3548 Portland Avenue, Minneapolis, MN
$609,900
4,096
Square feet
0.12
Acres
About 3548 Portland Avenue
Fantastic opportunity to own a solid 4-unit property in a prime South Minneapolis location. Each unit offers 2 bedrooms and 1 bathroom with functional layouts that attract long-term tenants. The building is fully occupied and currently generates $5,601 per month in rents, with clear potential for increases over time. Two units are occupied by long-term residents, providing stability and reliable cash flow. This property is an excellent fit for both investors and owner-occupants. Live in one unit while the other three help cover your mortgage, or continue operating as a fully rented income property. Conveniently located near parks, restaurants, and major commuting routes, this building combines strong rental performance with everyday livability. Don’t miss your chance to secure a well-maintained multifamily property with both income and equity growth potential.
Features of 3548 Portland Avenue
| MLS® # | 6787348 |
|---|---|
| Price | $609,900 |
| Bathrooms | 0.00 |
| Square Footage | 4,096 |
| Acres | 0.12 |
| Year Built | 1923 |
| Type | Single Family |
| Sub-Type | Fourplex |
| Style | Quadruplex |
| Status | Active |
| Contingency Type | None |
Community Information
| Address | 3548 Portland Avenue |
|---|---|
| Area | Central |
| Subdivision | Clinton Ave Add |
| City | Minneapolis |
| County | Hennepin |
| State | MN |
| Zip Code | 55407 |
Amenities
| Garages | Concrete |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Boiler |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Daylight/Lookout Windows, Full, Concrete |
Exterior
| Construction | Brick/Stone |
|---|
School Information
| District | Minneapolis |
|---|
Additional Information
| Zoning | Residential-Multi-Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $9,502 |
| Tax Year | 2025 |
| Office | Algo Realty Inc |
Listing Details
| Office | Algo Realty Inc |
|---|