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