2507 Lyndale Avenue S, Minneapolis, MN 55405 (MLS# 6812015)
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$599,000
2507 Lyndale Avenue S
Minneapolis, MN 55405
MLS# 6812015
5 beds | 4 baths | 4859 sqft
Property Description This Multi-Family 4-Plex on Lyndale Avenue offers an 899 sq ft finished attic with potential to convert into a 5th unit (requires kitchen addition). Note: converting to a 5th unit changes the property status from residential to commercial with the City of Minneapolis. Zoned CM2 ("Corridor Mixed Use District"), this property is ideal for exploring small business opportunities on the first level while maintaining residential units above. Buyers must verify all City regulations and requirements. A new rear staircase was completed in July of 2025. The largest unit, over 1,100 square feet, includes two bedrooms and an office. It features hardwood floors, high ceilings, built-ins, and both front and rear entrances. A single-car garage provides added convenience. All units are on a month-to-month lease, allowing flexibility for the new owner. Exceptional property with endless potential â don't miss out!
Status: Active
Contingency: None
Current Price: 599000
Original List Price: 619000
ListPrice: 599000
List Date: 2026-03-24
Owner is an Agent?: No
Auction?: No
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Residential-Multi-Family, Oth
Bedrooms: 5
Baths Total: 4
Main Floor Total SqFt: 1624
Above Ground SqFt: 3308
Below Grd Total SqFt: 1551
Total SqFt: 4859
Foundation Size: 1624
Style: (MF) Four Plex
Total Finished Sqft: 3308.00
Garage Stalls: 1
Lot Dimensions: See Lister
Acres: 0.11
Assessment Pending: Unknown
House Number: 2507
Street Name: Lyndale
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
Complex/Dev/Subdivision: Garfield Ave Add
Tax With Assessments: 9636.9
Finished SqFt Above Ground: 3308
Annual Gross Income: 50640
Land Leased: Not Applicable
DP Resource: Yes
Homestead: Yes
Furnished?: No
Leased?: Yes
Unit Number: 1
Annual Rent: 18300
Finished SqFt: 1135
Full Baths: 1
Monthly Rent: 1525
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Furnished?: No
Leased?: No
Unit Number: 2
3/4 Baths: 1
Annual Rent: 9300
Finished SqFt: 374
Monthly Rent: 775
No. of Units Like This: 1
Total Baths: 1
Total Rooms: 3
Furnished?: No
Leased?: Yes
Unit Number: 3
Annual Rent: 13500
Finished SqFt: 630
Full Baths: 1
Monthly Rent: 1125
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Furnished?: No
Leased?: Yes
Unit Number: 4
Annual Rent: 11100
Finished SqFt: 580
Full Baths: 1
Monthly Rent: 925
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 1
Construction Status: Previously Owned
Exterior: Metal; Stucco; Vinyl
Road Frontage: City Street; Sidewalks
Sellers Terms: Cash; Conventional; FHA; VA
Sewer: City Sewer/Connected
Unit 1 Amenities: Hardwood Floors
Unit 1 Appliances: Range; Refrigerator
Unit 1 Bath Description: Main Floor Full Bath
Unit 1 Dining Room Description: Informal Dining Room
Unit 1 Special Search: Main Floor Bedroom
Unit 2 Amenities: Kitchen Window
Unit 2 Appliances: Range; Refrigerator
Unit 2 Bath Description: Main Floor 3/4 Bath
Unit 3 Amenities: Hardwood Floors; Tile Floors
Unit 3 Appliances: Range; Refrigerator
Unit 3 Bath Description: Main Floor Full Bath
Unit 4 Amenities: Tile Floors
Unit 4 Appliances: Range; Refrigerator
Unit 4 Bath Description: Main Floor Full Bath
Water: City Water/Connected
Listing Office: Coldwell Banker Realty - Lakes
Last Updated: May - 22 - 2026
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Monday 25th of May 2026 11:52 AM