Lot Size0.13 AC / 5,662 SF

Payment Calculator

$2,793 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,071

Property Taxes

$722

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2416 4th Avenue South

Summary
Location and General Information
  • City Name: Minneapolis
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: From Franklin, go South on 4th Avenue South, the property is on the Right side of the road.
  • Latitude: 44.9585727202
  • Longitude: -93.2705849691
  • Map Coordinate: 106-D3
  • City and Location: Minneapolis
  • City and Location Text: Minneapolis(MN)
  • Postal Code: 55404
  • State Or Province: MN
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 3402924140073
  • Tax Annual Amount: $8,663.00
  • Tax Legal Description: LOT 005 HANSONS TWENTY FOURTH ST RGT MPLS
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
  • Tax With Assessments: 8663
School Information
  • High School District: 558 - Minneapolis
  • School District Number: 558
  • School District Phone: 6126680000
Property
Lot Information
  • Above Grade Fin SQFT: 3200.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 3200.0
  • Living Area Units: Square Feet
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Light
  • Lot Size Area: 0.13
  • Lot Size Dimensions: 47x127x44x127
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • SQFT Main Total: 1600
  • Above Grade SqFt Total: 1600
  • Below Grade SqFt Total: 0
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 1600.0
  • Fuel: Natural Gas
  • Pool Features: None
  • Road Frontage Type: City Street
  • Roof: Age Over 8 Years
  • Patio Porch Type: Deck
Interior Features
  • Basement Type: Block
  • Bathrooms Total Count: 4
  • Bedrooms Total: 4
  • DP Resource: Yes
  • Garage Square Feet: 0
  • Heating: Boiler
  • Levels: Two
  • Number of Refrigerator: Four
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Amenities: Deck
  • Unit Appl: Range, Refrigerator
  • Unit Bath Description: Main Floor Full Bath
  • Unit Bath Full: 1
  • Unit Cool System: Wall
  • Unit Rooms Total: 5
  • Unit SqFt: 850
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Dining Room Description: Informal Dining Room
  • Unit Is Leased: Y
  • Unit Level: Main Level
  • Unit Type Total Rent: 1225
  • Unit Furnished: Unfurnished
Unit 2
  • Unit Appl: Range, Refrigerator
  • Unit Bath Description: Main Floor Full Bath
  • Unit Bath Full: 1
  • Unit Parking: 1
  • Unit Rooms Total: 5
  • Unit SqFt: 850
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Dining Room Description: Informal Dining Room
  • Unit Is Leased: N
  • Unit Level: Main Level
  • Unit Type Total Rent: 1225
  • Unit Furnished: Unfurnished
Unit 3
  • Unit Appl: Range, Refrigerator
  • Unit Bath Description: Main Floor Full Bath
  • Unit Bath Full: 1
  • Unit Cool System: Wall
  • Unit Rooms Total: 5
  • Unit SqFt: 850
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Dining Room Description: Informal Dining Room
  • Unit Is Leased: Y
  • Unit Level: 2nd Level
  • Unit Type Total Rent: 1100
  • Unit Furnished: Unfurnished
Unit 4
  • Unit Appl: Range, Refrigerator
  • Unit Bath Description: Main Floor Full Bath
  • Unit Bath Full: 1
  • Unit Cool System: Wall
  • Unit Rooms Total: 5
  • Unit SqFt: 850
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Dining Room Description: Informal Dining Room
  • Unit Is Leased: Y
  • Unit Level: 2nd Level
  • Unit Type Total Rent: 1175

Property History for 2416 4th Avenue South

DateEvent & SourcePriceAppreciation
Jan 20, 2026

Price Change

NorthStar #6780431

$425,000—
Oct 24, 2025

Price Change

NorthStar #6780431

$449,000—
Sep 11, 2025

Listed (Active)

NorthStar #6780431

—
May 9, 2025

Off Market

NorthStar #6412624

—
Dec 10, 2024

Price Change

NorthStar #6412624

$450,000—
Aug 4, 2023

Listed (Active)

NorthStar #6412624

$520,000—
Jul 19, 2018

Sold (Public Record)

Public Record #627348673

$450,000

+24.6% / yr

Mar 16, 2017

Sold (Public Record)

Public Record #590514267

$335,000

+8.7% / yr

Oct 30, 2014

Sold (Public Record)

Public Record #482939552

$275,000

+3.4% / yr

Apr 18, 2005

Sold (Public Record)

Public Record #155858290

$200,000—
DateEvent & SourcePrice
01/20/2026

Price Change

NorthStar #6780431

$425,000
10/24/2025

Price Change

NorthStar #6780431

$449,000
09/11/2025

Listed (Active)

NorthStar #6780431

—
05/09/2025

Off Market

NorthStar #6412624

—
12/10/2024

Price Change

NorthStar #6412624

$450,000
08/04/2023

Listed (Active)

NorthStar #6412624

$520,000
07/19/2018

Sold (Public Record)

Public Record #627348673

$450,000

+24.6% / yr

03/16/2017

Sold (Public Record)

Public Record #590514267

$335,000

+8.7% / yr

10/30/2014

Sold (Public Record)

Public Record #482939552

$275,000

+3.4% / yr

04/18/2005

Sold (Public Record)

Public Record #155858290

$200,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2416 4th Avenue South

Taxable ValueLand$112,700Additions$362,300Total$475,000
Tax Record2025$8,663 ($722 / month)
Home Facts
Total Finished SqFt2,920 SqFtAbove Grade Finished SqFt2,920 SqFtStories2Lot Size5,663 SqFtStyleMulti-Family Res (5+ Units)Year Built1914ZoningR4CountyHENNEPINAPN34-029-24-14-0073

Schools near 2416 4th Avenue South

This home is within Minneapolis Public School Dist..
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 3 to 8
Rating
School
Distance
Whittier International
PublicPK to 5

Andersen Middle
Public6 to 8

South Senior High School
Public9 to 12

Lk Nokomis Community-Keewaydin Campus
Public3 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

2416 4th Avenue South is a multi-family home for sale in Minneapolis, MN 55404. This property was listed for sale on September 11, 2025 by Re/Max Advantage Plus, it's currently listed at $425,000. It has been on the market for a total of 33 days and was last sold on July 19, 2018. This listing's school district is Minneapolis Public School Dist.. Nearby schools include Whittier International, Andersen Middle and South Senior High School. 2416 4th Avenue South is a 4-bed, 4-bath, 3,200 sqft multi-family home built in 1914.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Re/Max Advantage Plus

Based on information submitted to the MLS GRID as of 01/20/2026 01:19 PM. All data is obtained from various sources and may not have been verified by 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and 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. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.