1 of 23

Want to see this home?

3135 4th Street SE

Minneapolis, MN 55414

7 beds
2 baths
3,607 sqft
11,966 sqft lot
$163 per sqft
1912 build
– on site

This outstanding Prospect Park property offers a rare opportunity for investors seeking a move-in-ready home with strong income potential. Situated on a quiet cul-de-sac and bordering a wooded area, the home features a spacious layout with an open-concept main floor, hardwood oak flooring, and abundant natural light. The large kitchen includes a walk-in pantry, and a substantial 2006 addition added four well-sized bedrooms, all with ample closet space—making it ideal for either long-term family tenants or short-term rental groups. The finished third floor offers additional living space with pine ceilings and new carpet installed in 2022, adding to the home’s versatility and appeal. A brand-new boiler and roof were installed in 2023, ensuring updated infrastructure for low-maintenance ownership. There is also space to add 2 future full bathrooms! Located within walking distance to the University of Minnesota, light rail access, and an array of popular destinations including Malcolm Yards, Surly Brewing Co., and O’Shaughnessy Distilling Co., this property is exceptionally well positioned for consistent rental demand. Whether you’re growing your portfolio or entering the Minneapolis market, this is a smart, turnkey investment in one of the city’s most vibrant and connected neighborhoods. This home has been virtually staged to illustrate its potential.

Listing courtesy of NORTHSTAR / Tamara Burch / Real Broker, LLC

Last checked: Checking… • Last updated May 3, 2025 •

MLS# 6706545 —

The Building

Year Built:

1912
New Construction:

false
Age Of Property:

113
Construction Materials:

Stucco, Vinyl Siding
Construction Materials Desc:

Block,Frame
Roof:

Age 8 Years or Less, Asphalt
Accessibility Features:

None
Levels:

More Than 2 Stories
Main Level Finished Area:

1117.0000
Basement:

Concrete
Basement:

true
Foundation Area:

624
Foundation Dimensions:

26x24
Manufactured Home:

No
Building Area Total:

4231
Above Grade Finished Area:

3607

Interior

Dining Room Description:

Informal Dining Room,Kitchen/Dining Room
Amenities:

Cable,Ceiling Fan(s),Ethernet Wired,Hardwood Floors,Kitchen Center Island,Kitchen Window,Natural Woodwork,Paneled Doors,Porch

Room Dimensions

Living Area:

3607

Location

Directions:

Interstate 94E to 280 exit to University Ave exit go West. Then North on Bedford St SE to 4th St SE.
Latitude:

44.970287
Longitude:

-93.21018

The Property

Parcel Number:

3002923140037
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Additional Parcels:

false
Lot Features:

Public Transit (w/in 6 blks), Many Trees
Lot Size Area:

0.27
Lot Size Dimensions:

60x200 approx
Lot Size SqFt:

11966
Lot Size Units:

Square Feet
Road Frontage Type:

City Street, Cul De Sac
Road Responsibility:

Public Maintained Road
Fencing:

None
Water Source:

City Water/Connected
Other Structures:

Workshop, Storage Shed
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

6451
Tax With Assessments:

6451.0000

Beds

Bedrooms Total:

7

Baths

Total Baths:

2
Bath Description:

Main Floor 1/2 Bath,Upper Level Full Bath
Full Baths:

1
Half Baths:

1

Heating & Cooling

Heating:

Forced Air, Hot Water
Cooling:

Central Air, Window Unit(s)

Utilities

Electric:

Circuit Breakers, 100 Amp Service
Sewer:

City Sewer/Connected

Appliances

Appliances:

Cooktop, Dishwasher, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Refrigerator, Wall Oven, Washer

Schools

High School District:

Minneapolis

The Community

Subdivision Name:

Eustis Park
Association:

false
Assessment Pending:

No

Parking

Parking Features:

Attached Garage, Gravel, Concrete, Insulated Garage, Tuckunder Garage
Garage Spaces:

2
Garage Door Height:

8
Garage Door Width:

9
Garage Dimensions:

24x26
Garage SqFt:

598

Monthly cost estimate

Asking price

$589,900

Expense	Monthly cost
Mortgage	$3,158
Taxes	$537
Insurance	$162
Utilities	$293 See report
Total	$4,150/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
5/1/25 May 1, 2025	Listed / Active	NORTHSTAR	$589,900	20.4% (14.4% / YR)
11/30/23 Nov 30, 2023		NORTHSTAR	$490,000	-9.1%
9/28/23 Sep 28, 2023		NORTHSTAR	$539,000

48% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $27k above asking price on average, but some went as high as $115k over asking price.

Want a closer look?

Go see 3135 4th Street SE

Or Call Toll Free 1-800-258-2512

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Minneapolis, MN

Similar sold homes

This house located in University, Minneapolis, MN 55414 is currently for sale for $589,900. 3135 4th Street SE is a 3,607 square foot house with 7 beds and 2 baths that has been on Estately for 17 days. 3135 4th Street SE is in the University neighborhood of Minneapolis and has a WalkScore® of 81, making it very walkable. This house is in the attendance area of Pratt Community School, Northeast Middle School, and Thomas Edison High School.

Listing Courtesy of: NORTHSTAR and Real Broker, LLC.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.