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Nick Leavy

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

$885,000

Est. payment - /mo

8 Beds

4 Baths

3,560 SqFt

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,560 sqft

Price per Sqft $248

Subdivision Sibley Add To St Anth

MLS Listing ID 7105425

Bedrooms 8

Year Built 1888

Annual Tax Amount $11,187

Tax Year 2026

Contingent None

Lot Size 6,534 Sqft

Lot Dimensions 52 x 129.5

Property Sub-Type Fourplex

Property Description

Gorgeous Italianate building in the heart of Northeast with exceedingly-low vacancy rate (less than 30 days of vacancy between all units in the past 16 years). Hardwood floors, exposed brick, stained glass, and beautiful architecture create beautiful homes for your tenants. Private laundry in 3 units and 1 in basement. Large kitchens, front porch, shared rear porches, 3 garage spaces, plenty of off-street parking, and secured storage rooms for each unit make this an excellent opportunity for investors who want steady rental income. This building is turn-key with NOTHING to be done. Tier 1 rental license to-boot. Current leases are MTM but 3 of 4 tenants have been there for over two years.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Owner Access, Shared Access, Storage/Locker, Storage Space, Unfinished

Interior

Heating Forced Air, Radiator

Fireplace No

Laundry In Basement, Electric Dryer Hookup, Gas Dryer Hookup, In Unit

Exterior

Parking Features Detached Garage, Concrete

Garage Spaces 3.0

Fence None

Pool None

Roof Type Flat,Rubber

Building

Lot Description Public Transit (w/in 6 blks)

Story Two

Foundation 2156

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Frame

New Construction false

Schools

School District Minneapolis

Others

Virtual Tour https://tour.pivo.app/view/mls/5035e21c-6510-4fc3-96ad-fa8ff9dbd182

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Listed by Jennifer Geisinger • Luke Real Estate

Nearby School & Business

PICK YOUR CITY

444-446 Madison ST NE Minneapolis, MN 55413