4748 Blaisdell Avenue, Minneapolis, MN 55419

New Listing
$725,000
Property Type: Multi-Family Bedrooms: 4 Baths: 4 Square Footage: 4,830 Lot Size (sq. ft.): 5,663 Status: Coming Soon
Current Price: $725,000 List Date: 4/07/2026 Last Modified: 4/08/2026

Overview

Description

Rare opportunity to own a stunning Craftsman-style 4-plex in the sought after Tangletown neighborhood. Each of the four units showcases beautiful original woodwork, hardwood floors, and timeless vintage details throughout. Thoughtfully designed open layouts are filled with natural light, enhanced by charming wood work & custom-built oak buffets. Ideally situated in a vibrant, walkable location, this property is walking distance to popular cafes, restaurants, coffee shops, the salt caves, and more. Each unit is equipped with its own boiler heating system and separate electric, offering convenience and efficiency. The roof was topcoat 9/2025. The full basement provides shared laundry, ample storage, and a rough-in for a potential fifth unit, studio, gym, or workshop—adding even more value and flexibility. Whether you're looking for an owner-occupied residence or an investment opportunity, this property checks all the boxes. 4-plexes in this neighborhood are rarely available—don’t miss your chance to own a truly charming, quality-built asset in a high-demand location.

Listing Details MLS# 7049826

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
No
Year Built
1916
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1610
Above Ground SqFt
3220
Below Grd Total SqFt
1610
Total SqFt
4830
Foundation Size
1610
Style
(MF) Four Plex
Total Finished Sqft
3220.00
Power Company
Xcel Energy
Garage Stalls
4
Lot Dimensions
131 X 45
Acres
0.13
Assessment Pending
No

Property Features

Accessible: None Basement: Full Construction Materials: Concrete; Frame Construction Status: Previously Owned Exterior: Stucco Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler Laundry: Laundry Room; Lower Level Lot Description: Corner Lot; Tree Coverage - Light Owner Pays: Sewer; Trash Collection; Water Rental License Type: Standard Road Frontage: City Street Road Responsibility: Public Maintained Road Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity; Gas; Heat Unit 1 Appliances: Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
725000
ListPrice
725000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
4748
Street Name
Blaisdell
Street Suffix
Avenue
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55419
Complex/Dev/Subdivision
Swans 2nd Add

Assessments

Tax With Assessments
3978.14
Assessment Balance
0

Basement

Foundation Dimensions
46.5 X 35
Full
Yes

More Information

Building Information

Finished SqFt Above Ground
3220

Income and Expenses

Annual Electric Expense
423
Annual Fuel Expense
189
Annual Gross Expenses
22150
Annual Gross Income
63360
Annual Insurance Expense
2797
Annual Repair Expense
1163
Annual Trash Expense
2125
Annual Water/Sewer Expense
2089
Misc Monthly Income
100
Misc. Annual Income
1200
Total Annual Expenses
22150
Annual Caretaker Expense
0
Annual Maintenance Expense
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
37 X 19
Garage Square Feet
740

Public Survey Info

Range#
24
Section#
15
Township#
28

Unit 1

Furnished?
No
Lease Expiration Date
2026-05-31
Leased?
Yes
Level
Main Level
Unit Number
Yes
Annual Rent
15540
Finished SqFt
607
Full Baths
Yes
Monthly Rent
1295
No. of Units Like This
4
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
5

Unit Details

Total Units
4

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
LOT 013 BLOCK 007 SWANS 2ND ADDN TO MPLS
Listing City
Minneapolis
Map Page
120
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
1210
Property ID Number
1502824210165
Tax Year
2026
Tax Amount
3978.14
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Rare opportunity to own a stunning Craftsman-style 4-plex in the sought after Tangletown neighborhood. Each of the four units showcases beautiful original woodwork, hardwood floors, and timeless vintage details throughout. Thoughtfully designed open layouts are filled with natural light, enhanced by charming wood work & custom-built oak buffets. Ideally situated in a vibrant, walkable location, this property is walking distance to popular cafes, restaurants, coffee shops, the salt caves, and more. Each unit is equipped with its own boiler heating system and separate electric, offering convenience and efficiency. The roof was topcoat 9/2025. The full basement provides shared laundry, ample storage, and a rough-in for a potential fifth unit, studio, gym, or workshop—adding even more value and flexibility. Whether you're looking for an owner-occupied residence or an investment opportunity, this property checks all the boxes. 4-plexes in this neighborhood are rarely available—don’t miss your chance to own a truly charming, quality-built asset in a high-demand location.
Directions
Take Nicolette Ave S. to W. 48th Street. Take a right on 48th Street. Go down 1 block to Blaisdell Ave. Property is on corner.

Accessible

None
Yes

Construction Materials

Concrete
Yes
Frame
Yes

Construction Status

Previously Owned
Yes

Exterior

Stucco
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes

Laundry

Laundry Room
Yes
Lower Level
Yes

Lot Description

Corner Lot
Yes
Tree Coverage - Light
Yes

Owner Pays

Sewer
Yes
Trash Collection
Yes
Water
Yes

Rental License Type

Standard
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

No. of Ranges

Four
Yes

No. of Refrigerators

Four
Yes

Tenant Pays

Electricity
Yes
Gas
Yes
Heat
Yes

Unit 1 Appliances

Range
Yes
Refrigerator
Yes

Unit 1 Bath Description

Main Floor Full Bath
Yes

Documents

Listing Office: Lakes Area Realty
IDX
Last Updated: April - 08 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.