, Minneapolis, MN 55414 (MLS# 6487735)

Minneapolis, MN 55414

$2,750,000
Property Type: Commercial Lot Size (sq. ft.): 26,136 Status: Closed
Current Price: $2,750,000 List Date: 2/10/2024 Last Modified: 11/01/2025

Overview

Description

Perfectly situated on the UofM Campus, making it the PERFECT location for students. This fantastic investment opportunity boasts two large rental properties on one lot. 925 6th St SE is the TKE fraternity house with 11 bedrooms, 5 bathrooms, multiple common areas and 7 off street parking spots. 617 10th Ave SE is an 8 unit apartment building with 7 indoor garage stalls and indoor bike rack. Apartments include in-unit washer/dryer, dishwasher, stainless steel appliances and high end finishes. The third structure is the Carriage house, currently used for storage. 925 6th will have all rooms available at fist showing. 617 10th will have two units available at first showing and more can be shown at future showings. All units are occupied with good standing leases in place. Detailed financials are available upon request.

Listing Details MLS# 6487735

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
10
Year Built
1903
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Foundation Size
2310
Garage Stalls
10
For Sale or Lease
For Sale
Acres
0.6
Lot Dimensions
132x190

Property Features

Accessible: None CMU Style: Apartments/Multi Family Construction Status: Previously Owned Current Use: Residential Exterior: Brick/Stone Financing Terms: Conventional Fuel: Natural Gas Heating: Hot Water On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Parking Characteristics: Parking Lot Sewer: City Sewer/Connected Water: City Water - In Street

Contract Information

Off Market Date
2024-09-13
Closed Date
2024-10-31
Sales Close Price
2750000
Contingency
None
ListPrice
2999900
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
Mill Cos Add To St Anthony Falls

Assessments

Tax With Assessments
47898

Building Information

Building Finished SqFt
6930

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, Fixture/Equipment, Land, Leases

Unit 1

Unit Number
Yes
Leased?
No

Unit Details

Total Units
8
IDX
Listing Office: Stepping Stone Brokers LLC
Last Updated: November - 01 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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