2121 13th Avenue SMinneapolis, MN 55404
$634,000
12 bedrooms · 6 bathrooms · 5,542 finished sq ft · 0.11 acre lot
About this home
Turnkey 4-Plex Investment Opportunity, with a significant property tax savings in Minneapolis! Don't miss this exceptional opportunity to own a well-maintained, cash-flowing 4-plex in Minneapolis with significant recent capital improvements and long-term value. This property has been thoughtfully updated, allowing a new owner to step into a stable asset with strong income potential. Major improvements include new metal siding (2025), a new roof (2024), updated windows, newer high efficiency boilers, and water heaters-helping minizine future maintenance expenses. Inside, three of the four units recently received new flooring and paint throughout. One of the property's standout features is its enrollment in the City of Minneapolis 4d Affordable Housing Incentive Program, providing substantial property tax savings year after year, and enhancing overall cash flow. Combined with its positive cash flow and extensive updates, this is an outstanding opportunity for both seasoned investors and those looking to expand their rental portfolio. Whether you're seeking reliable income, reduced operating costs, or a well-maintained multifamily asset in a strong rental market, this Minneapolis 4-plex checks all the boxes
Home facts
- Home type
- Townhome
- Style
- Quadruplex
- Year built
- 1900
- Bedrooms
- 12
- Bathrooms
- 6
- Finished sq ft
- 5,542
- Lot
- 0.11 acres
- Basement
- Storage Space, Unfinished
- Heating
- Electric, Natural Gas, Baseboard
- Property taxes
- $2,300 a year
- Listed
- July 19, 2026
- MLS number
- 7105569
Listing courtesy of RE/MAX Results (Michael Weber). MLS #7105569.
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How it compares
2121 13th Avenue S, Minneapolis, MN 55404 is a 12-bedroom townhome built in 1900 in Ventura Village, listed for $634,000 on July 19, 2026 by RE/MAX Results. That is in the middle range of the 28 townhomes for sale in Minneapolis right now (median $629,500; $114 per square foot here against $183 for the group). That works out to $114 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 9:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Minneapolis community guideSchools, commutes, parks, home values and local stories.
- Ventura Village, MinneapolisThe neighborhood guide: homes, history, parks and market numbers.
- Minneapolis housing market, September 2026Homes sold for a median $353,500 over 12 months (+2.5%), 54 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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