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2316-18 Aldrich Avenue S
Minneapolis MN 55405 US

$849,000

Active Listing ID 6779599
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11 bed
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Lot: 0.15 Acres
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Other

$849,000

Active Listing ID 6779599
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2316-18 Aldrich Avenue S Great investment 4-plex opportunity with good cash flow. All units are rented and the property has an excellent rental history. Well maintained and updated. New electrical system. Three spacious 2 bedroom one bath units and a large 2-floor 5 bedroom and two bath unit. Separate electrical and gas for each unit. Unit 1 leases for $1, 390/month at $1, 390 through August 31, 2026. Unit 2 leases for $1, 420/month through July 31, 2026. Unit 3 leases for $1, 410/month and is a month-to-month contract. Unit 4 leases for $2, 440/month through May 31, 2026. Original features include a classic front porch, hardwood floors, leaded glass windows. A driveway is on the Southside of the property. Located in a historically designated area. Highly walkable to the Hennepin and Lyndale corridors with stores, restaurants and entertainment venues close by.

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Property Features

  • Facts
  • Lot Size: 0.15 Acres
  • Property Type: Other
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Wood
  • Heating Fuels: Forced Air, Hot Water (Heating)

Property

  • propertytype: Other
  • propertysubtype: Other
  • listprice: 849000
  • unparsedaddress: 2316-18 Aldrich Avenue S
  • postalcity: Minneapolis
  • stateorprovince: MN
  • country: US
  • postalcode: 55405
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.15
  • lotsizeunits: Acres
  • lotsizearea: 0.15
  • livingarea: 5634
  • livingareaunits: Square Feet
  • latitude: 44.959426
  • longitude: -93.289669
  • listagentfullname: Gary P Bennett
  • listagentemail: gary@lakesarearealty.com
  • listagentkey: 3yd-RMLSMN-502018373
  • listagentmlsid: 502018373
  • listagentpreferredphone: 6122296972
  • listagentofficephone: 6128675624
  • listofficekey: 3yd-RMLSMN-6508
  • listofficemlsid: 6508
  • disclaimer: Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RMLSMN
  • yearbuilt: 1900
  • listingcontractdate: 2025-09-04
  • listagenturl: http://www.lakesarearealty.com
  • countyorparish: Hennepin
  • parcelnumber: 3302924110012
  • heating: Forced Air, Hot Water (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • exteriorfeatures: Wood
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • location: -93.289665, 44.959427
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Lakes Area Realty of Minneapolis", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"gary@lakesarearealty.com", "ListBrokerageCity":"Minneapolis", "ListBrokerageCountry":"US", "ListBrokerageEmail":"steve@lakesarearealty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/RMLSMN/37f4c1a144c911e490490eb4764e68d8/20140930211239619.png", "ListBrokerageName":"Lakes Area Realty of Minneapolis", "ListBrokeragePhone":"(612) 867-5624", "ListBrokeragePostalCode":"55408", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1428 W 28th St", "ListBrokerageWebsiteUrl":"http://www.lakesarearealty.com", "ListOfficeAddress1":"1428 W 28th St", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Minneapolis", "ListOfficeCountry":"US", "ListOfficeEmail":"steve@lakesarearealty.com", "ListOfficePostalCode":"55408", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-Family - Minneapolis, MN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2316-Aldrich-Ave-S-Apt-3_Minneapolis_MN_55405_M79700-49150?f=listhub&s=RMLSMN&m=6779599&c=rexren", "MLSModificationTimestamp":"2025-09-07T18:24:02Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Multi-Family", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":10669, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/24/2025 8:03:35 AM GMT
Source Updated Date: 12/6/2025 6:41:39 AM GMT

Courtesy of: Gary P Bennett, Lakes Area Realty of Minneapolis, gary@lakesarearealty.com

Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.