RealtyLens
for saleRealtyLens property overview
$519,900

5705 Lyndale Ave S

Minneapolis, MN, 55419
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4Beds
4Baths
3,128Sqft
$166$/sqft

Listing Notes

Solid, cash flowing 4-plex in prime, SW Mpls location. Four, 1/1 900ft2 units. Fully rented - never an issue getting solid renters. Convenient location close to main hwy's yet tucked away in Windom neighborhood, Kowalski's, S Lyndale Wine & Deli, Bachman's & all the trails, parks & great restaurants, schools SW is known for. Coin-op laundry in basement as well as plenty of storage & work spaces. Well cared for with regular maintanence done proactively - newer appliances, paint, throughout. Common areas very clean/neat & cared for. Backyard w/ shed & 4 off-street parking spots. Newer mechanicals. Split electrical & gas meters. Apprx $1k/m rent per unit.

Market Insights

Below nearby median-40%

$166/sqft vs a nearby median of $275/sqft.

Nearby median$275/sqft
Nearby properties12
Property size3,128 sqft
  • -40% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 3,128 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$850k$779k$921k · 56% confidence
vs ask $520k−$330k (−63.5%)

Asking price is about 63.5% below the fair value — likely to draw competing offers if it's still on market.

$276/sqft median across 11 tight comps × 3,128 sqft= $863k
  • Sparse street life−$13k −1.5%
Cumulative NYC adjustments−$13k−1.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-40% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
4 days
Last price change
No change recorded
Listed
May 8, 2026
Photos
15 photos
Property type
multi family
Status
for sale

Photos

Price History

May 8, 2026Initial record
$519,900for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.