For Sale

Listed by Jerry Lindeen from Metro Group Real Estate

Source: Regional MLS of Minnesota #6020437

426 SE 8th St, Minneapolis, MN, 55414

$750,000

0.24 ac.

MultiFam

•

30+ days on the market

What's around 426 SE 8th St

About this property

9 bedroom duplex located on a 10,537 SF lot zoned R5 Multi-family in the very popular Marcy Holmes neighborhood of Minneapolis. Room to additional duplex or tear down current structure and build multi-unit building. Current duplex is rented to college students and has a very strong rental history. Quick access to bus service, U of MN, 35W and downtown Minneapolis. Upper unit is 5 bedroom and currently rents for $2,450 and the lower unit has 4 bedrooms and rents for $2,400. Tenants pay all utilities. Site offers 14 parking spaces and each unit has its own laundry machines and lower unit kitchen has been updated. This would make for a great buy and hold, add additional duplex or complete redevelopment.

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