Homes for sale - 1810 Portland AVE, Minneapolis, MN 55404

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Nick Leavy

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

$1,100,000

Est. payment - /mo

11 Beds

11 Baths

6,534 SqFt

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,534 sqft

Price per Sqft $168

Subdivision Jackson Daniels & Whitneys Add

MLS Listing ID 6676751

Bedrooms 11

Year Built 1963

Annual Tax Amount $17,526

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 6891

Property Description

Check out this fully stabilized, 11-unit multifamily building in South Minneapolis. This property has been meticulously cared for by the owners for 25 years. Historic 99% occupancy with high-quality long-term tenants in place. Easy value add through rent bumps without having to take on any rehab. The building operates efficiently without third-party management, due to incredible caretakers. Recent upgrades include a new roof and resealed windows (2023), plus modern interior updates in over half the units, including renovated bathrooms and flooring. Each unit is separately metered with 11 off-street parking spaces for tenants. Located in an Opportunity Zone with lots of ongoing developments throughout the neighborhood.

Location

State MN

County Hennepin

Community Jackson Daniels & Whitneys Add

Direction Take I-94, exit at 11th St S, turn left on Portland Ave S

Rooms

Basement Concrete Block, Shared Access

Interior

Heating Boiler, Hot Water

Cooling Wall

Exterior

Parking Features Driveway - Asphalt

Utilities Available Electric Separate, Hot Water Common

Roof Type Age 8 Years or Less

Accessibility None

Building

Lot Description Public Transit (w/in 6 blks)

Water City Water/Connected

Structure Type Block,Concrete

Others

Senior Community No

Tax ID 2702924440068

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Listed by Keller Williams Premier Realty

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Nick Leavy

+1(612) 236-5331

President | License ID: 40668858

President License ID: 40668858

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1810 Portland AVE Minneapolis, MN 55404

Nick Leavy

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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