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Hatch Brokered by Real

| Hatch Brokered by Real | Real Brokerage LLC | PLACE

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456 Buchanan St NE , Minneapolis, MN 55413
$489,950
Est. Payment: $2,531.31/mo
6 Bed
4 Bath
2688 Sqft
Status: Active | Days on site: 84
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11311 - 506012579
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House Description

Four-unit property with Northeast character in a great location of the Beltrami neighborhood. Grocery stores, restaurants, breweries, and the University of Minnesota all in close proximity. All units are currently rented month-to-month with long-term tenants in place. The property includes two 2-bedroom units on the upper floor and two 1-bedroom units on the main level. Unit 1 was originally a neighborhood storefront during the roaring ’20s, adding a colorful chapter of local history to the property. Additional income opportunities include rent growth, RUBS implementation, monetizing the 5 garage spaces, and pet rent (building is dog-friendly). Large lot with yard adds further tenant appeal. Unit 1 - 672 sqft (1BR/1BA) – $1,000 Unit 2 - 588 sqft (1BR/1BA) – $950 Unit 3 - 672 sqft (2BR/1BA) – $1,050 Unit 4 - 588 sqft (2BR/1BA) – $1,000 Building Improvements: Roof: New in 2017 Garage Roof: New 2026 Boiler: New in 2013 Plumbing: Supply lines, PEX, 2013 Water Heaters: Replaced in 2013 Operating Expense Taxes: $9,381 Water + Solid Waste: $4,131 Insurance: $2,481 Gas : $2,769 Electric: $500

Highlights

Listed by Al Jasko , 612-990-6355 Lifestyles , 763-229-4965. Minneapolis/St. Paul and St. Cloud - Northstar MLS

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

1910

County

Hennepin

Neighborhood

Ramsey Lockwood & Others Add St Anth

School District

Minneapolis

Listing ID

7087862

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:4
  • Full Bathrooms:4
Above Ground Sq Ft:2688
Below Ground Sq Ft:0
Basement:Block
Water:City Water - In Street

Exterior Features

Lot:Corner Lot
Lot Dimensions:39.30 X 131.00
Roof:Flat
Sewer:City Sewer - In Street
Parking Features:Detached Garage
Principal Interest
$2,531
Taxes
$714

Home Price

$489,950

Loan Details

30 yrs
6.708%

Down Payment

20%
$97,990
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Monthly Price:
$2,531.31

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,531.31 $714.25 $0.00 $3,245.56
Yearly $30,375.74 $8,571.00 $0.00 $38,946.74
Total $911,272.28 $257,130.00 $0.00 $1,168,402.28
Lender profile image
Will Provost
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Minneapolis, MN).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-06T06:58:06.000Z

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