Minneapolis, MN 55409,3835 5th AVE S
Minneapolis, MN 55409,3835 5th AVE S
Minneapolis, MN 55409,3835 5th AVE S
Minneapolis, MN 55409,3835 5th AVE S
Minneapolis, MN 55409,3835 5th AVE S
Minneapolis, MN 55409,3835 5th AVE S
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$ 650,000
Est. payment | /mo

4,576 SqFt


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$ 650,000
Est. payment | /mo
Save

4,576 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 4,576 sqft

Price per Sqft $142

Subdivision Fifth Ave Add

MLS Listing ID 6616316

Year Built 1916

Annual Tax Amount $7,257

Tax Year 2024

Contingent None

Lot Size 9,147 Sqft

Acres 0.21

Lot Dimensions 75x122

Property Description

This cash-flowing 4-plex located in South Central Minneapolis presents an exceptional opportunity to expand your portfolio.

Unit #3 is MTM and would be a great opportunity for an owner-occupant investor with almost all of the utilities being charged back to the tenants!

Large yard & parking lot with lots of extra storage available.

2/4 units are 4D program participants which reduces the property taxes by up to an estimated 40% (up to 80% if the new owner registers all 4 units in the program!)

With a limited number of 3-bedroom units available for rent in this area, you'll have strong rental demand and renters who want to stay long-term.

Location

State MN

County Hennepin

Rooms

Basement Brick/Mortar

Interior

Heating Boiler

Fireplace No

Exterior

Garage Parking Lot

Fence Chain Link

Roof Type Flat

Parking Type Parking Lot

Building

Story Two

Foundation 2288

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Stucco

New Construction false

Schools

School District Minneapolis

Listed by Nathan Schammel • MRG Realty Partners, LLC
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3835 5th AVE S