For Sale: Minneapolis MLS# 7000941
Active
NEW!
$300,000
Multi-family: Four Plex
6 br • 4 ba • Built 1883
3,514 sqft • 0.1 acres
MLS# 7000941
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Property Description
Rare Opportunity: Turn-of-the-Century South Minneapolis Quad! Bring your architect and your vision to this 1883-built fourplex, brimming with historic character and untapped potential. Located in the heart of South Minneapolis, this vacant shell offers a unique unit mix: a spacious 3BR unit, a comfortable 2BR unit, and two efficient studios. Completely vacant since July, this property is a blank canvas ready for a full renovation to command top-market rents. Features include original woodwork possibilities, high ceilings, and that unmistakable 19th-century charm. Whether you’re looking to build equity through a total overhaul or create a stunning owner-occupant suite with rental income.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$300,000
Price per sq ft:
$85
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1883
State:
MN
Property Style:
Four Plex
Zip Code:
55404
Neighborhood/Area:
78
Subdivision Name:
Clarks Add
Interior
Bedrooms:
6
Bathrooms:
4
Finished Area:
3,514 ft2
Living Area:
3,514 ft2
Basement Details:
- Crawl Space
- Storage Space
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
0
Foundation Size:
3,514 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Lot & Land
Acres:
0.1
Geolocation:
44.961546, -93.261444
Lot Dimensions:
4356
Schools
School District:
558
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$2,614
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,614
Income
Annual Gross Income:
None
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Real Broker, LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.