UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,732 sqft
Price per Sqft $141
Subdivision Badger & Penneys Add
MLS Listing ID 6698884
Year Built 1904
Annual Tax Amount $9,306
Tax Year 2025
Contingent None
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 64x129
Property Sub-Type Quadruplex
Property Description
Property Highlights:
Unit 1 & 2: Expansive 3-bedroom units featuring wood floors, cozy fireplaces, and recent updates. Unit 1 includes refinished floors, modern kitchen cabinets, updated tile floors, and beautiful granite countertops.
Unit 3 (Top Level): A large, 2-bedroom unit that boasts a private deck, gas fireplace, and luxurious vinyl flooring. The kitchen has also been updated with sleek granite countertops, making this space a perfect home for tenants seeking comfort and style.
Lower-Level Studio: This cozy studio apartment has its own egress and a utility room equipped with owned coin-operated laundry, adding extra convenience for residents.
Parking & Amenities: The property offers three garage stalls and ample off-street parking. Plus, a brand-new roof was installed in 2024, ensuring peace of mind and no major roofing expenses for years to come.
This building offers fantastic potential for steady rental income in a thriving area with excellent amenities, restaurants, and transit options nearby. With its spacious units, recent updates, and prime location in Uptown Minneapolis, this building represents an outstanding investment opportunity. The strong rental demand in this area ensures the property will remain a reliable source of income. Don't miss your chance to invest in this desirable, low-maintenance property!
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Block, Egress Window(s), Finished, Partially Finished, Shared Access, Single Tenant Access, Walkout
Interior
Heating Boiler, Radiator(s)
Fireplace No
Exterior
Parking Features Detached, Concrete
Garage Spaces 3.0
Roof Type Age 8 Years or Less
Building
Story More Than 2 Stories
Foundation 1544
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories More Than 2 Stories
Structure Type Stucco
New Construction false
Schools
School District Minneapolis