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808 9th Avenue SE Minneapolis, MN $ 397,500
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$ 397,500 Get more info
808 9th Avenue SE
$ 397,500
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808 9th Avenue SE

Minneapolis, MN, 55414
$ 397,500
Bedrooms6 Baths2.0 Sq 2,079

Monthly Estimate*

$ 2,745

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Multi-Family Home for sale in Minneapolis, MN

for $397,500 with 6 bedrooms and 2 full baths. This 2,079 square foot home was built in 1989 on a lot size of 0.05.

Well-maintained, fully occupied duplex in a prime University of Minnesota location offering immediate cash flow and strong long-term investment potential. Both units are leased with a current gross rental income of $3,325 per month ($39,900 annually). The property has a solid operating history, stable tenants, and presents an excellent opportunity for investors seeking a turnkey rental. Future upside exists through cosmetic updates and potential rent growth while benefiting from immediate income from day one. Conveniently located near the University of Minnesota, public transportation, restaurants, and shopping.

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Multi-Family Active

Price

$ 397,500

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,592

Style

Duplex Up and Down

Lot Size

0.05

Year Built

1989

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7147630
Features
General
Living Area 2079
Sewer City Sewer - In Street
Heating Radiant
Roof Other
Garage Spaces 0
Year Built 1989
Tenant Pays Broadband Cable TV Electricity
Levels Split Entry (Bi-Level)
Property Subtype Duplex Up and Down
Tax Year 2026
Gross Income 29790
Accessibility None
County Hennepin
Net Operating Income 12644
Operating Expense 0
Insurance Expense 2760
New Construction N
Property Type Residential Income
Association Amenities Laundry Coin-op Laundry Owned Other
Contingency None
MaintenanceExpense 2015
Subdivision Name Clara E Fuller Add
Directions 35W north to University Right on Univ left on 10th and left on 8th right on 9th. Home on right.
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Multi-Family
Number Of Units Total 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 5592
Electric Expense 625
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 1110
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Block Finished
Basement (Y/N) Y
Above Grade Finished Area 2079
Laundry Features Common Area
Total Bedrooms 6
Below Grade Finished Area 0
Total Baths 2
Fuel Electric
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Exterior
Parking Features Paved Lot
Water Source City Water - In Street
Lot Size Area 0.05
Building Area Total 2079
Lot Dimensions 42.5x50
Waterfront Y/N N
Foundation Area 1039
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 808
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* Excluded Features
List By
Coldwell Banker Realty - Southwest Regional

Broker

altheisen@cbburnet.com

Email

Affordability Calculator

$3,211
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,745
Monthly Property Taxes
$466
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/21/2026$397,500 Listed Price

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808 9th Avenue SE, Minneapolis, MN, 55414 is a Multi-Family Home for sale at $397,500 with 2,079 sqft and a lot size of 0.05. 808 9th Avenue SE has 6 bedrooms, 2.0 baths, and was built in 1989. The property's zip code is 55414 which is in Minneapolis, MN

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