REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

$750,000
Est. payment /mo
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Nicollet Ave Add
MLS Listing ID 6826491
Year Built 1923
Annual Tax Amount $2,652
Tax Year 2025
Contingent None
Lot Size 6,098 Sqft
Lot Dimensions 45 x 131 x 45 x131
Property Description
A 6-unit multifamily investment opportunity located in the Lyndale neighborhood of South Minneapolis. The property is comprised of four two-bedroom units & two one-bedroom units.
A new high-efficiency boiler & two new water heaters were installed in 2024. The windows were replaced in 2019. The building is currently enrolled in the Minneapolis 4D program, providing a significant reduction in annual property tax expense. There is off-street parking in the back of the building; one space for each unit. All current tenants are on month-to-month leases.
The property is well located for easy access to I-35W as well as for easy access to numerous neighborhood amenities toward Lyndale Avenue & beyond.
A new high-efficiency boiler & two new water heaters were installed in 2024. The windows were replaced in 2019. The building is currently enrolled in the Minneapolis 4D program, providing a significant reduction in annual property tax expense. There is off-street parking in the back of the building; one space for each unit. All current tenants are on month-to-month leases.
The property is well located for easy access to I-35W as well as for easy access to numerous neighborhood amenities toward Lyndale Avenue & beyond.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Interior
Heating Boiler
Inclusions Building
Fireplace No
Exterior
Parking Features Parking Lot
Utilities Available Electric Separate
Present Use Residential
Building
Foundation 6098
Sewer City Sewer/Connected
Water City Water/Connected
New Construction false
Schools
School District Minneapolis
Read Less Info
Listed by David Dirkers • MRG Realty Partners, LLC
Questions about this property?

QUICK SEARCH
- Minneapolis, MN Homes For Sale
- Saint Paul, MN Homes For Sale
- Edina, MN Homes For Sale
- Minnetonka, MN Homes For Sale
- Wayzata, MN Homes For Sale
- Plymouth, MN Homes For Sale
- Maple Grove, MN Homes For Sale
- Woodbury, MN Homes For Sale
- Eagan, MN Homes For Sale
- Apple Valley, MN Homes For Sale
- Lakeville, MN Homes For Sale
- Burnsville, MN Homes For Sale
- Blaine, MN Homes For Sale
- Rosemount, MN Homes For Sale
- Savage, MN Homes For Sale
- Shakopee, MN Homes For Sale
- Chanhassen, MN Homes For Sale
- Prior Lake, MN Homes For Sale
- Eden Prairie, MN Homes For Sale
- Inver Grove Heights, MN Homes For Sale
- Cottage Grove, MN Homes For S
- Rogers, MN Homes For Sale
- Champlin, MN Homes For Sale
- Forest Lake, MN Homes For Sale
- White Bear Lake, MN Homes For Sale
- Andover, MN Homes For Sale
- Brooklyn Park, MN Homes For Sale
- Brooklyn Center, MN Homes For Sale
- Elk River, MN Homes For Sale
- Stillwater, MN Homes For Sale



