1926 15th Avenue S Minneapolis, MN $ 535,000
1926 15th Avenue S
$ 535,000
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1926 15th Avenue S

Minneapolis, MN, 55404
$ 535,000
Bedrooms5 Baths4.0 Sq 2,561

Monthly Estimate*

$ 3,556

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Multi-Family Home for sale in Minneapolis, MN

for $535,000 with 5 bedrooms and 4 full baths. This 2,561 square foot home was built in 1885 on a lot size of 0.13.

Fantastic 4-unit investment opportunity with tons of improvements throughout! Updated electrical with separate meters, updated appliances, new carpet, and refinished floors. Exterior work includes tree pruning, new front sidewalk and steps, vinyl siding replaced in 2019, chimneys tuck-pointed with new caps in 2022, and new back railings installed in 2023. Convenient 4-spot parking lot was sealed in 2022. See supplements for full list of improvements. Desirable location close to downtown & the US Bank stadium, groceries & coffee, boutique shops and the light rail!

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Multi-Family Active

Price

$ 535,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,775

Style

Quadruplex

Lot Size

0.13

Year Built

1885

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6534543

Features
General
Sewer City Sewer/Connected
Heating Baseboard Ductless Mini-Split Forced Air
Roof Asphalt
Garage Spaces 0
Construction Materials Vinyl Siding
Year Built 1885
Tenant Pays Cable TV Electricity Gas
Levels Two
Property SubType Quadruplex
Tax Year 2024
Gross Income 46980
Accessibility None
County Hennepin
Operating Expense 15425
Insurance Expense 4380
New Construction N
Property Type Residential Income
Contingency None
Subdivision Name Cornells 3rd Add
Directions Franklin Ave to 15th Ave. North on 15th Ave to property.
City Minneapolis
Buyer Agent Compensation 2.70
High School District Minneapolis
Zoning Description Residential-Multi-Family
NumberOfUnitsTotal 4
Lot Size Units Acres
Street Name 15th
Land Lease Y/N N
Tax Annual Amount 5775
Electric Expense 591
Fuel Expense 387
Trash Expense 0
Water Sewer Expense 3192
Additional Parcels Y/N N
Virtual Tour https://tours.spacecrafting.com/n3d-cyzzq8
Days on Market 5
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Partial Unfinished
Basement (Y/N) Y
Above Grade Finished Area 2561
Below Grade Finished Area 0
Fuel Natural Gas
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Exterior
Parking Features Parking Lot Open
Water Source City Water/Connected
Lot Size Area 0.13
Lot Dimensions 40x144
Street Suffix Avenue
Foundation Area 1275
Road Frontage Type City Street Curbs Paved Streets Sidewalks Storm Sewer
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 1926
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* Excluded Features
List By
Coldwell Banker Realty

Broker

david@dkw3.com

Email

Affordability Calculator

$4,037
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,556
Monthly Property Taxes
$481
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/22/2024$535,000 Listed Price

Map


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1926 15th Avenue S, Minneapolis, MN, 55404 is a Multi-Family Home for sale at $535,000 with 2,561 sqft and a lot size of 0.13. 1926 15th Avenue S has 5 bedrooms, 4.0 baths, and was built in 1885. The property's zip code is 55404 which is in Minneapolis, MN