2413 1st Avenue S, Minneapolis, MN 55404
sale
$1,999,900
|
Other
Courtesy Of Keller Williams Classic Realty
This stunning, nearly new multi-family building constructed in 2022 offers 18 bedrooms and 15 bathrooms across 6 units, delivering exceptional cash flow. Each unit features beautiful cabinetry, premium appliances, quartz countertops, and convenient kitchen center islands. You'll also find front-load washer and dryer sets in every unit, plus private balconies for enjoying fresh air and views. The tasteful, modern design flows seamlessly throughout with high-quality finishes, including tiled bathroom floors and showers. Located just one block from the prestigious Minneapolis College of Art and Design (MCAD), this property is perfectly positioned for student housing, young professionals, or long-term tenants. The previous tenant for 4 years rented the entire building for $15,000 per month (tenant paid all utilities and exterior maintenance), with the current lease ending at the end of April 2026. Units are actively leasing up, with projected total rents exceeding $15,500 per month. Built in 2022, the property requires minimal maintenance or repairs. This is a rare opportunity to own a new modern, income-producing asset that cannot be easily recreated. Schedule your showing today and take advantage of this fabulous cash-flow opportunity!
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Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: 1-5 Years Old
- Appliance: Freezer
- Appliance: Dishwasher
- Appliance: Cooktop
- Appliance: Garbage Disposer
- Appliance: Microwave
- Appliance: Refrigerator
- Appliance: Dryer
- Appliance: Range
- Appliance: Washer
- Architecture Style: Other
- Cooling System: Central Air
- Floor Covering: Vinyl
- Floor Covering: Tile
- Floor Covering: Carpet
- Heating System: Forced Air
- Legal Description: LOT 011 BLOCK 001 BELLEVIEW ADDN TO MPLS
- MLSID: 7045824
- Roof Type: Asphalt
- Roof Type: Shingle
- Rooms: Bedroom 5
- Rooms: Bedroom 4
- Rooms: Bedroom 3
- Rooms: Bedroom 2
- Rooms: Bedroom 1
Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
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