1217 Yale Avenue SE Minneapolis, MN 55414

$1,500,000
Active
estimated monthly payment
20 Beds  |  12 Baths  |  5,510 Sq Ft  |  Quadruplex  |  MLS # 7024189
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About The Listing

WOW! A newer-construction four-unit near the University of Minnesota is a rare find. Built in 2008, this townhome-style property features four spacious units, each offering 5 bedrooms and 3 bathrooms—an ideal layout that continues to see strong rental demand. Modern construction, functional floor plans, and generous unit sizes make this opportunity stand out from typical multi-family options. This property is so sought after it has never seen any vacancy since it was built! Over 16 years with no vacancy!

Tenants pay all utilities with trash billed back by the owner, helping simplify expense management. Fee-based off-street parking is available in the adjacent lot, providing convenient parking flexibility.

Whether you are seeking an owner-occupant opportunity with income potential or a strong addition to an investment portfolio, this property checks the boxes. Newer four-plex properties in this location rarely become available, making this a unique chance to secure a high-demand multi-family asset with lasting appeal.


Listing courtesy of Dan Anshus, Financially Free, LLC
Purchase Price
Loan Type
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Interest Rate
Estimated Property Taxes
Homeowner's Insurance
HOA Dues
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Property Details

Features

 
 
 
Property Type: Other
Status: Active
Contingency Type: None
Year Built: 2008
MLS #: 7024189
Bedrooms: 20
Square Feet: 5,510
Price Per Square Foot: $272
Garage Spaces: 0
Sewer Description: City Sewer/Connected
Water: City Water/Connected
Heat Type: Forced Air, Fireplace(s)
Basement: Finished
Days On Market (Continuous): 0
Disability Features: None
Latest Update: 02/22/2026
List Date: 02/20/2026
Listing Agent ID: 502047443
Listing Office: Financially Free, LLC
Listing Office ID: 251773
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Lot Dimensions: 50x133
Lot Size: 0.15 Acres
School District: Minneapolis
Tax Year: 2025
Estimated Taxes: $20,991
Contingency Type: None
City: Minneapolis
Zip: 55414
County: Hennepin
Subdivision: Meeker Island Land & Power Co Add Rev
State: MN

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Listing last updated: 02/22/26

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