Minneapolis, MN 55435,4001 Mavelle DR
Minneapolis, MN 55435,4001 Mavelle DR
Minneapolis, MN 55435,4001 Mavelle DR
Minneapolis, MN 55435,4001 Mavelle DR
Minneapolis, MN 55435,4001 Mavelle DR
Minneapolis, MN 55435,4001 Mavelle DR
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$ 2,750,000
Est. payment | /mo

0.67 Acres Lot


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$ 2,750,000
Est. payment | /mo
Save

0.67 Acres Lot

Key Details

Property Type Commercial

Listing Status Contingent

Purchase Type For Sale

Subdivision Stows Edgemoor Add Blk 9 Rep

MLS Listing ID 7000870

Year Built 1961

Annual Tax Amount $28,991

Tax Year 2025

Contingent None

Lot Size 0.670 Acres

Acres 0.67

Lot Dimensions Irregular

Property Description

Tree-lined, classic 12-unit apartment building ideally tucked behind the Room & Board high-end furniture store and directly across from the renowned upscale Galleria Mall. The property features 11 spacious two-bedroom, one-bath units and one studio, all offering well-designed, open, and functional floor plans.

Residents enjoy walking-distance access to numerous restaurants, shops, banks, Lunds & Byerlys, Whole Foods, Southdale Center, Cub Foods, and Target. Located just 10 minutes from downtown Minneapolis and the University of Minnesota, the property is also situated within the highly sought-after Edina School District.

This property offers a quiet residential sanctuary in the heart of Edina, combining privacy with unmatched convenience. Each unit includes a private one-car detached garage plus one additional off-street parking space.

Additional features include:

Baseboard hot water radiant heat for consistent comfort

Tenants pay electric

Coin-operated laundry on site

Located in Edina—one of the most affluent close-in suburbs of Minneapolis—the property presents future redevelopment potential, situated just half a block from the France Avenue commercial district, which includes hospitals, physician offices, and high-end shopping destinations. The property is zoned PRD-4, allowing for flexible higher-density multifamily development with commercial elements (buyer to verify with the City of Edina).

1031 Exchange property.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Interior

Heating Baseboard, Boiler

Cooling Window Unit(s)

Inclusions Building, Land, Leases

Fireplace No

Exterior

Parking Features Detached Garage, Parking Lot

Garage Spaces 12.0

Utilities Available Electric Separate, Heating Common

Present Use Residential

Building

Foundation 500

Sewer City Sewer/Connected

Water City Water/Connected

New Construction false

Schools

School District Edina

Listed by Zuo Zhi • Sweet Home Realty, LLC

Schools and Properties Nearby

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4001 Mavelle DR