#6750978, Listing office: Bridge Realty, LLC
$699,500 List price
4429 Portland Ave Minneapolis, MN 55407
4,360 sqft
$160 / sqft
Multi-Family
Property details
About 4429 Portland Ave
Prime Investment Opportunity in South Minneapolis! This fully occupied triplex is ideally located just steps from Minnehaha Trail, local coffee shops, and top restaurants. The property features 3 spacious units totaling 8 bedrooms and 5 bathrooms, with one unit currently on a month-to-month lease—offering flexibility for future plans. Highlights include beautiful hardwood floors throughout, a newly renovated basement unit, and a brand-new garage. A rare chance to own a turnkey income property in one of the city’s most walkable and desirable neighborhoods. Owner is the listing agent.
Highlights
Home typeTriplex
HeatingSteam, Fireplace(s), Hot Water
StatusActive
Size4,360 sqft
BasementYes
Year built1931
ParkingAttached Garage
MLS #6725446
Attached garage2 spaces
Summary
- Basement: Yes
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Attached Garage
- Heating: Steam, Fireplace(s), Hot Water
- List Price: $699,500
- Price/SqFt: $160
- Annual Tax Amount: $5,953
- Tax Year: 2023
- Lot: Few Trees
- Directions: 35W to 46th St, S to Park, N to 44th to Portland Ave
- Year Built: 1931
- Living Area: 4,360 SqFt
- MLS Number: 6725446
- MLS Name: NORTHSTAR
- Office Name: National Realty Guild
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 28, 2018 | Home Sold | $401,000 |
| Jan 03, 2014 | Home Sold | $223,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $457,000 | $5,953 |
| 2022 | $431,000 | $5,663 |
| 2021 | $434,000 | $6,013 |
| 2020 | $414,500 | $5,550 |
| 2019 | $414,500 | $6,011 |
| 2018 | $414,500 | $7,526 |
| 2017 | $373,500 | $6,850 |
History based on county public records data.
Nearby schools
1
Hiawatha Leadership Acdy-Northrop
Public Charter KG-4
0.8 mi
•1611 E 46th St
4
Bancroft Elementary School
Public Magnet PK-5
1.0 mi
•3829 13th Ave S
3
Green Central Park Elementary School
Public District PK-5
1.2 mi
•3416 4th Ave S
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 $56,923. Residents of Minneapolis, MN typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
27%
<35k
46%
35k-100k
23%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
53%
Single, No Kids
14%
Single, with Kids
20%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
6%
12-17 yrs old
28%
18-34 yrs old
39%
35-64 yrs old
12%
65+ yrs old
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- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 4429 Portland Ave
The listing price of 4429 Portland Ave property is $699,500.
The property 4429 Portland Ave is a multi located in Minneapolis, Minnesota, 55407.
Active Listing: 4429 Portland Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4429 Portland Ave are: Hiawatha Leadership Acdy-Northrop (GreatSchools Rating 1/10), Bancroft Elementary School (GreatSchools Rating 4/10), Green Central Park Elementary School (GreatSchools Rating 3/10), Southside Family Charter School (GreatSchools Rating 5/10), Justice Page Community Middle School (GreatSchools Rating 5/10), Hiawatha College Preparatory - Northrop (GreatSchools Rating 2/10), El Colegio Charter School (GreatSchools Rating 1/10), Washburn High School (GreatSchools Rating 6/10), Wellstone High School - Sws (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $5,953 (source: MLS/based on county public records data).
The last sale was on September 28, 2018 for $401,000 (source: MLS/tax record).
The property 4429 Portland Ave is 4,360 SqFt (source: MLS/tax record).
The year of construction for 4429 Portland Ave is 1931.
This home is located at 4429 Portland Ave in Minneapolis, MN and zip code 55407 in the Regina neighborhood. This 4,360 square foot home was built in 1931. Features: 0 bathroom. It has been listed on Rocket Homes since May 23, 2025 and is currently priced at $699,500.
In June 2025, from all listings sold in Minneapolis, MN there were more than 634 sold above asking price, over 363 sold below and more than 245 were sold right at the asked price. The inventory of homes for sale in Minneapolis, MN between May and June 2025 increased by 3.4%. While the average time on the market in June 2025 was 23 days, the median list price was $359,091.
From Rocket Homes Real Estate and based on county public records data.