$525,000
For Sale

1010 23rd Avenue NE

Minneapolis, MN 55418
Listing OfficeMRG Realty Partners, LLC
Browse 19 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Now offered for sale in one of the most desirable rental neighborhoods of Minneapolis, this 4-plex offers owner occupants or investors a chance to add a prime location to their rental portfolio.
All units have “no winter move-out notice” stipulations through February 2025, so investors or owner occupants alike won’t have to worry about finding new tenants in the middle of winter. 3/4 Units are currently MTM.
Many mechanical updates have been completed by the owner investing thousands in a high-efficiency boiler, water heater, electrical, and plumbing which reduces the chance of a big expense in the first few years for the new owner.
Unit 3 is a large 2-bed unit which is split into 2 floors! Lots of living space demands a higher monthly rent or a great option for the work-from-home owner occupant investor.
Large parking lot out back where a garage used to be gives tenants plenty of space to park, or space to create a private backyard patio.
Please allow for 24-36 hour notice for showings with full occupancy.
This one will go quick, so come check it out today!

  • Property Details
      • RoofAge Over 8 Years, Asphalt
      • Sewer InformationCity Sewer/Connected
      • Utility SourceCity Water/Connected
      • SubdivisionPolk Street Sub
      • Parcel Number1202924320117
      • Property TypeMulti-Family
      • Basement DescriptionBrick/Mortar
      • School DistrictMinneapolis
      • Property SubtypeQuadruplex
      • HeatingHot Water
      • CountyHennepin
      • MLS #6622707
      • MLS #6622707
      • Taxes Annual$8,622
      • Cost525000
      • Square Feet4968
      • Year Built1900
      • Days on Market (Cumulative)89
      • Basement1

Location

Jayce Johnson | RE/MAX Realty 1Real Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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