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3485 Lester Avenue, 
Hastings, MN 55033

$549,900

—

Bed

—

Bath

3,300

Sq Ft

Multi-Family

Active

Listed by

Luke Steele

Edina Realty, Inc.

715-386-8236

Last updated:

August 1, 2026, 03:40 PM

MLS#

7117247

Source:

Metro MLS

About This Home

3485 Lester Avenue

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.

Home Facts

Multi-Family

Built in 1969

Subdivision & Development:

Powers Place

Price Summary

549,900

$166 per Sq. Ft.

MLS #:

7117247

Last Updated:

August 1, 2026, 03:40 PM

Added:

5 day(s) ago

Rooms & Interior

Interior

Living Area:

3,300 Sq. Ft.

Structure

Structure

Building Area:

3,300 Sq. Ft.

Year Built:

1969

Lot

Lot Size (Sq. Ft):

16,030

Finances & Disclosures

Finances

Price:

$549,900

Price per Sq. Ft:

$166 per Sq. Ft.

Source:Metro MLS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.