, Minneapolis, MN 55414 (MLS# 6710049)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 20
Year Built: 1969
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 5122
For Sale or Lease: For Sale
Acres: 0.35
Lot Dimensions: 98x158
Garage Stalls: 0

Property Features

Accessible: None Air Conditioning: Wall Unit(s) Amenities Shared: Coin-op Laundry Owned CMU Style: Apartments/Multi Family Construction Status: Completed New Construction Current Use: Residential Exterior: Brick/Stone Financing Terms: Cash Fuel: Natural Gas Heating: Boiler Loan Terms: Cash; Conventional Lock Box Type: Combo On Site Utilities: Electric Separate; Heating Common; Hot Water Common Parking Characteristics: Paved Lot; Uncovered/Open Sewer: City Sewer/Connected Tenant Pays: Electricity Water: City Water/Connected

Contract Information

Off Market Date: 2025-11-05
Closed Date: 2025-11-21
Sales Close Price: 1742500
Contingency: None
ListPrice: 1995000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55414
Complex/Dev/Subdivision: Thwings 3rd Add

Assessments

Tax With Assessments: 37333
Assessment Balance: 0

Building Information

Building Finished SqFt: 15366

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 24
Section#: 24
Township#: 29

Sale Options

Sale Includes: Building, Land, Leases

Unit 1

No. of 1 Bedroom Units: 5

Unit 2

No. of 2 Bedroom Units: 12

Unit Details

Total Units: 17

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: BLOCK 003 THWINGS 3RD ADDN TO MPLS LOTS 7 8 AND 9 INCL ADJ PART OF ALLEYS VAC
Listing City: Minneapolis
Map Page: 107
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 6342
Property ID Number: 2402924130118
Tax Year: 2024
Tax Amount: 37333
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Turnkey investment in a prime location! This fully renovated 17-unit property features 12 spacious 2-bedroom units and 5 comfortable 1-bedroom units. Includes 20 off-street parking spots and newer coin-operated laundry machines. Just steps from public transit (under 2 blocks) and minutes from the University of Minnesota campus. This is a must-see opportunity!
Directions: 35W N to University exit, University Ave SE, left onto 10th Ave SE, right onto SE 8th St, left onto 11th Ave SE to property.

Accessible

None: Yes

Air Conditioning

Wall Unit(s): Yes

Amenities Shared

Coin-op Laundry Owned: Yes

Construction Status

Completed New Construction: Yes

Exterior

Brick/Stone: Yes

Financing Terms

Cash: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes

Lock Box Type

Combo: Yes

Parking Characteristics

Paved Lot: Yes
Uncovered/Open: Yes

Sewer

City Sewer/Connected: Yes

Water

City Water/Connected: Yes

Tenant Pays

Electricity: Yes

On Site Utilities

Electric Separate: Yes
Heating Common: Yes
Hot Water Common: Yes

CMU Style

Apartments/Multi Family: Yes

Current Use

Residential: Yes

Loan Terms

Cash: Yes
Conventional: Yes