Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 11-bedroom, 0-bathroom other at 2535 Aldrich Avenue S in Minneapolis, MN is listed for $1,175,000 ($225 per sqft). Built in 1908, the home offers 5,225 sqft of living space on a 0.11 acres lot.

Agent Description

Welcome to one of the most heavily updated and upgraded historic fourplexes in Minneapolis! This stately four-home property combines the rich luxury of it's original Victorian embellishments with important large scale upgrades, ensuring that its future steward has a stress-free, smooth ownership.

This is a must-show for your investor buyers and owner occupants alike. Too many updates than are possible to list here. No expense was spared while completely redoing all of the electric, plumbing, heating, siding, windows, roofing and maintenance of this home.

Inside you will be captivated by the original trim and millwork, coal-burning tiled fireplaces (decorative), tall ceilings, beautiful south facing windows, and massive front balconies in 3 of the 4 units. Most every kitchen and bathroom has been upgraded, and all HVAC mechanicals are modern high efficiency, with billing directed to the tenants.

Delivering impressive cashflow with room to grow, this property has always been easy to lease with its charm, solid construction/maintenance, and massive four car garage. Fully fenced and with a private back yard hang out area, this is a no brainer for furnished medium/short term rentals.

Looking to wipe out your 2026 income tax burden? This property may be a good fit for accelerated depreciation under new IRS tax code. Do not hesitate to set up a showing of this unique and exceptionally well maintained property. Seller is willing to consider creative financing options, including seller financing, for qualified buyers.

Key Features

  • Built in 1908
  • 0.11 acre lot

Property Details

1908

Monthly Cost Estimate

$6,284/mo

20% down · 6.5% · 30 years

Principal$850
Interest$5,092
Insurance$343

Estimates only. Actual payments may vary.

Location

2535 Aldrich Avenue S

Minneapolis, MN 55405

Twenty Fifth St Add

Features & Amenities

Exterior Features

Vinyl

Property Details

Construction

Frame

Parking

GarageGarage - Detached

Heating

Ductless (Heating)Forced AirHot Water (Heating)Radiant

Questions & Answers

This 11-bedroom, 0-bathroom other at 2535 Aldrich Avenue S is listed at $1,175,000 ($225/sqft). The estimated monthly payment is $5,092 based on 20% down at 6.5% interest.

Key features include: Built in 1908, 0.11 acre lot. Exterior Features: Vinyl.

This property is listed by Paul A Olson and can be reached at 6514031032 or polson@kw.com.

PO

Paul A Olson

Agent at Keller Williams Realty Integrity Lakes

(651) 403-1032

Listed by Keller Williams Realty Integrity Lakes · View on Broker Site

MLS# 7055953· Source: listhub· Updated 13 days ago

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2535 Aldrich Avenue S, Minneapolis, MN 55405

Open this listing in: