2316 25th AVE S, Minneapolis, MN 55406
2316 25th AVE S, Minneapolis, MN 55406
2316 25th AVE S, Minneapolis, MN 55406
30
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$799,900
Est. payment /mo
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10 Beds
4 Baths
4,309 SqFt
Active

2316 25th AVE S Minneapolis, MN 55406

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Taylor Doolittle

Taylor Doolittle

+1(952) 567-9939

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,309 sqft

Price per Sqft $185

Subdivision Fair Ground Add

MLS Listing ID 7144916

Bedrooms 10

Year Built 1883

Annual Tax Amount $11,888

Tax Year 2026

Contingent None

Lot Size 8,276 Sqft

Lot Dimensions 47x179

Property Sub-Type Fourplex

Property Description

Prime investment opportunity in Minneapolis' sought-after Seward neighborhood! This well-maintained 4-unit property offers an excellent combination of strong cash flow, quality updates, and long-term upside, featuring 10 bedrooms and approximately $86K+ in annual gross rental income. With a stated NOI of $57,090, the property offers an attractive approximately 7.14% cap rate. Tenants pay gas and electric, helping control operating expenses. Each unit features in-unit laundry, central air, and high-efficiency HVAC. Additional highlights include 6 off-street parking spaces, a strong unit mix, and stabilized rental income. Significant renovations completed in 2019 provide added peace of mind and reduce near-term capital needs. A compelling opportunity for investors seeking a turnkey multifamily asset in a desirable Minneapolis neighborhood.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Crawl Space, Unfinished

Interior

Heating Forced Air

Fireplace No

Laundry In Unit

Exterior

Parking Features Gravel

Fence None

Pool None

Roof Type Age 8 Years or Less,Asphalt

Building

Lot Description Public Transit (w/in 6 blks), Tree Coverage - Light

Story More Than 2 Stories

Foundation 1716

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories More Than 2 Stories

New Construction false

Schools

School District Minneapolis

Listed by Jason Reed • RE/MAX Results

NEARBY SCHOOL & BUSINESS

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Taylor Doolittle

Taylor Doolittle

Team Co-Lead License ID: 40536620

+1(952) 567-9939

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2316 25th AVE S

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