Home › 1844 Central Avenue NE, Minneapolis, MN 55418 (MLS# 7046184)

1844 Central Avenue NE, Minneapolis, MN 55418 (MLS# 7046184)

$3,850,000
1844 Central Avenue NE
Minneapolis, MN 55418
MLS# 7046184

1844 Central Avenue NE, Minneapolis, MN 55418
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Property Description
Very unique opportunity to redevelop this property into large 100+ unit multi family building. 19 Unit Building. 12 Residential Units (8 - 1 Bedrooms, 4 - 2 bedrooms) - 6 Commercial Units - 1 Large warehouse unit. Located on a main busy road in NE Minneapolis close to downtown. 128 x 174 corner lot on High-Volume Arterial Road. Seller financing can be available.

Details
Maps
Contract Information
Status: Active
Current Price: 3850000
Contingency: None
ListPrice: 3850000
List Date: 2026-03-31
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 26
Owner Occupied: No
Waterfront Present: No
Year Built: 1897
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Residential-Multi-Family
Foundation Size: 12166
Garage Stalls: 6
For Sale or Lease: For Sale
Acres: 0.52
Lot Dimensions: 128x175
Assessment Pending: Unknown
Location Tax and Other Information
House Number: 1844
Street Name: Central
Street Suffix: Avenue
Street Direction Suffix: NE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55418
Complex/Dev/Subdivision: Wilsons Rgt Blks East Side Add
Assessments
Tax With Assessments: 26204
Building Information
Building Finished SqFt: 29434
Income and Expenses
Annual Gross Income: 297000
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 3000
Public Survey Info
Range#: 24
Section#: 11
Township#: 29
Sale Options
Sale Includes: Building, Land, Leases, Rental License
Unit 1
Unit Number: 1
No. of 1 Bedroom Units: 8
Unit 2
No. of 2 Bedroom Units: 4
Unit Details
Total Units: 19
Property Features
Accessible: None
CMU Style: Apartments and Retail; Apartments/Multi Family; Mixed Use
Construction Status: Previously Owned
Current Use: Beauty/Barber Shop; Residential; Restaurant; Retail; Warehouse
Existing Financing: Free and Clear
Exterior: Brick/Stone; Stucco
Foundation: Slab
Fuel: Natural Gas
Heating: Forced Air
Loan Terms: Cash; Contract for Deed; Conventional; Special Funding; Other
Lot Description: Corner Lot; Public Transit (w/in 6 blks)
On Site Utilities: Electric Separate; Heating Separate
Overhead Door Clearance: 10-14 Feet
Owner Pays: Taxes
Parking Characteristics: Paved Lot
Road Frontage: City Street
Sewer: City Sewer/Connected
Tenant Pays: All Utilities
Water: City Water/Connected

Listing Office: RE/MAX Results

Last Updated: March - 31 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Monday 25th of May 2026 12:09 AM

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