Three-Property Quadplex
New
For Sale
$2,375,000
220 / 230 / 240 Hallam Avenue, Mahtomedi, MN 55115
Commercial Sale, Mahtomedi, MN
Property SizeContact for details
Lot Size0.68 Acres
Days on Market2
Property Features for 220 / 230 / 240 Hallam Avenue
General Information
Property type
Commercial Sale
Property subtype
Apartment
Zoning description
Residential-Multi-Family
Rooms
Basement
Parking features
Garage
Patio and Porch features
Deck
Appliances
Dishwasher, Exhaust Fan/Hood, Range, Refrigerator
Subdivision
Mallard Shores
High school district
Mahtomedi
Directions
Highway 36 to Hilton Trail to Hallam
Standard status
Active
Lot size
0.68 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
23880
Utilities
Heating system
Forced Air
Cooling system
Wall Unit(s)
Amenities
decks
Building Details
Year built
1985
Building materials
Brick
Listing Agency:
Keller Williams Premier Realty · Keller Williams Realty
(651) 439-4000
Listed By:
Brigg Backer
(651) 379-5252
Added: Sep 17
Last Checked: Sep 18 at 10:06AM
MLS# 7145914
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.
This offering includes three separate quadplex buildings that may be acquired as a group or individually. Each property contains similar three-bedroom, one-bath units with practical floor plans, and many residences have received updates. Decks provide private outdoor space, while tandem two-car garages extend 30 feet in depth. Basement space is also included.
The buildings occupy approximately 0.683 acres and were constructed in 1985 with brick exteriors. Property features include forced-air heating, wall-unit cooling, dishwashers, ranges, refrigerators, and exhaust hoods. Garage parking is provided for the residences, and the portfolio can accommodate buyers seeking either a multi-property acquisition or a single quadplex.
The buildings occupy approximately 0.683 acres and were constructed in 1985 with brick exteriors. Property features include forced-air heating, wall-unit cooling, dishwashers, ranges, refrigerators, and exhaust hoods. Garage parking is provided for the residences, and the portfolio can accommodate buyers seeking either a multi-property acquisition or a single quadplex.
Key Highlights
- Three separate quadplex buildings available together or individually
- Each unit offers 3 bedrooms and 1 bath
- Tandem 2‑car garages with 30ft depth
Property Analytics
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Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
195
Businesses Nearby
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Business Placement
Demographics for 55115, MN
8,880
Population
3,408
Households
2.6
Avg Household Size
45
Median Age
63%
College-Educated
98%
High-School Grad
6.1 sq mi
ZIP Area
1,456
Density / Sq Mi
$132,796
Median Household Income
$71,786
Median Earnings
$1,510
Median Rent
$481,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Brick multifamily buildings offer updated units, private decks, and tandem garage parking.
Where is this quadplex located?
The property is located at 220 / 230 / 240 Hallam Avenue Mahtomedi, MN.
What is the asking price?
The asking price for this property is $2,375,000.
What are key features of this property?
This property features: Three separate quadplex buildings available together or individually; Each unit offers 3 bedrooms and 1 bath; Tandem 2‑car garages with 30ft depth
