HIGHLIGHTS
- Roof structure was upgraded from flat to gable in 2006, featuring 50-year architectural shingles for enhanced durability and long-term capital preserv
- Boiler system replaced in 2015, improving heating efficiency and reducing maintenance exposure.
- Washer and dryer installed in 2024, offering modern amenities for convenience.
- All units converted to open-concept kitchen layouts with updated maple cabinetry, completed over the past seven years to enhance interior appeal and t
- Located approximately one mile from the University of Minnesota campus, supporting consistent rental demand.
- Within walking distance of numerous restaurants and grocery stores, contributing to strong tenant lifestyle appeal.
FOR SALE DETAILS
PRICE
$1,025,000 USD
PRICE/SF
$196 USD /SF
# OF UNITS
6
PRICE/UNIT
$170,833
CAP RATE
7.94%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
808 13th Ave Se
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1968
PARKING SPACES
6
LAND DETAILS
LAND ACRES
0.14 AC
LAND SF
5,889 SF
ZONING
R5
APN/PARCEL ID
24-029-24-13-0060
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612-337-1840
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612-337-1840
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