814 6th Street SE Minneapolis, MN $ 2,300,000
814 6th Street SE
$ 2,300,000
New Construction
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814 6th Street SE

Minneapolis, MN, 55414
$ 2,300,000
Bedrooms30 Baths12.0 Sq 4,893

Monthly Estimate*

$ 15,886

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Commercial Property for sale in Minneapolis, MN

for $2,300,000 with 30 bedrooms and 12 full baths. This 4,893 square foot building was built in 1925 on a lot size of 0.232576.

Investment opportunity. Six units, two buildings, all new with 5BRs, 2BA and Laundry in each unit. 814 is currently leased for $9250 month, one unit is rented for $3000 in 816 building with two units being advertised. 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. Between the two structures, nearly every system structural, mechanical, electrical, plumbing, exterior envelope, and interior finishes is new, code-compliant, and designed for long-term durability and ease of maintenance. The site now includes: One fully renovated, expanded triplex (814) and One slab-on-grade new construction triplex (816). A total of six modern, code-compliant residential units were created on the shared lot. Both properties were built to current building, mechanical, electrical, plumbing, zoning, and life-safety standards, including separate utility services, fire systems, and modern energy-efficient components. 814 6th Street SE – Full Gut Renovation & Triplex Conversion: 814 began as an older duplex and was transformed into a three-level triplex through a complete gut renovation and addition. Other than the foundation and the first- and second-floor exterior walls, the structure is essentially new construction. Full interior demolition and rebuild. Added a third story to convert the duplex into a triplex. Constructed a three-story treated-wood rear deck. * 816 6th Street SE – New Construction Slab-on-Grade Triplex (In final phase of completion). 816 was built as a brand-new slab-on-grade triplex, designed to complement 814 while offering fully modern construction and finishes. While layouts differ, the systems and interior standards match 814 to maintain continuity across the parcel. *Structural & Exterior:Ground-up slab-on-grade new construction. LP SmartSide exterior siding. New exterior paint. Pre-finished soffit & fascia. Architectural asphalt shingle roof. Batt + poly insulation package. Single-hung Vector windows, matching 814. Interior staircase access to each unit. *Mechanical, Electrical & Plumbing: New water and new sewer service runs. Three separate electrical services/meters (one per unit). Three independent forced-air heating and cooling systems (Magic-Pak) Three 40-gallon electric water heaters. All electric appliances (ranges, dryers, etc.), consistent with 814. New plumbing system throughout.* Interior Construction & Finishes: LVP flooring throughout. Kitchens and bathrooms identical in finish level to 814, including: Legacy soft-close cabinetry. Quartz countertops. Tile backsplash. Stainless steel appliances. Tile shower surrounds. New trim, interior doors, and full interior paint/enamel. Stackable washer/dryer hookups in each unit. *Both buildings offer: Separate utilities, Updated life-safety systems, Uniform design language and material quality, Low-maintenance exterior finishes.

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Commercial Active

Price

$ 2,300,000

Bedrooms

30

Full Bath

12

Property Type

Commercial

Taxes

$ 7,496

Style

Lot Size

0.232576

Year Built

1925

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6826518

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air Zoned
Utilities Electric Separate Heating Separate
Roof Age 8 Years or Less Asphalt
Garage Spaces 0
Year Built 1925
Tenant Pays Electricity Gas Heat
Levels Three Or More
Tax Year 2025
Current Use Residential
Gross Income 234000
Accessibility None
County Hennepin
Net Operating Income 189380
Operating Expense 44620
Insurance Expense 9000
New Construction Y
Property Type Commercial Sale
Contingency None
MaintenanceExpense 2400
Subdivision Name Mill Cos Add To St Anthony Falls
Directions 4th St to 8th Ave turn on 5th St SE on one way to property
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Multi-Family
Number Of Units Total 6
Lot Size Units Square Feet
Carport Spaces 0
Land Lease Y/N N
Tax Annual Amount 7496
Electric Expense 0
Fuel Expense 0
Trash Expense 3600
Water Sewer Expense 2400
Additional Parcels Y/N N
Virtual Tour https://obeo.vr-360-tour.com/e/yg0BmxYBiTc/e
Standard Status Active
Lender Owned No
Amenities Unit Indoor Sprinklers Kitchen Center Island
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Interior
Basement Crawl Space
Basement (Y/N) N
Total Bedrooms 30
Total Baths 12
Ceiling Height 8-10
Foundation Dimensions 44x46 35x58
Fuel Natural Gas
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Exterior
Parking Features Other
Water Source City Water/Connected
Inclusions Building Land Leases
Lot Size Area 10131
Building Area Total 4893
Lot Dimensions 66x165x51
Waterfront Y/N N
Foundation Area 2024
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 814
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* Excluded Features
List By
Morgan And Trust Realty

Broker

morganhomesearch@gmail.com

Email

Affordability Calculator

$16,510
Per Month
96%
4%
0%
Monthly Principal & Interest
$15,886
Monthly Property Taxes
$625
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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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Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/12/2025$2,300,000 Listed Price

Map


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814 6th Street SE, Minneapolis, MN, 55414 is a Commercial Property for sale at $2,300,000 with 4,893 sqft and a lot size of 0.232576. 814 6th Street SE has 30 bedrooms, 12.0 baths, and was built in 1925. The property's zip code is 55414 which is in Minneapolis, MN