Address
2120 Minnehaha Avenue Minneapolis, MN
Price
$ 799,000
Property Attributes
  • ID#5729921
  • TypePending
  • CountyHENNEPIN
  • CityMinneapolis
  • AreaWestfalls Add
  • NeighborhoodSeward
  • Zip55404
  • StyleApartment
  • Year Built1917
  • Taxes$ 1434
  • Price$ 799,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9400
  • Lot Size0.37 Acres
Listing Provided Courtesy Of:
Coldwell Banker Realty
Data Source:
NorthstarMLS
Property Description

Multifamily or Repurposing opportunity. Zoned I-1. Two parcels being sold together: 2120 Minnehaha Ave So and 1914 22nd St E. Current use is residential rental. Licensed through March 2022. Monthly leases except for two Sec 8 tenants. Buildings are solid, cosmetic improvements have been done between tenants. 1 block from rail stop. Bus stop at corner. Lot is approx .37 acres; 9 off street parking spots. 2120 Minnehaha: seven 1BR units and one 2BR unit. Rents $750-850. Basement includes a large conference room and commercial kitchen. Formerly used by a church; currently storage. High efficiency boiler in 2013. New water heater July 2017. AC in basement and Unit #3. Windows were replaced in early 1990's. Caretaker in Unit #3, rent is reduced to $400 for services. Two units are vacant, one under construction. 1914 22nd St: four 1BR units that rent for $700. This building could use some sprucing up. The area has many new businesses and much development of new multifamily housing.

Price History
3/25/2021 Listed $799,000

General Features

Accessibility None
Appliances Range, Dishwasher, Refrigerator, Freezer, Electric Water Heater
Association Amenities Coin-op Laundry Leased
Basement Full, Partially Finished
Construction Materials Stucco
Contingency None
Cooling Central Air
Current Use Residential
Heating Hot Water, Space Heater
High School District Minneapolis
Lender Owned No
Parking Features Open, Paved
Property SubType Apartment
Property Type Commercial Sale
Roof Pitched
Sewer City Sewer/Connected
Standard Status Pending
Tax Annual Amount 1434
Total Units 12
Zoning Description Industrial

Exterior Features

Foundationarea 4165
Lot Dimensions Irreg
Lot Features Irregular Lot, Corner Lot, Tree Coverage - Light, Tree Coverage - Medium, Public Transit (w/in 6 blks)
Lot Size Area 0.37
Lot Size Units Acres
Road Frontage Type City Street
Water Source City Water/Connected
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 55404

Price
AVG $300K
$800K
Taxes
AVG $3,309
$1,434
Visits
AVG 120
66
Year Built
AVG 1951
1917
Walkscore
AVG 87
86
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.