3485 Lester Avenue Avenue, Hastings, MN 55033

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Listing courtesy of Edina Realty, Inc.. Selling Office: .

Sold Price
$492,900
List Price
$549,900
Closing Date
Sep 14, 2026
MLS#
7117247
Status
CLOSED
Year Built
1969
County
Out Of State
Municipality
Hastings
TotalSqFt
3,300
Acres
0.37
Subdivision
Powers Place

Property Description

Incredible investment opportunity! This 4-plex features four 2 bedroom, 1 bath units with functional open layouts designed for comfortable living. Upper-level units offer private balconies, while tenants enjoy the convenience of on-site laundry, dedicated garage parking with one stall per unit, and additional off-street parking. A strong rental history with long-term tenants provides added confidence for investors seeking a proven income-producing property. Conveniently located near parks, shopping, restaurants, and major transportation routes, this property offers a desirable location that continues to attract and retain renters. Whether you're expanding your portfolio or purchasing your first multifamily property, this is an opportunity you won't want to miss.

Additional Information

TotalTaxes
$6,519
Utilities
Electricity, Electricity, Cable
Basement
None
Exterior
Brick/Stone
Heating / Cooling
Electricity, Electricity, Cable
Roof
Other
Garage Description
Detached
Garage Spaces
5
School District
Hastings
Courtesy Of
Edina Realty, Inc.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

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