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$499,900
Est. payment /mo
4 Beds
4 Baths
2,760 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Contingent
Purchase Type For Sale
Square Footage 2,760 sqft
Price per Sqft $181
MLS Listing ID 7096268
Bedrooms 4
Year Built 1929
Annual Tax Amount $8,532
Tax Year 2026
Contingent Inspection
Lot Size 4,791 Sqft
Lot Dimensions 124x40
Property Sub-Type Apartment
Property Description
Solid brick fourplex on Chicago Avenue South, three units leased and a vacant fourth ready for the next owner to set the rate. Current rents run $1,175 to $1,200 per month with long-term tenants in place. The boiler was replaced seven years ago and the water heater for Unit 2 is new in 2023. Hardwood floors throughout, radiator heat, and individual water heaters per unit. A Metro Transit stop sits directly in front of the building, making this an easy leasing story for future tenants. Consistent occupancy in a neighborhood with steady rental demand.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Family Room Other
Basement Partial
Interior
Heating Hot Water
Fireplace No
Exterior
Fence Chain Link
Roof Type Flat
Building
Lot Description Public Transit (w/in 6 blks)
Story Two
Foundation 1380
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Minneapolis
Others
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Listed by Eric Eickhof • Jason Mitchell Group
NEARBY SCHOOL & BUSINESS
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