Home › 918 17th Avenue SE, Minneapolis, MN 55414 (MLS# 6369376)

918 17th Avenue SE, Minneapolis, MN 55414 (MLS# 6369376)

$1,490,000
918 17th Avenue SE
Minneapolis, MN 55414
MLS# 6369376
Status: Closed
16 beds  |  8 baths  |  6636 sqft
918 17th Avenue SE, Minneapolis, MN 55414
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Property Description
Incredible Investment Opportunity! 7 total complexes with a total of 79 units being sold as a package deal with the following PID’s: 2402924140095, 2402924140094, 2402924140096, 2402924140105, 2402924140106, 2402924140127,2402924140128 All units have been taken care of meticulously with many updates and ongoing preventative maintenance. Each unit has hardwood flooring and ceramic tile or porcelain tile flooring, all apartments are located just a few blocks from the University of Minnesota near Dinkytown and the U of MN East Bank Campus and SE Como and Marcy Holmes neighborhoods. Located on Metro transit routes, close to shopping and events. This is an amazing opportunity to own your own block in the heart Minneapolis. Contact agent for more information regarding rent rolls and other financials. This is an investors dream! Seller is willing to sell individual buildings or as a full package

Details
Maps
Contract Information
Status: Closed
Off Market Date: 2023-06-15
Contingency: None
Current Price: 1350000
Closed Date: 2023-08-01
Original List Price: 1490000
ListPrice: 1490000
Sales Close Price: 1350000
List Date: 2023-05-12
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Year Built: 2004
Yearly/Seasonal: Yearly
Bedrooms: 16
Baths Total: 8
Main Floor Total SqFt: 3318
Above Ground SqFt: 6636
Total SqFt: 6636
Foundation Size: 3318
Style: (MF) Apartment
Total Finished Sqft: 6636.00
Lot Dimensions: 165x55
Acres: 0.21
Location Tax and Other Information
House Number: 918
Street Name: 17th
Street Suffix: Avenue
Street Direction Suffix: SE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55414
Complex/Dev/Subdivision: Rollins Add
Assessments
Assessment Balance: 373.43
Tax With Assessments: 18164.38
Building Information
Finished SqFt Above Ground: 6636
Income and Expenses
Annual Electric Expense: 7776
Annual Fuel Expense: 1212
Annual Gross Expenses: 42562
Annual Gross Income: 135331
Annual Insurance Expense: 3882
Annual Maintenance Expense: 8530
Annual Water/Sewer Expense: 4070
Total Annual Expenses: 42562
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 24
Township#: 29
Unit 1
Furnished?: No
Leased?: Yes
Level: Main Level
Unit Number: 1
3/4 Baths: 2
Annual Rent: 33600
Finished SqFt: 1200
Monthly Rent: 2800
No. of Units Like This: 4
Total Baths: 2
Total Bedrooms: 4
Total Rooms: 7
Unit Details
Total Units: 4
Property Features
Accessible: None
Basement: None
Construction Status: Previously Owned
Exterior: Metal
Financing Terms: Cash
Fuel: Natural Gas
Heating: Forced Air
Sellers Terms: Cash; Conventional; Other
Sewer: City Sewer/Connected
Stories: Two
Water: City Water/Connected

Listing Office: RE/MAX Professionals

Last Updated: May - 06 - 2025

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.

Tuesday 2nd of June 2026 04:14 AM

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