2549 11th Avenue SMinneapolis, MN 55404
$749,900
10 bedrooms · 5 bathrooms · 3,822 finished sq ft · 0.13 acre lot
About this home
Turnkey, 100% occupied four-plex delivering immediate cash flow in a prime Minneapolis location. Generating gross rental income of $6,548/month ($78,576 annualized), this high-performing property blends turn-of-the-century craftsmanship with major modern updates. Tenants enjoy a highly walkable neighborhood just blocks from Abbott Northwestern Hospital, Midtown Global Market, and top bike trails. • The Space: 3,822 above-ground sq. ft. featuring soaring high ceilings and rich, natural woodwork. • The Bonus: An additional 1,458 sq. ft. basement equipped with coin-operated laundry for extra revenue. • The Portfolio: Located at 2549 11th Ave. S, Minneapolis, MN 55404, this property can be purchased individually or as a package with a side-by-side duplex at 566 & 568 37th Ave. NE (MLS 7149871). Review the Offering Memorandum for full financial details.
Home facts
- Home type
- Townhome
- Style
- Quadruplex
- Year built
- 1902
- Bedrooms
- 10
- Bathrooms
- 5
- Finished sq ft
- 3,822
- Lot
- 0.13 acres
- Basement
- Block, Storage Space, Unfinished
- Heating
- Natural Gas
- Property taxes
- $9,324 a year
- Listed
- October 9, 2026
- MLS number
- 7149877
Listing courtesy of Edina Realty, Inc. (Bradley Edlefsen). MLS #7149877.
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How it compares
2549 11th Avenue S, Minneapolis, MN 55404 is a 10-bedroom townhome built in 1902 in Midtown Phillips, listed for $749,900 on October 9, 2026 by Edina Realty, Inc.. That is in the upper quarter of the 28 townhomes for sale in Minneapolis right now (median $629,500; $196 per square foot here against $183 for the group). That works out to $196 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 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.
- Midtown Phillips, 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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