$519,000

456 Buchanan Street NE, Minneapolis, MN 55413

  • 1 bed |
  • 1 bath |
  • 2,688 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon 5 car garage
  • Property Price Per Square Feet Icon $193/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

Four-unit property with Northeast character in a great location of the Beltrami neighborhood. Grocery stores, restaurants, breweries, and the University of Minnesota all in close proximity. All units are currently rented month-to-month with long-term tenants in place. The property includes two 2-bedroom units on the upper floor and two 1-bedroom units on the main level. Unit 1 was originally a neighborhood storefront during the roaring ’20s, adding a colorful chapter of local history to the property. Additional income opportunities include rent growth, RUBS implementation, monetizing the 5 garage spaces, and pet rent (building is dog-friendly). Large lot with yard adds further tenant appeal. Unit 1 - 672 sqft (1BR/1BA) – $1,000 Unit 2 - 588 sqft (1BR/1BA) – $950 Unit 3 - 672 sqft (2BR/1BA) – $1,050 Unit 4 - 588 sqft (2BR/1BA) – $1,000 Building Improvements: Roof: New in 2017 Garage Roof: New 2026 Boiler: New in 2013 Plumbing: PEX, 2013 Water Heaters: Replaced in 2013 Operating Expense Taxes: $9,381 Water + Solid Waste: $4,131 Insurance: $2,481 Gas : $2,769 Electric: $500

Listing Status:
Active
Data Last Updated:
June 19, 2026 at 5:18PM
Listing Office:
Lifestyles : 763-229-4965
MLS ID:
7087862
  • Laundry: In Basement
  • Basement: Block
  • Heating: RadiatorRadiant
  • General: Stucco
  • Parking: Detached Garage
  • Roofing: Flat
  • General: TwoBlock
  • Originating MLS: northstar
  • School District: Minneapolis
  • County: Hennepin
  • Zoning: 1302924340007
  • Utilities: Fuses
  • Water: City Water - In Street
  • Sewer: City Sewer - In Street
  • Source: northstar

This listing courtesy of Lifestyles

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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