$4,513 Closing Credit¹
#6638997, Listing Office: eXp Realty
$679,000 List price
4348 Minnehaha Ave Minneapolis, MN 55406
$8,063
Closing credit¹
2,912 sqft
$233 / sqft
Multi-Family
Property details
About 4348 Minnehaha Ave
An excellent investment opportunity awaits with this well-maintained four-unit property in the sought-after Hiawatha Neighborhood, close to Minnehaha Falls. This 4-plex consists of four 2-bedroom units, each having oak hardwood floors, wall-mounted air conditioning units, dishwashers, as well as updated bathrooms and windows throughout. The property features separate hot water heating systems and updated electrical panels for each unit. Full basement offers additional storage space and two sets of coin operated laundry machines for tenants. Situated on an extra-deep lot, the property provides off-street parking. Its prime location is near the Mississippi River, offering access to scenic biking and jogging trails, light rail transit, shopping, restaurants, and convenient freeway access.
Highlights
Home typeQuadruplex
HeatingSteam
StatusActive
Size2,912 sqft
BasementYes
Year built1929
ParkingGravel, Unassigned
MLS #6698823
Summary
- MLS Number: 6698823
- MLS Name: NORTHSTAR
- Office Name: Coldwell Banker Realty
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Last updated on: 4/18/2025, 9:22:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$679,000
4348 Minnehaha Ave
$8,063
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 15, 2021 | Home Sold | $140,700 |
| Jan 15, 2021 | Home Sold | $598,500 |
| May 02, 2002 | Home Sold | $360,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $661,000 | $10,910 |
| 2022 | $592,900 | $9,892 |
| 2021 | $531,000 | $9,377 |
| 2020 | $558,500 | $9,578 |
| 2019 | $485,500 | $9,049 |
| 2018 | $411,500 | $7,949 |
| 2017 | $367,500 | $7,232 |
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
0.8 mi
•3733 43rd Ave S
4
Michael Dowling Elementary School
Public Magnet KG-5
0.9 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 $51,320. Residents of Minneapolis, MN typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
32%
<35k
53%
35k-100k
13%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
62%
Single, No Kids
9%
Single, with Kids
20%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
4%
12-17 yrs old
36%
18-34 yrs old
41%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Men's Tennis
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Nordstrom Rack
Banana Republic
Where do the neighbors go to eat?
Chipotle
The Cheesecake Factory
Jack In The Box
What do the neighbors drive?
Volkswagen
Volvo
Toyota
What do the neighbors listen to?
Rhythmic Contemporary Hits
News
Jazz
All data provided by Home Junction and Claritas
Similar homes for sale
$7,125 Closing Credit¹
#6700225, Listing Office: Re/Max Advantage Plus
This home is located at 4348 Minnehaha Ave in Minneapolis, MN and zip code 55406 in the Hiawatha neighborhood. This 2,912 square foot home was built in 1929. Features: 0 bathroom. It has been listed on Rocket Homes since April 14, 2025 and is currently priced at $679,000.
Over 364 listings were sold over their listed price in March 2025 in Minneapolis, MN. In the same period over 309 listings were sold below the listed price and 165 listings were sold for the listed price. Between February and March 2025, Minneapolis, MN real estate market has seen increase in the number of listings by 23.5%. In March 2025, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $353,912.
From Rocket Homes Real Estate and based on county public records data.