Active
3835 5th Avenue S
Minneapolis MN, 55409
$650,000
$142.05 per sqft
Active
4,576 sqft
Multi-family
Built in 1916
This cash-flowing 4-plex located in South Central Minneapolis presents an exceptional opportunity to expand your portfolio.
Unit #3 is MTM and would be a great opportunity for an owner-occupant investor with almost all of the utilities being charged back to the tenants!
Large yard & parking lot with lots of extra storage available.
2/4 units are 4D program participants which reduces the property taxes by up to an estimated 40% (up to 80% if the new owner registers all 4 units in the program!)
With a limited number of 3-bedroom units available for rent in this area, you'll have strong rental demand and renters who want to stay long-term.
6616316
MLSⓇ ID
October 12, 2024
Listed
October 15, 2024
Updated
Map
3835 5th Avenue S
Minneapolis MN, 55409
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Boiler
Exterior/Building Features
Lot Size
0.21 Acres
Roof
Flat
Sewer
City Sewer/Connected
School Information
School District
Minneapolis
Other Property Details
Taxes
$7,257
Tax Frequency
Annually
Days on Market
3
Association Amenities
Common Laundry
Garage
No
Parking
Parking Lot
View
No
County
Hennepin
Water Source
City Water/Connected
Pool
No
Courtesy of MRG Realty Partners, LLC
If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Lauren A. Janoski shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Northstar MLS. All rights reserved.
Data last updated 9:41 PM UTC, 10/15/2024
