814 6th St SE - Multi-Family FOR SALE


Minneapolis, MN 55414- Marcy-Holmes
$2,300,000 USD
612-432-5451
814 6th St SE, Minneapolis, MN for Sale
$2,300,000 USD
Multi-Family - FOR SALE
1/23

814 6th St SE
Minneapolis, MN 55414
Marcy-Holmes


HIGHLIGHTS

  • 6 Rental Units: Each with 5BR, 2BA, Laundry in Unit
  • Strong rental appeal in the Marcy-Holmes / University district
  • New Construction of 816 6th and Complete Renovation of 814 6th

OVERVIEW

Investment opportunity. Six units, two buildings, all new with 5BRs, 2BA and Laundry in each unit. Highly marketable modern interior finishes Strong rental appeal in the Marcy-Holmes / University district. 814 & 816 6th Street SE: Common Lot Development. Both 814 and 816 6th Street SE exist on a single parcel under one PID and were developed as a Common Lot Development in the Marcy-Holmes neighborhood. Together, 814 & 816 6th Street SE form a unified six-unit multifamily asset on a single PID, built and renovated to modern 2020s standards.

FOR SALE DETAILS

PRICE

$2,300,000 USD

# OF UNITS

6

PRICE/UNIT

$383,333

CAP RATE

8.23%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

814-816 6th St SE

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

Multi Family

APN/PARCEL ID

24-029-24-23-0034

ASK ABOUT THIS PROPERTY

Marty MorganMorgan and Trust RealtyMore Info
612-432-5451

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Marty MorganMorgan and Trust RealtyMore Info
612-432-5451

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.