Property Listing
Description
Check out this fully stabilized, 11-unit multifamily building in South Minneapolis. This property has been meticulously cared for by the owners for 25 years. Historic 99% occupancy with high-quality long-term tenants in place. Easy value add through rent bumps without having to take on any rehab. The building operates efficiently without third-party management, due to incredible caretakers. Recent upgrades include a new roof and resealed windows (2023), plus modern interior updates in over half the units, including renovated bathrooms and flooring. Each unit is separately metered with 11 off-street parking spaces for tenants. Located in an Opportunity Zone with lots of ongoing developments throughout the neighborhood.
Property Information
Status: Active
Sub Type: ********
List Price: $1,100,000
MLS#: 6676751
Current Price: $1,100,000
Address: 1810 Portland Avenue, Minneapolis, MN 55404
City: Minneapolis
State: MN
Postal Code: 55404
Geo Lat: 44.964747
Geo Lon: -93.268061
Subdivision: Jackson Daniels & Whitneys Add
County: Hennepin
Property Description
Year Built: 1963
Lot Size SqFt: 6534
Gen Tax: 17526.4
Specials Inst: 0
High School: ********
Square Ft. Source:
Above Grade Finished Area:
Below Grade Finished Area:
Below Grade Unfinished Area:
Total SqFt.: ********
Style: ********
Total Bedrooms: 11
Total Bathrooms: 11
Total Full Baths: ********
Garage Type:
Garage Stalls: 0
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain: Array
Interior Amenities:
Inclusions: Building, Leases, Rental License
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: