Turn-Key 6-Unit Multifamily in Prime South Minneapolis Welcome to 2524 Portland Ave S, a fully updated six-unit building offering immediate cash flow and exceptional long-term stability. This property is perfect for both investors and owner-occupants looking to live rent-free while generating income from day one. Featuring one efficiency, three 1-bedrooms, and two 2-bedroom units, this building has a strong rental history and historically low vacancy. All tenants are currently month-to-month, giving new ownership maximum flexibility. Property Highlights: * 9% CAP Rate – strong performer with low owner expenses * Turn-key condition – units are modern, clean, and easy to rent * Tenants pay ALL utilities including heat, electricity, and hot water * Six separate hot water heaters + fully separated heat/electric * Mini-splits with AC installed in every unit * Newer roof & siding for reduced long-term operating costs * Electrical updated in 2020 * Stable, high-demand location near transit, hospitals, and downtown This is a rare opportunity to acquire a well-maintained, fully upgraded multifamily asset with strong cash flow, minimal owner responsibilities, and versatility for future value-add or owner-occupancy. A rock-solid performer in an unbeatable location—don’t miss this one.