808 9th Avenue SE,Minneapolis, MN 55414
Minneapolis, MN 55414
Description
Well-maintained, fully occupied duplex in a prime University of Minnesota location offering immediate cash flow and strong long-term investment potential. Both units are leased with a current gross rental income of $3,325 per month ($39,900 annually). The property has a solid operating history, stable tenants, and presents an excellent opportunity for investors seeking a turnkey rental. Future upside exists through cosmetic updates and potential rent growth while benefiting from immediate income from day one. Conveniently located near the University of Minnesota, public transportation, restaurants, and shopping.
Details
| MLS # | 7147630 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1989 |
| Days On Site | 15 |
| Listing Provided By | Coldwell Banker Realty - Southwest Regional | Al Theisen |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 2 |
| SQ Feet | 2,079 |
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Zoning | Residential-Multi-Family |
| Acreage | 0.05 |
Interior
| Heating | Radiant |
|---|
Exterior
| Roof | Other |
|---|
Parking
| Parking Features | Paved Lot |
|---|
Taxes
| Property | 5592 |
|---|
Area Information
| State | MN |
|---|---|
| County | Hennepin |
| City | Minneapolis |
| Zip Code | 55414 |
| Area | 50 |
| Community Name | Clara E Fuller Add |
| School District | 1 |
| High School | Minneapolis |
| Listing VS Median (in Clara E Fuller Add) | |
Price: $397,500 low | high Med: $391,200 sqft: 2,079 low | high Med: 2,228 $ / sqft: $191 low | high Med: $177 On site: 15 low | high Med: 69.5 | |
Market Activity 55414
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
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Learn More About This Property
| State | MN |
|---|---|
| County | Hennepin |
| City | Minneapolis |
| Zip Code | 55414 |
| Area | 50 |
| Community Name | Clara E Fuller Add |
| School District | 1 |
| High School | Minneapolis |
| Listing VS Median (in Clara E Fuller Add) | |
Price: $397,500 low | high Med: $391,200 sqft: 2,079 low | high Med: 2,228 $ / sqft: $191 low | high Med: $177 On site: 15 low | high Med: 69.5 | |
