2017 Grand AVE S, Minneapolis, MN 55405 - MLS#6698884

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Nick Leavy

nick@ermetro.com +1(612) 236-5331

$675,000

Est. payment - /mo

8 Beds

4 Baths

5,654 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,654 sqft

Price per Sqft $119

Subdivision Badger & Penneys Add

MLS Listing ID 6698884

Style (MF) Four Plex

Bedrooms 8

Year Built 1904

Annual Tax Amount $9,306

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 64x129

Property Description

Located in the highly desirable Whittier neighborhood of Uptown Minneapolis, this well-maintained four-unit building offers exceptional investment potential. Set on an extra-wide 64 ft lot, the property provides a mix of spacious living spaces, recent upgrades, and a prime location with strong rental demand. Ideal for investors seeking a low-maintenance property with long-term income potential.

Property Highlights:

Unit 1 & 2: Expansive 3-bedroom units featuring wood floors, cozy fireplaces, and recent updates. Unit 1 includes refinished floors, modern kitchen cabinets, updated tile floors, and beautiful granite countertops.

Unit 3 (Top Level): A large, 2-bedroom unit that boasts a private deck, gas fireplace, and luxurious vinyl flooring. The kitchen has also been updated with sleek granite countertops, making this space a perfect home for tenants seeking comfort and style.

Lower-Level Studio: This cozy studio apartment has its own egress and a utility room equipped with owned coin-operated laundry, adding extra convenience for residents.

Parking & Amenities: The property offers three garage stalls and ample off-street parking. Plus, a brand-new roof was installed in 2024, ensuring peace of mind and no major roofing expenses for years to come.

This building offers fantastic potential for steady rental income in a thriving area with excellent amenities, restaurants, and transit options nearby. With its spacious units, recent updates, and prime location in Uptown Minneapolis, this building represents an outstanding investment opportunity. The strong rental demand in this area ensures the property will remain a reliable source of income. Don't miss your chance to invest in this desirable, low-maintenance property!

Location

State MN

County Hennepin

Community Badger & Penneys Add

Direction South on 94 to Lyndale Ave. Take a left (east) on Franklin Ave S, go 3 blocks and take a right on Grand Ave S. Arrive at 2 property on the left 2017 Grand Ave S.

Rooms

Basement Concrete Block, Egress Windows, Finished (Livable), Shared Access, Single Tenant Access, Walkout

Interior

Heating Boiler, Radiator

Laundry Common Area, In Basement

Exterior

Parking Features Detached Garage, Driveway - Concrete

Garage Spaces 3.0

Roof Type Age 8 Years or Less

Accessibility None

Porch Deck

Total Parking Spaces 3

Building

Water City Water/Connected

Architectural Style (MF) Four Plex

Others

Senior Community No

Tax ID 3402924220004

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Listed by Bridge Realty, LLC

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