1804 16Th AveMinneapolis, MN 55404

For Sale
$800,000

High-Yield Investment, 20 Bedrooms

Overview

Added:
Feb 3
Days on market:
38
This exceptional investment opportunity presents a five-unit apartment building located at 1804 16th Avenue S in Minneapolis, Minnesota. The property sits on a 0.17-acre lot and boasts a substantial 6,585 square feet of living space. Each of the five units features four bedrooms, providing a total of twenty bedrooms across the entire building. This configuration presents a significant advantage for investors seeking high occupancy rates and strong rental income potential within the Minneapolis market. The building's layout and size are ideal for generating substantial cash flow. The asking price for this property is $800,000. Given the current market conditions and the property's characteristics, this represents a compelling investment opportunity for discerning buyers. Serious inquiries are encouraged, and at least 24 hours' notice is required for all showings to allow for proper scheduling and coordination. This property is offered as-is. Financial statements and further details are available upon request, subject to a non-disclosure agreement. Don't miss this chance to acquire a well-positioned, income-producing asset in a thriving Minneapolis neighborhood.

Property Details for 1804 16Th Ave

Property type
Residential income properties, Multifamily properties
Square Feet
6,585 SF
Year Built
1889
Lot Size (sq. ft)
7,405 SF

Location Insight

City
Minneapolis
County
Hennepin
State
Minnesota
Latitude
44.96448
Longitude
-93.25204
1804 16Th Ave, Minneapolis, Minnesota

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1804 16Th Ave
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