UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Coe & Channells Add
MLS Listing ID 7006922
Year Built 1922
Annual Tax Amount $41,152
Tax Year 2025
Contingent None
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 80x98
Property Description
Prime multifamily investment available in one of Minneapolis's most desirable neighborhoods - just steps from the vibrant Hennepin Avenue commercial district. This well-located 20-unit apartment building offers a balanced mix of units and strong rental demand in a walkable, amenity-rich area.
Property Highlights:
• 20 total units: 7 x 2-bedroom units, 7 x 1-bedroom units, and 6 studios
• Highly desirable Lowry Hill East location - a short stroll to Hennepin Avenue shops, restaurants, bars, and coffee houses
• Steps to Lake of the Isles - offering outstanding outdoor recreation, scenic walking/biking paths, and lakefront views
• Walkable Uptown neighborhood easy access to transit, retail services, entertainment venues, and employers
• Strong investment fundamentals - diverse unit mix appeals to a broad tenant base.
Location Features:
• Restaurants, bars, cafes, and boutiques just minutes away
• Quick access to Hennepin Avenue nightlife and Uptown commercial corridor
• Close to major employment centers, parks, and lakes
• Excellent walk and bike scores
This property combines location, occupancy potential, and lifestyle appeal in one of Minneapolis's most sought-after neighborhoods. Ideal for long-term hold or value-add investors.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Block, Full, Unfinished
Interior
Heating Boiler
Cooling None
Flooring Engineered Hardwood, Luxury Vinyl Plank, Wood
Inclusions Building, Fixture/Equipment
Fireplace No
Appliance Range, Refrigerator
Exterior
Parking Features On-Street Parking Only
Fence None
Utilities Available Electric Separate
Roof Type Age 8 Years or Less,Flat,Rubber
Present Use Residential
Building
Lot Description Public Transit (w/in 6 blks), Tree Coverage - Light
Story Three Or More
Foundation 4560
Sewer City Sewer - In Street
Water City Water/Connected
Level or Stories Three Or More
Structure Type Post and Beam
New Construction false
Schools
School District Minneapolis
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Carson Brooks
VP and Managing Broker | License ID: 20593288
VP and Managing Broker License ID: 20593288