and Anna Isaeva (anna.isaeva@tu-dresden.de) ¥ These authors contributed equally to this work. 2 Combinations of non-trivial band topology and long-range magnetic order hold promise for realizations of novel spintronic phenomena, such as the quantum anomalous Hall effect and the topological magnetoelectric effect. Following theoretical advances material candidates are emerging. Yet, a compound with a band-inverted electronic structure and an intrinsic net magnetization remains unrealized. MnBi2Te4 is a candidate for the first antiferromagnetic topological insulator and the progenitor of a modular (Bi2Te3)n(MnBi2Te4) series. For n = 1, we confirm a non-stoichiometric composition proximate to MnBi4Te7 and establish an antiferromagnetic state below 13 K followed by a state with net magnetization and ferromagnetic-like hysteresis below 5 K. Angleresolved photoemission experiments and density-functional calculations reveal a topological surface state on the MnBi4Te7(0001) surface, analogous to the non-magnetic parent compound Bi2Te3. Our results render MnBi4Te7 as a band-inverted material with an intrinsic net magnetization and a complex magnetic phase diagram providing a versatile platform for the realization of different topological phases.Soon after the discovery of topological insulators (TIs) a decade ago 1 , the role of magnetism and its potential to modify the electronic topology emerged as a central issue in the field of topological materials. Magnetic degrees of freedom provide a powerful means of tuning the decisive characteristic of any topological system: its symmetry. By now it is recognized that the interplay between magnetic order and electronic topology offers a rich playground for the realization of exotic topological states of matter, such as the quantum anomalous Hall state, 2,3 the axion insulator state, 4-6 and magnetic Weyl and nodal lines semimetals, 7-9 enabling in turn different routes to spintronic applications. [10][11][12] The non-trivial topology in paradigmatic TIs like Bi2Te3 is a result of band inversion driven by strong spin-orbit interaction. 13,14 Until recently, the interplay with magnetism in this class of systems has been mostly explored by extrinsic methods, such us doping a known TI