Pending
1529 E 38th Street
Minneapolis MN, 55407
$1,200,000
$152.03 per sqft
Pending
7,893 sqft
Commercial
Built in 1959
Great cash flowing investment opportunity for sale in Minneapolis! This 11 unit apartment building has 1-bedroom and 1-bathroom in each unit. This building has been very well maintained and has over $200k in recent capital improvements! Each unit has been updated along with all the common areas. Recent building improvements include a concrete surface parking lot, high efficiency boiler and zone valves, roof, gutters, soffits, downspouts, windows, and separately metered electrical. Conveniently located close to restaurants, highways, public transportation, shopping, parks and more. Don't miss this opportunity to own a quality multifamily property!
6583651
MLSⓇ ID
August 9, 2024
Listed
December 12, 2024
Updated
Map
1529 E 38th Street
Minneapolis MN, 55407
Interior Features
Total Stories
3
Appliances
Cooktop, Range, Refrigerator, Wall Oven
Fireplace
No
Cooling
Yes
Cooling Description
Wall Unit(s)
Heating
Yes
Heating Description
Boiler
Exterior/Building Features
Lot Size
0.19 Acres
Lot Features
Public Transit (w/in 6 blks)
Roof
Age 8 Years or Less
Sewer
City Sewer/Connected
School Information
School District
Minneapolis
Other Property Details
Taxes
$15,916
Tax Frequency
Annually
Days on Market
95
Association Amenities
Coin-op Laundry Owned
Garage
No
Parking
Concrete, Other
View
No
County
Hennepin
Water Source
City Water/Connected
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
11/12/2024 | Pending | — |
10/11/2024 | Price change | $1,200,000 -8% |
8/29/2024 | Price change | $1,300,000 -8% |
Courtesy of Keller Williams Classic Rlty NW
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 Heather Zielinski shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Northstar MLS. All rights reserved.
Data last updated 5:43 PM UTC, 12/12/2024
