, Minneapolis, MN 55414 (MLS# 6710049)

Minneapolis, MN 55414

$1,742,500
Property Type: Commercial Lot Size (sq. ft.): 15,246 Status: Closed
Current Price: $1,742,500 List Date: 5/02/2025 Last Modified: 8/27/2026

Overview

Description

Turnkey investment in a prime location! This fully renovated 17-unit property features 12 spacious 2-bedroom units and 5 comfortable 1-bedroom units. Includes 20 off-street parking spots and newer coin-operated laundry machines. Just steps from public transit (under 2 blocks) and minutes from the University of Minnesota campus. This is a must-see opportunity!

Listing Details MLS# 6710049

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
20
Waterfront YN
No
Year Built
1969
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Foundation Size
5122
For Sale or Lease
For Sale
Acres
0.35
Lot Dimensions
98x158
Assessment Pending
No

Property Features

Accessible: None Air Conditioning: Wall Unit(s) Amenities Shared: Coin-op Laundry Owned CMU Style: Apartments/Multi Family Construction Status: Completed New Construction Current Use: Residential Exterior: Brick/Stone Financing Terms: Cash Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler Loan Terms: Cash; Conventional Lock Box Type: Combo On Site Utilities: Electric Separate; Heating Common; Hot Water Common Parking Characteristics: Paved Lot; Uncovered/Open Sewer: City Sewer/Connected Tenant Pays: Electricity Water: City Water/Connected

Contract Information

Off Market Date
2025-11-05
Closed Date
2025-11-21
Sales Close Price
1742500
Contingency
None
ListPrice
1995000
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
Thwings 3rd Add

Assessments

Tax With Assessments
37333

Building Information

Building Finished SqFt
15366

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, Land, Leases

Unit 1

No. of 1 Bedroom Units
5

Unit 2

No. of 2 Bedroom Units
12

Unit Details

Total Units
17
IDX
Listing Office: Mauzy Properties
Last Updated: August - 27 - 2026
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.