$431,900
Active
40 Days Online
0 Beds0 Baths3,548 SQFT
Active

409 7th Street Minneapolis, MN 55414

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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.

  • Property TypeCommercial
  • NeighborhoodAuditors Sub 028
  • CountyHennepin
  • Taxes$7,585
  • HOA/Condo/Coop Fees$0
  • Days on Site39 Days
  • MLS StatusActive
  • MLS ID Number6508584
  • Home Size Source N/A
  • Year Built1900
  • Lot Size0.21 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Fiber Cement
  • Parking Gravel
  • Zoning Residential-Multi-Family
  • Property Sub Type Apartment
  • Garage Spaces 0
  • Contingency None
  • Sewer City Sewer - In Street
  • Water City Water/ Connected

Interior Features

  • Heating Forced Air

Exterior Features

  • Construction Details Fiber Cement

Schools

School District
Minneapolis
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$2,350
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