Property Listing
Description
Great opportunity to own a 4-unit property just minutes from downtown Minneapolis. The building offers a mix of 2, 3, and 5-bedroom units, giving investors a variety of rental options. All four units are currently occupied, with tenants participating in the Housing Choice Voucher (Section 8) program. An oversized 2-car garage and additional off-street parking add to the property's appeal. The two upper units feature two-level layouts with two bathrooms and updated kitchens. Each unit has its own furnace and dedicated water heater, and tenants pay their own gas and electric. The 5-bedroom, 2-bath unit is expected to become available at the end of July, creating an opportunity for an owner-occupant looking to house hack or for an investor wanting added flexibility. The property is currently self-managed, and operating expense information will be provided as it becomes available. For qualified buyers, the sellers are open to a Contract for Deed through their preferred lender with a minimum 20% down payment, subject to lender approval and mutually agreeable terms. Whether you're adding another property to your portfolio or purchasing your first multifamily property, this is an opportunity worth seeing.
Property Information
Status: Active
Sub Type: ********
List Price: $790,000
MLS#: 7105774
Current Price: $790,000
Address: 2210 Oakland Avenue, Minneapolis, MN 55404
City: Minneapolis
State: MN
Postal Code: 55404
Geo Lat: 44.960315
Geo Lon: -93.266744
Subdivision: G N Merriams Add
County: Hennepin
Property Description
Year Built: 1892
Lot Size SqFt: 7405.2
Gen Tax: 14227.16
Specials Inst: 0
High School: Minneapolis
Square Ft. Source:
Above Grade Finished Area: 4828
Below Grade Finished Area: 0
Below Grade Unfinished Area:
Total SqFt.: 5269
Style: Array
Total Bedrooms: 12
Total Bathrooms: 6
Total Full Baths:
Garage Type:
Garage Stalls: 2
Waterfront:
Property Features
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Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
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