Minneapolis, MN 55404,1810 Portland AVE
Minneapolis, MN 55404,1810 Portland AVE
Minneapolis, MN 55404,1810 Portland AVE
Minneapolis, MN 55404,1810 Portland AVE
Minneapolis, MN 55404,1810 Portland AVE
Minneapolis, MN 55404,1810 Portland AVE
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$ 880,000
Est. payment | /mo

11 Beds

11 Baths

6,882 Sqft Lot


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$ 880,000
Est. payment | /mo
Save

11 Beds

11 Baths

6,882 Sqft Lot

Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

Subdivision Jackson Daniels & Whitneys Add

MLS Listing ID 6793568

Bedrooms 11

Year Built 1963

Annual Tax Amount $17,526

Tax Year 2025

Contingent None

Lot Size 6,882 Sqft

Acres 0.158

Lot Dimensions 6891

Property Description

Check out this fully stabilized, 11-unit multifamily building in South Minneapolis. This property hasbeen meticulously cared for by the owners for 25 years. Historic 99% occupancy with high-quality long-term tenants in place. Easy value add through rent bumps without having to take on any rehab. The building operates efficiently without third-party management, due to incredible caretakers. Recent upgrades include a new roof and resealed windows (2023), plus modern interior updates in over half the units, including renovated bathrooms and flooring. Each unit is separately metered with 11 off-street parking spaces for tenants. Located in an Opportunity Zone with lots of ongoing developments throughout the neighborhood.

Location

State MN

County Hennepin

Zoning Business/Commercial

Rooms

Basement Block, Shared Access

Interior

Heating Boiler, Hot Water

Cooling Wall Unit(s)

Flooring Vinyl, Wood

Inclusions Building, Leases, Rental License

Fireplace No

Appliance Gas Water Heater, Range, Refrigerator

Exterior

Parking Features Asphalt

Pool None

Utilities Available Electric Separate, Hot Water Common

Roof Type Age 8 Years or Less

Present Use Residential

Building

Lot Description Public Transit (w/in 6 blks)

Story Three Or More

Foundation 8055

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Three Or More

Structure Type Block,Concrete

New Construction false

Schools

School District Minneapolis

Listed by James Faillettaz • Keller Williams Premier Realty

GET MORE INFORMATION

Tom Ott
Tom Ott

REALTOR® | Lic# 590400

+1(612) 701-7474

7449 80th St S, Cottage Grove, MN, 55016, USA

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1810 Portland AVE