4001 Mavelle Drive, Edina, MN

$2,750,000

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0.67

Acres

About 4001 Mavelle Drive

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.

Features of 4001 Mavelle Drive

MLS® # 7000870
Price $2,750,000
Acres 0.67
Year Built 1961
Type Commercial Sale
Status Active

Community Information

Address 4001 Mavelle Drive
Subdivision Stows Edgemoor Add Blk 9 Rep
City Edina
County Hennepin
State MN
Zip Code 55435

Amenities

Utilities Electric Separate, Heating Common
Parking Detached Garage, Parking Lot
# of Garages 12
Is Waterfront No
Has Pool No

Interior

Heating Baseboard, Boiler
Cooling Window Unit(s)
Fireplace No

Exterior

Exterior Features Stone

School Information

District Edina

Additional Information

Days on Market 205
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No

Listing Details

OfficeSweet Home Realty, LLC

Listing Map

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