Active

2428 11th Avenue S

Minneapolis MN, 55404

$649,900


$175.46 per sqft

Active

3,704 sqft

Multi-family

Built in 1900

Rare opportunity to own large Italianate 4-plex on quiet street just blocks from Abbott Northwestern and Children's Hospitals! Take advantage of low down-payment loans to house hack and secure your financial future! Huge newly rehabbed 3br apt is vacant and awaiting owner occupant or your tenant, other 3 apts (3br x1, 2br x2) are stability occupied. Possibilities are endless, bring your ideas! Consider creating Airbnb's to house hospital guests, medium-term rentals for traveling nurses, or build out large unfinished attic and basement for 6-plex conversion and rent section 8 for impressive cash flow! Building very well maintained with numerous updates since 2020, including new roof, soffit and fascia, complete tuckpointing and painting of brickwork, new water heater, addition of zoning to heating system, installation of large custom front windows up and down, and cosmetic turn-over of all units. Projected gross monthly rents surpass 5.5K, conservatively. Your future awaits, don't let this one pass you by!

6653687

MLS ID

January 31, 2025

Listed

February 12, 2025

Updated

Interior Features

Total Stories

2


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Hot Water

Exterior/Building Features

Lot Size

0.12 Acres


Roof

Asphalt


Sewer

City Sewer/Connected

School Information

School District

Minneapolis

Other Property Details

Taxes

$7,235


Tax Frequency

Annually


Days on Market

3


Accessibility

None


Garage

No


View

No


County

Hennepin


Water Source

City Water/Connected


Pool

No

 

Courtesy of RE/MAX Results

If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Roost Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2025 Northstar MLS. All rights reserved. 

Data last updated 4:40 PM UTC, 2/12/2025

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