1 of 71

Want to see this property?

4433 Aldrich Avenue N

Minneapolis, MN 55412

– beds
– baths
2,010 sqft
$174 per sqft
1904 build
– on site

This large 2-unit duplex on an oversized corner lot is a fantastic investment opportunity! Both units are fully occupied with long-term Leases, and it meets the 1 percent rule making it a smart choice for investors. The main level unit is 4 bed 1 bath and is currently leased for $1,995.00 a month. The upper unit is a 3 bed 1 bath and is currently leased for $1,550.00 a month. In total this is 7 beds and 2 baths with a total current rental income of $3,545.00 a month. The owner pays for City Water/Sewer and Trash service at an average cost of $275.00 a month. The Electric and Natural Gas utilities are metered separately and paid for by the Tenants. The property features recently refinished hardwood floors throughout, giving it a warm and inviting feel. The main level unit includes a washer and dryer in the unfinished basement, The unfinished basement also has a separate exterior entrance door "Great added value potential" with the possibility to add another unit or add more finished beds and bath for the main floor unit. The property has updated vinyl windows, a fenced yard, and a 2-stall garage with ample parking adding to the property's appeal. The location is ideal with easy access to the bus line and just a 10-minute drive downtown. Don’t miss this opportunity to own a well-maintained fully occupied cash flowing duplex in a great area. Contact us today to schedule a showing!

Listing courtesy of NORTHSTAR / Cody Wood / Realty ONE Group Choice

Last checked: Checking… • Last updated Jan 16, 2025 •

MLS# 6636260 —

The Building

Year Built:

1904
New Construction:

false
Age Of Property:

121
Construction Materials:

Other
Roof:

Age Over 8 Years
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

1201.0000
Basement:

Unfinished
Basement:

true
Foundation Area:

655
Foundation Dimensions:

30.5x21.5
Building Area Total:

2665
Above Grade Finished Area:

2010

Room Dimensions

Living Area:

2010

Location

Directions:

94 East to Lyndale Ave. South on Lyndale, right on 44th left on Aldrich, home is on your right.
Latitude:

45.036532
Longitude:

-93.290474

The Property

Parcel Number:

1311821210007
Property Type:

Residential Income
Property Subtype:

Duplex Up and Down
Additional Parcels:

false
Lot Size Area:

0.19
Lot Size Dimensions:

134x68
Lot Size Units:

Acres
Fencing:

Chain Link
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

4334
Tax With Assessments:

4433.0000

Heating & Cooling

Heating:

Baseboard, Forced Air

Utilities

Electric:

Circuit Breakers
Sewer:

City Sewer/Connected

Appliances

Refrigerator:

Two

Schools

High School District:

Minneapolis

The Community

Subdivision Name:

S W Ponds Add
Assessment Pending:

No

Parking

Parking Features:

Detached
Garage Spaces:

2
Garage Dimensions:

20x24
Garage SqFt:

480

Extra Units

# of Units Total:

2

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

Sale history

Date	Event	Source	Price	% Change
1/16/25 Jan 16, 2025	Price Changed	NORTHSTAR	$349,999	-2.8%
12/5/24 Dec 5, 2024	Listed / Active	NORTHSTAR	$360,000
12/2/24 Dec 2, 2024	Coming Soon	NORTHSTAR	$360,000

Want a closer look?

Go see 4433 Aldrich Avenue N

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Minneapolis, MN

Similar sold homes

This multifamily located in Camden, Minneapolis, MN 55412 is currently for sale for $349,999. 4433 Aldrich Avenue N is a 2,010 square foot multifamily with – beds and – baths that has been on Estately for 51 days. 4433 Aldrich Avenue N is in the Camden neighborhood of Minneapolis and has a WalkScore® of 72, making it very walkable. This multifamily is in the attendance area of Olson Middle School, Henry High School, and Jenny Lind Elementary School.

Listing Courtesy of: NORTHSTAR and Realty ONE Group Choice.

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.