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2549 11th Avenue S, Minneapolis, MN 55404

Status: For Sale

4 units
3,822 sq ft

$749,900

WELCOME HOME

Get to know this property.

Turnkey, 100% occupied four-plex delivering immediate cash flow in a prime Minneapolis location. Generating gross rental income of $6,548/month ($78,576 annualized), this high-performing property blends turn-of-the-century craftsmanship with major modern updates. Tenants enjoy a highly walkable neighborhood just blocks from Abbott Northwestern Hospital, Midtown Global Market, and top bike trails. • The Space: 3,822 above-ground sq. ft. featuring soaring high ceilings and rich, natural woodwork. • The Bonus: An additional 1,458 sq. ft. basement equipped with coin-operated laundry for extra revenue. • The Portfolio: Located at 2549 11th Ave. S, Minneapolis, MN 55404, this property can be purchased individually or as a package with a side-by-side duplex at 566 & 568 37th Ave. NE (MLS 7149871). Review the Offering Memorandum for full financial details.

The details that matter.

General Property Information for 2549 11th Avenue S, Minneapolis, MN 55404 - MLS# 7149877
Bedrooms and Bathrooms
Total Bedrooms:
10
Total Bathrooms:
5
Size and Multi Family Residence
Year Built:
1902
Type of Property:
Multi Family Residence
Style:
Fourplex
Stories/Levels:
More Than 2 Stories
Total SqFt:
3,822
Total Fnsh'd SqFt:
3,822
Above Ground SqFt:
3,000
Finished Above Grade:
3,822
Below Ground SqFt:
1,458
Finished Below Grade:
0
Garage Stalls:
0
Garage SqFt:
N/A
Main Floor SqFt:
1,458
Approx Lot Dimensions:
42 x 127
Approx Number of Acres:
0.13
Income and Expenses
Gross Income:
$79,056
Total Expenses:
$0

A closer look at the location.

Located on the corner of 26th St and 11th Ave S.

This listing has been entered by the following office: Edina Realty, Inc.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than MnRealtyCo, LLC are marked with the Broker Reciprocity or the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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