2549 11th Avenue S, Minneapolis, MN 55404

$749,900
10
BD
5
BA
3,822
SqFt

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List Price
$749,900
MLS#
7149877
Status
ACTIVE
Type
Multifamily
Bedrooms
10
Bathrooms
5
Living Area
3,822
Acres
0.13
Subdivision
Elliotts Rgt Blks Brackett & Boveys
Neighborhood
54
Year Built
1902

Property Description

Turnkey, 100% occupied four-plex delivering immediate cash flow in a prime Minneapolis location. Generating gross rental income of $6,548/month ($78,576 annualized), this high-performing property blends turn-of-the-century craftsmanship with major modern updates. Tenants enjoy a highly walkable neighborhood just blocks from Abbott Northwestern Hospital, Midtown Global Market, and top bike trails. • The Space: 3,822 above-ground sq. ft. featuring soaring high ceilings and rich, natural woodwork. • The Bonus: An additional 1,458 sq. ft. basement equipped with coin-operated laundry for extra revenue. • The Portfolio: Located at 2549 11th Ave. S, Minneapolis, MN 55404, this property can be purchased individually or as a package with a side-by-side duplex at 566 & 568 37th Ave. NE (MLS 7149871). Review the Offering Memorandum for full financial details.

Additional Information

School District
Minneapolis
Amenities Shared
Coin-op Laundry Owned
Tax Year
2026
Fuel
Natural Gas
Sewer
City Sewer/Connected
Heating
Boiler
Water
City Water/Connected
Basement
Block, Storage Space, Unfinished
Parking
Asphalt, Shared Driveway, Parking Lot, Open

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Listing courtesy of Edina Realty, Inc..

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