5705 Lyndale Avenue S, Minneapolis, MN 55419 (MLS# 7070622)
$519,900
Minneapolis, MN 55419
MLS# 7070622
Status: Pending
4 beds | 4 baths | 4692 sqft
1 / 14
Property Description
Solid, cash flowing 4-plex in prime, SW Mpls location. Four, 1/1 900ft2 units. Fully rented - never an issue getting solid renters. Convenient location close to main hwy's yet tucked away in Windom neighborhood, Kowalski's, S Lyndale Wine & Deli, Bachman's & all the trails, parks & great restaurants, schools SW is known for. Coin-op laundry in basement as well as plenty of storage & work spaces. Well cared for with regular maintanence done proactively - newer appliances, paint, throughout. Common areas very clean/neat & cared for. Backyard w/ shed & 4 off-street parking spots. Newer mechanicals. Split electrical & gas meters. Apprx $1k/m rent per unit.
Details
Maps
Documents
Contract Information
Status: Pending
Off Market Date: 2026-07-02
Contingency: None
Current Price: 519900
Original List Price: 519900
ListPrice: 519900
List Date: 2026-05-08
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1948
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 4
Baths Total: 4
Main Floor Total SqFt: 1564
Above Ground SqFt: 3128
Below Grd Total SqFt: 1564
Total SqFt: 4692
Foundation Size: 1564
Style: (MF) Four Plex
Total Finished Sqft: 3128.00
Lot Dimensions: 118x50
Acres: 0.14
Assessment Pending: No
Location Tax and Other Information
House Number: 5705
Street Name: Lyndale
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55419
Complex/Dev/Subdivision: Grand Ave Park
Assessments
Tax With Assessments: 8838
Building Information
Finished SqFt Above Ground: 3128
Income and Expenses
Annual Fuel Expense: 300
Annual Gross Expenses: 14200
Annual Gross Income: 49200
Annual Insurance Expense: 3000
Annual Net Income: 35000
Annual Trash Expense: 1000
Annual Water/Sewer Expense: 2000
Misc. Annual Income: 1000
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 22
Township#: 28
Unit 1
Furnished?: No
Lease Expiration Date: 2027-03-31
Leased?: Yes
Level: Main Level
Unit Number: 1
Annual Rent: 11520
Finished SqFt: 900
Full Baths: 1
Monthly Expense: 338
Monthly Rent: 960
No. of Units Like This: 4
Oth Parking Spaces: 1
Total Baths: 1
Total Bedrooms: 1
Total Rooms: 5
Unit Details
Total Units: 4
Property Features
Accessible: None
Amenities Shared: Coin-op Laundry Owned; Patio
Basement: Full; Shared Access; Unfinished
Construction Status: Previously Owned
Exterior: Stucco
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Boiler
Laundry: In Basement
Owner Pays: Heat; Lawn; Maintenance/Repair; Sewer; Snow Removal; Trash Collection; Water
Parking Characteristics: Parking Lot
Rental License Type: Standard
Sellers Terms: Cash; Conventional; FHA; VA
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: Cable TV; Electricity; Gas
Unit 1 Bath Description: Main Floor Full Bath
Unit 1 Cooling: Window
Water: City Water/Connected
Disclosure Statement Seller's Disclosure Listing Office: Verde Real Estate Group
Last Updated: July - 03 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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