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Updated Four-Unit Multifamily Property
For Sale
$634,000

2121 13th Avenue S, Minneapolis, MN 55404

Residential Income, Minneapolis, MN

Property Size5,542 SF
Lot Size0.11 Acres
Price / SF$114.40
Days on Market70

Property Features for 2121 13th Avenue S

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 12
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 9, Bedroom 8, Bedroom 6, Bedroom 12, Bathroom 2, Bathroom 5, Basement, Bedroom 10, Bathroom 1, Bedroom 5, Bedroom 11, Bedroom 1, Laundry Room, Bedroom 4, Bedroom 3, Bathroom 6, Bathroom 4, Bedroom 7, Bathroom 3, Bedroom 2
Subdivision Eliots Add
High school district Minneapolis
Directions From 39E take exit 9A for 12th St. Continue onto Hawthorn Ave. Turn right onto N 10th St. Turn left onto E 14th St. Turn right onto Chicago Ave. Turn left onto E Franklin Ave. Turn right onto 11th Ave S. Turn left onto 13th Ave. S to the 4-plex on the right.
Standard status Active
APN 3502924120078
Size 5,542 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 2300

Utilities

Heating system Baseboard, Oil

Building Details

Year built 1900
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Michael Weber
Added: Jul 19 Changed: Sep 24 Last Checked: Sep 26 at 7:06AM
MLS# 7105569

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1900, this 5,542-square-foot quadplex contains four residential units on a 0.11-acre parcel. Recent capital work includes metal siding installed in 2025, a roof replaced in 2024, updated windows, newer high-efficiency boilers, and water heaters. Three units have also received new flooring and interior paint. Heating is provided by oil and baseboard systems.

The property participates in the City of Minneapolis 4d Affordable Housing Incentive Program, which provides property tax savings. Its Minneapolis location and four-unit configuration support continued use as a residential income property, while the completed improvements address major exterior, mechanical, and interior components.

Key Highlights

  • Four‑unit quadplex measuring 5,542 square feet
  • 0.11‑acre parcel with a 1900 construction date
  • New metal siding installed in 2025

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Electrical Service Home Appliance Store Veterinary Clinic Real Estate Agency (Bike/Boat/Book/etc) Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

3,365
Businesses Nearby

Demographics for 55404, MN

29,322
Population
14,372
Households
2
Avg Household Size
32
Median Age
35%
College-Educated
81%
High-School Grad
1.8 sq mi
ZIP Area
16,290
Density / Sq Mi
$43,932
Median Household Income
$35,970
Median Earnings
$1,063
Median Rent
$294,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Well-maintained rental property with recent exterior, mechanical, and interior improvements in Minneapolis.
Where is this quadplex located?
The property is located at 2121 13th Avenue S Minneapolis, MN.
What is the asking price?
The asking price for this property is $634,000.
What are key features of this property?
This property features: Four‑unit quadplex measuring 5,542 square feet; 0.11‑acre parcel with a 1900 construction date; New metal siding installed in 2025
More about this property
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