220 Hallam Avenue S, Mahtomedi, MN 55115 (MLS# 7145405)
$800,000
Mahtomedi, MN 55115
MLS# 7145405
Status: Pending
12 beds | 4 baths | 4352 sqft
1 / 29
Property Description
Here's your chance to own 3 separate fourplexes in the highly desirable Mahtomedi School District. These buildings donât come a long very often. Very easy to rent 3bedroom and 1 bath units. 3 of the 4 units have been updated and are in excellent condition. New kitchens and baths. Long term owners have kept rents low and can be easily raised. Well cared for and managed. Quiet area with lots of green space. Tandem garage and decks for each unit.
Details
Maps
Documents
Contract Information
Status: Pending
Off Market Date: 2026-09-22
Contingency: None
Current Price: 800000
Original List Price: 800000
ListPrice: 800000
List Date: 2026-09-16
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1985
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 12
Baths Total: 4
Main Floor Total SqFt: 2200
Above Ground SqFt: 4352
Total SqFt: 4352
Foundation Size: 2200
Style: (MF) Four Plex
Total Finished Sqft: 4352.00
Garage Stalls: 4
Lot Dimensions: 182x165x216x133
Acres: 0.68
Assessment Pending: No
Location Tax and Other Information
House Number: 220
Street Name: Hallam
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Mahtomedi
County: Washington
State: MN
Zip Code: 55115
Complex/Dev/Subdivision: Mallard Shores
Assessments
Tax With Assessments: 7542
Building Information
Finished SqFt Above Ground: 4352
Income and Expenses
Annual Electric Expense: 1104
Annual Gross Expenses: 21400
Annual Gross Income: 80316
Annual Insurance Expense: 6000
Annual Maintenance Expense: 1600
Annual Net Income: 58916
Annual Trash Expense: 1296
Annual Water/Sewer Expense: 2688
Total Annual Expenses: 21400
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 300
Public Survey Info
Range#: 21
Section#: 29
Township#: 30
Unit 1
Furnished?: No
Leased?: Yes
Unit Number: 1
Annual Rent: 19740
Finished SqFt: 1100
Full Baths: 1
Monthly Rent: 1645
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 3
Total Rooms: 6
Unit 2
Furnished?: No
Leased?: Yes
Level: Main Level
Unit Number: 2
Annual Rent: 20340
Finished SqFt: 1100
Full Baths: 1
Monthly Rent: 1695
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 3
Total Rooms: 6
Unit 3
Furnished?: No
Leased?: Yes
Unit Number: 3
Annual Rent: 20700
Finished SqFt: 1100
Full Baths: 1
Monthly Rent: 1725
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 3
Total Rooms: 6
Unit 4
Furnished?: No
Leased?: Yes
Level: Main Level
Unit Number: 4
Annual Rent: 20700
Finished SqFt: 1100
Full Baths: 1
Monthly Rent: 1725
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 3
Total Rooms: 6
Unit Details
Total Units: 4
Property Features
Accessible: None
Basement: Concrete Block
Construction Status: Previously Owned
Exterior: Vinyl
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Laundry: In Basement
Owner Pays: Grounds Care; Insurance; Maintenance/Repair; Sewer; Snow Removal; Taxes; Trash Collection; Water
Parking Characteristics: Tuckunder Garage
Sellers Terms: Cash; Conventional; FHA; VA
Sewer: City Sewer/Connected
Stories: Modified Two Story
Tenant Pays: Cable TV; Electricity; Fuel; Gas; Heat; Telephone
Unit 1 Appliances: Dishwasher; Exhaust Fan/Hood; Range; Refrigerator
Unit 1 Bath Description: Main Floor Full Bath
Unit 1 Cooling: Wall
Unit 2 Appliances: Dishwasher; Exhaust Fan/Hood; Range; Refrigerator
Unit 2 Bath Description: Main Floor Full Bath
Unit 2 Cooling: Wall
Unit 3 Appliances: Dishwasher; Exhaust Fan/Hood; Range; Refrigerator
Unit 3 Bath Description: Main Floor Full Bath
Unit 3 Cooling: Wall
Unit 4 Appliances: Dishwasher; Exhaust Fan/Hood; Range; Refrigerator
Unit 4 Bath Description: Main Floor Full Bath
Unit 4 Cooling: Wall
Water: City Water/Connected
Pro Forma 220 Hallam Ave S.pdf Listing Office: Keller Williams Premier Realty
Last Updated: October - 13 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
Thursday 15th of October 2026 05:36 PM
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