1810 Portland Avenue Minneapolis, MN 55404
Other
MLS #: 6676751
Courtesy Of Keller Williams Premier Realty
Property InformationDescription
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.
Features
- Age: Over 50 Years Old
- Appliance: Refrigerator
- Appliance: Range
- Architecture Style: Other
- Cooling System: Wall Unit(s)
- Exterior Type: Block
- Exterior Type: Concrete
- Floor Covering: Wood
- Heating System: Hot Water (Heating)
- Legal Description: BLOCK 024 A JACKSON DANIELS & WHITNEYS ADDN MPLS W 108 FT OF LOT 6 AND OF N 22 FT OF LOT 5 EX HWY IRREGULAR
- MLSID: 6676751
- Rooms: Bedroom 5
- Rooms: Bedroom 4
- Rooms: Bedroom 3
- Rooms: Bedroom 2
- Rooms: Bedroom 1
MAP & DIRECTIONS
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