4255 Minnehaha Ave Minneapolis, MN 55406
Property details
About 4255 Minnehaha Ave
Experience the original character of this gorgeous brownstone four plex! Modern and renovated kitchens and bathrooms, along with gorgeous hardwood floors throughout. Beautiful built-in hutch with glass doors and a large closet with French doors in each unit. Each unit is on its own utilities. Basement has new washer and dryer on bluetooth pay system. Property has four long term tenants and excellent rental history. On site caretaker handles maintenance and snow removal for adjusted rent. Wall unit A/C. Back courtyard with raised garden beds, and steps down to the garages and alley. Classic brownstone building with 4 one-bedroom units located on Minnehaha Avenue just 4 block north of Minnehaha Regional Park and the famous Minnehaha Falls and three blocks east of Hiawatha Avenue/Hwy 55, with direct access to downtown Minneapolis. The site has four garage stalls in the back with alley access. The units have original hardwood floors, classic woodwork and the dining room hutch that is common with the classic brownstone building. The kitchens and baths have been updated but still have the classic brownstone feel. Caretaker on site sees to keeping the property clean. Multiple long-term tenants with rents below market. One vacant unit for an owner occupant. Let the rents pay your mortgage.
Highlights
Summary
- MLS Number: 6658554
- MLS Name: NORTHSTAR
- Office Name: RE/MAX Results
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$625,000
4255 Minnehaha Ave
$7,422
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 14, 2023 | Home Sold | $582,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $491,000 | $7,854 |
| 2022 | $506,000 | $8,375 |
| 2021 | $533,000 | $9,289 |
| 2020 | $561,000 | $9,406 |
| 2019 | $488,000 | $8,873 |
| 2018 | $413,500 | $7,759 |
| 2017 | $369,000 | $7,027 |
History based on county public records data.
Nearby schools
6
Northrop Community School
Public District KG-5
0.4 mi
•4315 31st Ave S
6
Hiawatha Community School - Howe Campus
Public District 3-5
0.7 mi
•3733 43rd Ave S
4
Michael Dowling Elementary School
Public Magnet KG-5
0.8 mi
•3900 W River Pkwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $80,254. Residents of Minneapolis, MN typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Men's Tennis- Tennis
Hiking/backpacking
Where do the neighbors shop?
Nordstrom Rack
Crate & Barrel
Bloomingdales
Where do the neighbors go to eat?
The Cheesecake Factory
Starbucks
Boston Market
What do the neighbors drive?
Volvo
BMW
Audi
What do the neighbors listen to?
News
Alternative
Jazz
This home is located at 4255 Minnehaha Ave in Minneapolis, MN and zip code 55406 in the Minnehaha Terrace neighborhood. This 3,360 square foot home was built in 1926. Features: 0 bathroom. It has been listed on Rocket Homes since February 7, 2025 and is currently priced at $625,000.
While more than 161 listings in Minneapolis, MN in January 2025 were sold above asking price, there were more than 152 listings sold at asking price, and more than 309 were sold below. The number of homes for sale in Minneapolis, MN decreased by 0.1% between December and January 2025. In January 2025 median list price was $350,000 and the average listing age was 47 days.