409 7th Street Se, Minneapolis

Large Lot with 5-unit apartment property located in the Marcy Holmes neighborhood near the University of MN. Total of 8 rental rooms, one 3-Bed, one 2-Bed, one 1-Bed and 2 Studio units. Units are in good condition and the roof was replaced in 2023. Large lot provides highly desired off-street parking and an opportunity for future redevelopment. Located near the U of MN, this property has been a solid rental for many years. Easy access to downtown Minneapolis via Hennepin and Central Avenues and HWY 35w. Listed below assessed value. Gross Potential Income: $56,000.

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Essential Information

  • MLS® #6508584
  • Price$431,900
  • Bathrooms0.00
  • Year Built1900
  • TypeCommercial Sale
  • Sub-TypeApartment
  • StyleApartment
  • StatusActive
  • Taxes$7,585

Amenities

  • GaragesGravel

Exterior

  • ConstructionFiber Cement

Additional Information

  • Days on Market31
  • ZoningResidential-Multi-Family

Community Information

  • Address409 7th Street Se
  • AreaMarcy Holmes
  • SubdivisionAuditors Sub 028
  • CityMinneapolis
  • CountyHennepin
  • StateMN
  • Zip Code55414

Interior

  • HeatingForced Air

School Information

  • DistrictMinneapolis

Listing Details

  • Listing OfficeMetro Group Real Estate

MLS #6508584 is a Commercial Sale listing, located at 409 7th Street Se in Minneapolis, MN.

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