4030 Cleveland Street NE, Columbia Heights, MN 55421

New Listing
$359,900
Property Type: Multi-Family Bedrooms: 4 Baths: 2 Square Footage: 2,800 Lot Size (sq. ft.): 6,970 Status: Active
Current Price: $359,900 List Date: 5/13/2026 Last Modified: 5/13/2026

Overview

Description

Excellent investment opportunity featuring a well-maintained side-by-side duplex, with each unit offering 2 bedrooms, 1 full bath, a spacious living room, and a large unfinished basement with excellent potential for added living space or storage. Ample off-street parking is available via the extended driveway. Unit 4028 is currently leased at $1,375/month with the tenant responsible for all utilities, while Unit 4030 is vacant and ready for an owner-occupant or new tenant. Perfect for investors looking to expand their portfolio or buyers seeking an owner-occupied income property. Note: Units and basement areas are fully separate, with only one shared interior stairway access. Don’t miss this versatile income-producing opportunity!

Listing Details MLS# 7073754

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
No
Year Built
1963
Yearly/Seasonal
Yearly
Main Floor Total SqFt
1480
Above Ground SqFt
1480
Below Grd Total SqFt
1320
Total SqFt
2800
Foundation Size
1480
Style
(MF) Duplex Side X Side
Total Finished Sqft
1480.00
Power Company
Xcel Energy
Acres
0.16
Assessment Pending
Unknown
Lot Dimensions
No
Garage Stalls
0

Property Features

Accessible: None Amenities Shared: None Assumable Loan: Not Assumable Basement: Concrete Block; Full; Unfinished Construction Status: Previously Owned Electric: Circuit Breakers Exterior: Brick/Stone; Vinyl Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: In Basement; Lower Level Lock Box Type: Combo Owner Pays: Sewer; Water Rental License Type: Standard Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Shared Rooms: Other Stories: One Tenant Pays: Electricity; Gas; Lawn; Trash Collection Unit 1 Amenities: Hardwood Floors; Washer/Dryer Hookup Unit 1 Appliances: Dryer; Range; Refrigerator; Washer Unit 1 Bath Description: Main Floor Full Bath Unit 1 Dining Room Description: Eat In Kitchen Unit 2 Amenities: Hardwood Floors Unit 2 Appliances: Dryer; Range; Refrigerator Unit 2 Bath Description: Main Floor Full Bath Unit 2 Dining Room Description: Eat In Kitchen Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
359900
ListPrice
359900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
4030
Street Name
Cleveland
Street Suffix
Street
Street Direction Suffix
NE
Postal City
Columbia Heights
County
Anoka
State
MN
Zip Code
55421
Complex/Dev/Subdivision
Aud Sub Waltons Sunny Ac 4th

Assessments

Tax With Assessments
6718
Assessment Balance
0

Building Information

Finished SqFt Above Ground
1480

More Information

Income and Expenses

Annual Gross Expenses
4617
Annual Gross Income
33240
Annual Insurance Expense
1600
Annual Maintenance Expense
150
Annual Net Income
28623
Annual Repair Expense
997
Annual Water/Sewer Expense
1400
Total Annual Expenses
4617
Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Trash Expense
0
Misc Monthly Income
0
Misc. Annual Income
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
36
Township#
30

Unit 1

Furnished?
No
Lease Expiration Date
2026-08-31
Leased?
Yes
Level
Main Level
Unit Number
Yes
Annual Rent
16500
Finished SqFt
1272
Full Baths
Yes
Monthly Expense
85
Monthly Rent
1375
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit 2

Furnished?
No
Leased?
No
Level
Main Level
Unit Number
2
Finished SqFt
1272
Full Baths
Yes
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit Details

Total Units
2

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
S 60 FT OF LOT 1 BLK 6 AUD SUB OF WALTONS SUNNY ACRES 4TH; EX RDS; SUBJ TO EASE OF REC
Listing City
Columbia Heights
Map Page
93
Municipality
Columbia Heights
School District
Columbia Heights
School District Phone
763-528-4500
Property ID Number
363024410049
Tax Year
2026
Tax Amount
6718
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Excellent investment opportunity featuring a well-maintained side-by-side duplex, with each unit offering 2 bedrooms, 1 full bath, a spacious living room, and a large unfinished basement with excellent potential for added living space or storage. Ample off-street parking is available via the extended driveway. Unit 4028 is currently leased at $1,375/month with the tenant responsible for all utilities, while Unit 4030 is vacant and ready for an owner-occupant or new tenant. Perfect for investors looking to expand their portfolio or buyers seeking an owner-occupied income property. Note: Units and basement areas are fully separate, with only one shared interior stairway access. Don’t miss this versatile income-producing opportunity!
Directions
694 to South on 47; Left on 40th; Left on Cleveland.

Accessible

None
Yes

Amenities Shared

None
Yes

Assumable Loan

Not Assumable
Yes

Basement

Concrete Block
Yes
Full
Yes
Unfinished
Yes

Construction Status

Previously Owned
Yes

Electric

Circuit Breakers
Yes

Exterior

Brick/Stone
Yes
Vinyl
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Laundry

In Basement
Yes
Lower Level
Yes

Lock Box Type

Combo
Yes

Owner Pays

Sewer
Yes
Water
Yes

Patio, Porch and Deck Features

Deck
Yes

Rental License Type

Standard
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Shared Rooms

Other
Yes

Stories

One
Yes

Water

City Water/Connected
Yes

No. of Ranges

Two
Yes

No. of Refrigerators

Two
Yes

Tenant Pays

Electricity
Yes
Gas
Yes
Lawn
Yes
Trash Collection
Yes

Unit 1 Amenities

Hardwood Floors
Yes
Washer/Dryer Hookup
Yes

Unit 1 Appliances

Dryer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 1 Bath Description

Main Floor Full Bath
Yes

Unit 1 Dining Room Description

Eat In Kitchen
Yes

Unit 2 Amenities

Hardwood Floors
Yes

Unit 2 Appliances

Dryer
Yes
Range
Yes
Refrigerator
Yes

Unit 2 Bath Description

Main Floor Full Bath
Yes

Unit 2 Dining Room Description

Eat In Kitchen
Yes
Listing Office: Tradewind Properties
IDX
Last Updated: May - 13 - 2026
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