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Marc Hedlund

marc@iheartexit.com +1(701) 730-4440

$2,500,000

Est. payment - /mo

0.32 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision J T Blaisdells Rev Add

MLS Listing ID 7037156

Year Built 1966

Annual Tax Amount $34,094

Tax Year 2026

Contingent None

Lot Size 0.320 Acres

Lot Dimensions 85 x 165

Property Description

Attractive 21-unit in the highly sought after Whittier Park neighborhood of Minneapolis, Minnesota. All brick and stucco exterior built in 1966 with great curb appeal. The unit mix features two well appointed 2-bedrooms, fifteen large 1-bedrooms, and four studios. Most of the apartments have been renovated including newer kitchens, bathrooms, luxury vinyl plank flooring, lighting fixtures, and updated appliance packages. The property has newer double pane vinyl replacement windows, two energy efficient hot water boilers, and newer coin operated laundry machines. Close proximity to the Minneapolis College of Art & Design (MCAD), Mpls. Institute of Arts Museum, and downtown Minneapolis. Proforma NOI $187,179 with a cap rate 7.42%.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Block, Egress Window(s), Finished, Full, Storage/Locker

Interior

Heating Boiler, Hot Water

Cooling Wall Unit(s)

Flooring Carpet, Luxury Vinyl Plank, Tile, Vinyl, Wood

Inclusions Building, Land, Leases, Rental License

Fireplace No

Appliance Range, Refrigerator

Exterior

Parking Features Paved Lot

Fence Partial

Pool None

Utilities Available Electric Separate, Heating Common, Hot Water Common

Roof Type Age Over 8 Years,Flat,Tar/Gravel

Present Use Residential

Building

Lot Description Tree Coverage - Light

Story Three Or More

Foundation 6900

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Three Or More

Structure Type Brick,Frame

New Construction false

Schools

School District Minneapolis

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Listed by Nathan Opatz • Apartment Cash Flow, Inc.

Nearby School & Business

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Marc Hedlund

+1(701) 730-4440

Broker | License ID: 40339406

Broker License ID: 40339406

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2637 Pleasant AVE Minneapolis, MN 55408

Marc Hedlund

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Nearby School & Business

Get More Information