4525 4th Avenue SMinneapolis, MN 55419
$1.02 million
5,070 finished sq ft · 0.24 acre lot
About this home
Well-maintained 8-unit brick apartment building located in the desirable Regina neighborhood within the Nokomis community of Minneapolis. Built in 1960, this two-story property offers 5,070 finished square feet and a highly rentable unit mix of seven 1-bedroom units and one studio/efficiency. Each unit features its own forced-air furnace, with residents paying their own heat — a major operational advantage that helps control owner expenses. The building also includes coin-operated laundry for additional income and convenient off-street parking for tenants. Solid brick construction, individual mechanical systems, and a straightforward unit mix make this a stable, easy-to-manage asset. The property is also an ideal candidate for enrollment in the Minneapolis 4d Affordable Housing Program, offering the potential for a reduced property tax rate in exchange for maintaining qualifying affordable rents. Situated in a strong South Minneapolis location near parks, shopping, transit, and major corridors, this property appeals to long-term renters seeking convenience and neighborhood charm. Excellent opportunity for investors seeking steady cash flow with additional upside through tax optimization. Owner is a licensed agent but not the listing agent.
Home facts
- Home type
- Single-family home
- Style
- Other
- Year built
- 1960
- Finished sq ft
- 5,070
- Lot
- 0.24 acres
- Heating
- Natural Gas, Forced Air
- Property taxes
- $11,577 a year
- Listed
- March 11, 2026
- MLS number
- 7028179
Listing courtesy of Peritus Real Estate (John A Stiles). MLS #7028179.
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How it compares
4525 4th Avenue S, Minneapolis, MN 55419 is a single-family home built in 1960 in Regina, listed for $1.02 million on March 11, 2026 by Peritus Real Estate. That is in the upper quarter of the 672 single-family homes for sale in Minneapolis right now (median $350,000; $201 per square foot here against $207 for the group). That works out to $201 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.
- Regina, 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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