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2535 Aldrich Avenue S
Minneapolis MN 55405 US

$1,175,000

Active Listing ID 7055953
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11 bed
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Lot: 0.11 Acres
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Other

$1,175,000

Active Listing ID 7055953
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2535 Aldrich Avenue S 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.

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Property Features

  • Facts
  • Lot Size: 0.11 Acres
  • Property Type: Other
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Vinyl
  • Heating Fuels: Ductless (Heating), Forced Air, Hot Water (Heating), Radiant

Property

  • propertytype: Other
  • propertysubtype: Other
  • listprice: 1175000
  • unparsedaddress: 2535 Aldrich Avenue S
  • postalcity: Minneapolis
  • stateorprovince: MN
  • country: US
  • postalcode: 55405
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.11
  • lotsizeunits: Acres
  • lotsizearea: 0.11
  • livingarea: 5225
  • livingareaunits: Square Feet
  • latitude: 44.95337264
  • longitude: -93.29012671
  • listagentfullname: Paul A Olson
  • listagentemail: polson@kw.com
  • listagentkey: 3yd-RMLSMN-506093712
  • listagentmlsid: 506093712
  • listagentpreferredphone: 6514031032
  • listagentofficephone: 6128217400
  • listofficekey: 3yd-RMLSMN-6582
  • listofficemlsid: 6582
  • disclaimer: 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.
  • sourcesystemid: RMLSMN
  • yearbuilt: 1908
  • listingcontractdate: 2026-06-12
  • listagenturl: http://minneapolis.yourkwoffice.com/
  • countyorparish: Hennepin
  • parcelnumber: 3302924140168
  • constructionmaterials: Frame
  • heating: Ductless (Heating), Forced Air, Hot Water (Heating), Radiant
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Garage, Garage - Detached
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • exteriorfeatures: Vinyl
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -93.29012, 44.953373
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Integrity Holdings Real Estate LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"polson@kw.com", "ListBrokerageCity":"Minneapolis", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw537@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/RMLSMN/c5ababc32061c7200120627de6950073/20090402115743374.pjpeg", "ListBrokerageName":"Integrity Holdings Real Estate LLC", "ListBrokeragePhone":"(612) 821-7400", "ListBrokeragePostalCode":"55408", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":"Suite 250", "ListBrokerageUnparsedAddress":"1300 Lagoon Ave", "ListBrokerageWebsiteUrl":"http://minneapolis.yourkwoffice.com/", "ListOfficeAddress1":"800 N Washington Ave N, Ste 460", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Minneapolis", "ListOfficeCountry":"US", "ListOfficeEmail":"klrw537@kw.com", "ListOfficePostalCode":"55401", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-Family - Minneapolis, MN", "ListingURL":"https://listings.listhub.net/pages/RMLSMN/7055953/?channel=rexren", "MLSModificationTimestamp":"2026-06-14T14:13:04Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Multi-Family", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":15137, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/22/2026 8:04:03 PM GMT
Source Updated Date: 6/30/2026 12:50:44 AM GMT

Courtesy of: Paul A Olson, Keller Williams Realty Integrity Lakes, polson@kw.com

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.