Pending
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Pending

$447,500

5 Beds 3 Baths 3,021 SQFT 0.14 Acres
Type: Pending

4656 Polk Street NE
Columbia Heights, MN 55421

MLS#: 7140735
Dennis Libby
Dennis Libby
The Real Estate Advantage
Agent
Phone: 952.239.5464
Office: 952.401.8500
Presented by: RE/MAX Results

Property Description

 

Income-producing fourplex in a convenient Columbia Heights location. This well-maintained property features a durable stucco and brick exterior and a practical unit mix of one studio and three two-bedroom units. The building is fully occupied and generating rental income, making it an excellent opportunity for an investor or owner-occupant looking to build equity while offsetting housing costs with rental income. Designed with functionality in mind, the property offers updated electric panels with separate services for each unit, on-site laundry, and a dedicated storage unit for each apartment. Off-street parking is available, with abundant additional street parking for residents and guests. Located close to bus lines, local shopping, restaurants, and everyday amenities, this is a convenient and accessible location for tenants. A true workhorse property with a solid unit mix, desirable amenities, and consistent income-producing potential. Whether you’re expanding your investment portfolio or looking to live in one unit while renting the others, this fourplex offers flexibility and opportunity in Columbia Heights.


 

Interior Features

Bedrooms

Total Bedrooms7

Bathrooms

Total Baths4

Other Interior Features

Above Grade Finished Area1,678 sqft
BasementFull
Basement (Y/N)Yes
Below Grade Finished Area1,343 sqft
FuelNatural Gas
Laundry FeaturesLower Level, Laundry Room

General

AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesLaundry, Coin-op Laundry Owned
CityColumbia Heights
ContingencyNone
CountyAnoka
DirectionsI-694 TO CENTRAL AVENUE NORTHEAST/MN-65 TO 47TH AVENUE NORTHEAST TO POLK STREET NORTHEAST TO HOME
Electric Expense1
Fuel Expense1
Garage Spaces0
Gross Income53544
HeatingHot Water
High School DistrictColumbia Heights
Insurance Expense1
Land Lease Y/NNo
Lender OwnedNo
LevelsOne
Living Area3,021 sqft
Lot Size UnitsAcres
MaintenanceExpense1
New ConstructionNo
Number Of Units Total4
Operating Expense1
Pool FeaturesNone
PostalCityColumbia Heights
Property SubtypeFourplex
Property TypeResidential Income
RoofAge Over 8 Years, Asphalt
SewerCity Sewer/Connected
Standard StatusPending
Subdivision NameSheffields 2nd Sub
Tax Annual Amount$7,354
Tax Year2026
Trash Expense1
Water Sewer Expense1
Year Built1960
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total3,275 sqft
Foundation Area1,660 sqft
Lot Dimensions55x128
Lot Size Area0 sqft
Parking FeaturesAsphalt
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School N/A
Middle School N/A
Elementary School N/A

  

Similar Properties

$447,500

5 Beds 3 Baths 3,021 SQFT 0.14 Acres
Type: Pending

4656 Polk Street NE
Columbia Heights, MN 55421

MLS#: 7140735
Dennis Libby
Dennis Libby
The Real Estate Advantage
Agent
Phone: 952.239.5464
Office: 952.401.8500