4525 4th Avenue S, Minneapolis, MN 55419

• 5,070 sqft

Property Description

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.

Listing Status:

Active

Data Last Updated:

July 22, 2026 at 1:18PM

Listing Office:

Peritus Real Estate : 612-554-7794

MLS ID:

7028179

Interior

• Appliances: RangeRefrigerator
• Flooring: CarpetWood
• Heating: Forced Air

Exterior

• General: Brick Veneer
• Parking: Asphalt

Construction

• Roofing: Age 8 Years or LessPitched
• General: TwoBlock

Location

• Originating MLS: northstar
• School District: Minneapolis
• County: Hennepin

Lot

• Zoning: 1002824440166
• Current Use: Residential

Utilities

• Utilities: Electric SeparateHeating SeparateHot Water Common
• Water: City Water/Connected
• Sewer: City Sewer/Connected

Financial

• Source: northstar