2316 25th Avenue S, Minneapolis, MN 55406
- $799,900
- 10
- BD
- 4
- BA
- 4,309
- SqFt
- List Price
- $799,900
- MLS#
- 7144916
- Status
- ACTIVE
- Type
- Multifamily
- Bedrooms
- 10
- Bathrooms
- 4
- Living Area
- 4,309
- Acres
- 0.19
- Subdivision
- Fair Ground Add
- Neighborhood
- 67
- Year Built
- 1883
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.
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Additional Information
- School District
- Minneapolis
- Amenities Shared
- None
- Tax Year
- 2026
- Fencing
- None
- Fuel
- Natural Gas
- Lot Description
- Public Transit (w/in 6 blks), Tree Coverage - Light
- Sewer
- City Sewer/Connected
- Roof
- Age 8 Years or Less, Asphalt
- Heating
- Forced Air
- Water
- City Water/Connected
- Basement
- Crawl Space, Unfinished
- Parking
- Gravel
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Listing courtesy of RE/MAX Results.
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