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2437 1st Avenue S

Minneapolis, MN 55404

– beds
– baths
4,176 sqft
$179 per sqft
1915 build
– on site

Here is your chance to own a gorgeous craftsman style brick 4-Plex. Each unit has handsome oak woodwork, built-ins, formal dining room, living room, & 3 bedrooms. Hardwood floors throughout plus tile in the kitchen & baths. Located in a high demand area that it is only steps away from the Minneapolis College of Art & Design and the Minneapolis Institute of Art. Close to coffee shops and so many amazing restaurants on Nicollet Ave AKA, "Eat Street". This would make a great owner occupied property with lots of income potential or a solid addition to someone's investment portfolio. The basement has a laundry room, storage units, a potential 5th unit, as well as an open area that could be turned into a gym/rec room/art studio etc. Parking for 8 cars in the back. The street is being redone with a protected bike lane and updated underground utilities. The City projects that it should be completed in March.

Listing courtesy of NORTHSTAR / Korla Molitor / Lakes Area Realty

Last checked: Checking… • Last updated Feb 22, 2025 •

MLS# 6657477 —

The Building

Year Built:

1915
New Construction:

false
Age Of Property:

110
Construction Materials:

Brick/Stone
Construction Materials Desc:

Brick
Roof:

Flat
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

2088.0000
Basement:

Full, Storage/Locker, Storage Space
Basement:

true
Foundation Area:

2088
Building Area Total:

6264
Above Grade Finished Area:

4176

Room Dimensions

Living Area:

4176

Location

Directions:

*Road construction on 1st Ave. Park in the alley.* Take Nicollet Ave North to East 24th St. Take a right on 24th Street. Then a right into the alley behind 1st Ave S. Park behind building 2437.
Latitude:

44.957841
Longitude:

-93.276203

The Property

Parcel Number:

3402924130039
Zoning Description:

Residential-Multi-Family
Property Type:

Residential Income
Property Subtype:

Quadruplex
Additional Parcels:

false
Lot Features:

Tree Coverage - Light
Lot Size Area:

0.13
Lot Size Dimensions:

126 X 46
Lot Size Units:

Acres
Road Frontage Type:

City Street
Road Responsibility:

Public Maintained Road
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

2258
Tax With Assessments:

2258.0000

Heating & Cooling

Heating:

Boiler

Utilities

Electric:

100 Amp Service
Sewer:

City Sewer/Connected

Appliances

Refrigerator:

Four

Schools

High School District:

Minneapolis

The Community

Subdivision Name:

Cochrans Add
Association Amenities:

Common Laundry, Coin-op Laundry Owned
Assessment Pending:

No

Parking

Parking Features:

Parking Lot

Extra Units

# of Units Total:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

US Internet

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price
2/20/25 Feb 20, 2025	Listed / Active	NORTHSTAR	$749,900
2/18/25 Feb 18, 2025	Coming Soon	NORTHSTAR	$749,900
8/23/10 Aug 23, 2010	Sold	DAAR

Multifamily For Sale

$749,900

Listing provided by broker:

Korla Molitor

Lakes Area Realty

Want a closer look?

Go see 2437 1st Avenue S

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This multifamily located in Powderhorn, Minneapolis, MN 55404 is currently for sale for $749,900. 2437 1st Avenue S is a 4,176 square foot multifamily with – beds and – baths that has been on Estately for 4 days. 2437 1st Avenue S is in the Powderhorn neighborhood of Minneapolis and has a WalkScore® of 93, making it a walker’s paradise. This multifamily is in the attendance area of Andersen United Community School, Whittier International School, and South High School.

Listing Courtesy of: NORTHSTAR and Lakes Area Realty.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.