Property information

Beds

—

Baths

N/A

Sq Ft

—

Year Built

1963

Property Type

Apartments/Multi Family

Acres

0.13

County

Hennepin

Waterfront

No

Waterfront View

—

Waterfront Feet

—

Water Body

—

Parking

0

Basement

Finished, Full

Price/Sqft

—

Stories

Three Or More

HOA Fee

N/A

Updated

3 D AGO

List Date

7/14/2026

Spectacular six unit recently renovated with all new kitchens and bathrooms. Unit mix is five one-bedroom and one studio apartment all with one full bathroom. Three story all-brick exterior, sitting on 0.13+ acres with off street parking lot. 100% fully rented with on-site coin operated laundry and a newer water heater and high efficiency boiler. The average one-bedroom rents are $1,296 and the studio is at $1,195. This asset is in turn-key condition with a stabilized in place cap rate of 8.63% along with a 7.94 gross rent multiplier. Perfect for the first time investor or for your next 1031 tax exchange.