Minneapolis, MN 55409 3835 5th Avenue S
$650,000
Pending
53 more
Presented By: MRG Realty Partners, LLC
Beds • 12
Baths • 4
SQFT • 4,576
Home Details
This cash-flowing 4-plex located in South Central Minneapolis presents an exceptional opportunity to expand your portfolio.
Unit #3 is MTM and would be a great opportunity for an owner-occupant investor with almost all of the utilities being charged back to the tenants!
Large yard & parking lot with lots of extra storage available.
2/4 units are 4D program participants which reduces the property taxes by up to an estimated 40% (up to 80% if the new owner registers all 4 units in the program!)
With a limited number of 3-bedroom units available for rent in this area, you'll have strong rental demand and renters who want to stay long-term.
Presented By: MRG Realty Partners, LLC
Interior Features for 3835 5th Avenue S
Other Interior Features
Above Grade Finished Area4576
BasementBrick/Mortar
Basement (Y/N)No
Below Grade Finished Area0
FuelNatural Gas
Garage Dimensions
Garage Door Width
Garage Square Feet
General for 3835 5th Avenue S
AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesCommon Laundry
Carport Spaces
CityMinneapolis
Construction MaterialsStucco
ContingencyNone
CountyHennepin
Directions35W to 5th Ave S
Electric100 Amp Service
Electric Expense
Fuel Expense
Garage Spaces
Gross Income72360
HeatingBoiler
High School DistrictMinneapolis
Insurance Expense
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
NumberOfUnitsTotal4
Operating Expense0
OwnerPaysInsurance, Grounds Care, Repairs
PostalCityMinneapolis
Property SubTypeQuadruplex
Property TypeResidential Income
RoofFlat
SewerCity Sewer/Connected
Standard StatusPending
Subdivision NameFifth Ave Add
Tax Annual Amount7257
Tax Year2024
Tenant PaysElectricity, Fuel, Gas, Sewer, Trash Collection
Trash Expense0
Water Sewer Expense0
Year Built1916
Exterior for 3835 5th Avenue S
Building Area Total6864
FencingChain Link
Foundation Area2288
Lot Dimensions75x122
Lot Size Area0.21
Parking FeaturesParking Lot
Water SourceCity Water/Connected
Additional Details
Price History
Mary Merrick
Realtor® MN