409 7th Street Se, Minneapolis, MN

$431,900

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0.21

Acres

About 409 7th Street Se

Large Lot with 5-unit apartment property located in the Marcy Holmes neighborhood near the University of MN. Total of 8 rental rooms, one 3-Bed, one 2-Bed, one 1-Bed and 2 Studio units. Units are in good condition and the roof was replaced in 2023. Large lot provides highly desired off-street parking and an opportunity for future redevelopment. Located near the U of MN, this property has been a solid rental for many years. Easy access to downtown Minneapolis via Hennepin and Central Avenues and HWY 35w. Listed below assessed value. Gross Potential Income: $56,000.

Features of 409 7th Street Se

MLS® # 6508584
Price $431,900
Bathrooms 0.00
Acres 0.21
Year Built 1900
Type Commercial Sale
Sub-Type Apartment
Style Apartment
Status Active

Community Information

Address 409 7th Street Se
Area Marcy Holmes
Subdivision Auditors Sub 028
City Minneapolis
County Hennepin
State MN
Zip Code 55414

Amenities

Garages Gravel
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Fireplace No

Exterior

Construction Fiber Cement

School Information

District Minneapolis

Additional Information

Days on Market 62
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No

Listing Details

OfficeMetro Group Real Estate

Listing Map

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