2120 Minnehaha Avenue

Minneapolis, MN
$ 799,000 Beds 0 Baths 0 Sq 9,400
Monthly Estimate* How much can I afford?

Multifamily or Repurposing opportunity. Zoned I-1. Two parcels being sold together: 2120 Minnehaha Ave So and 1914 22nd St E. Current use is residential rental. Licensed through March 2022. Monthly leases except for two Sec 8 tenants. Buildings are solid, cosmetic improvements have been done between tenants. 1 block from rail stop. Bus stop at corner. Lot is approx .37 acres; 9 off street parking spots. 2120 Minnehaha: seven 1BR units and one 2BR unit. Rents $750-850. Basement includes a large conference room and commercial kitchen. Formerly used by a church; currently storage. High efficiency boiler in 2013. New water heater July 2017. AC in basement and Unit #3. Windows were replaced in early 1990's. Caretaker in Unit #3, rent is reduced to $400 for services. Two units are vacant, one under construction. 1914 22nd St: four 1BR units that rent for $700. This building could use some sprucing up. The area has many new businesses and much development of new multifamily housing.

Pending

  • Price
  • $ 799,000
  • Lot Size
  • 0.37 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 9,400
  • Full Bathrooms
  • 0
  • Year Built
  • 1917
  • Half Bathrooms
  • 0
  • City, Zip
  • Minneapolis
  • Taxes
  • 1434
  • County
  • HENNEPIN
  • Style
  • Apartment
  • Area
  • Westfalls Add
  • MLS#
  • 5729921
  • Zip
  • 55404
Listing Provided by: Coldwell Banker Realty
Data Source: NorthstarMLS

Features

General

Accessibility None
Appliances Range, Dishwasher, Refrigerator, Freezer, Electric Water Heater
Association Amenities Coin-op Laundry Leased
Basement Full, Partially Finished
Construction Materials Stucco
Contingency None
Cooling Central Air
Current Use Residential
Heating Hot Water, Space Heater
High School District Minneapolis
Lender Owned No
Parking Features Open, Paved
Property SubType Apartment
Property Type Commercial Sale
Roof Pitched
Sewer City Sewer/Connected
Standard Status Pending
Tax Annual Amount 1434
Total Units 12
Zoning Description Industrial

Exterior Features

Foundationarea 4165
Lot Dimensions Irreg
Lot Features Irregular Lot, Corner Lot, Tree Coverage - Light, Tree Coverage - Medium, Public Transit (w/in 6 blks)
Lot Size Area 0.37
Lot Size Units Acres
Road Frontage Type City Street
Water Source City Water/Connected
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Woodbury, MN office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/25/2021 Listed $799,000

Property vs Zip Code Average in 55404

Price
AVG $320K
$800K
Taxes
AVG $3,679
$1,434
Visits
AVG 114
46
Year Built
AVG 1953
1917
Walkscore
AVG 87
86
Data Provided by Walkscore ® not using MLS data

Map

2120 Minnehaha Avenue Minneapolis, MN is a Single Family Home for sale at $799000 with 9400 sqft and a lot size of 0.37 Acres Acre(s). 2120 Minnehaha Avenue Minneapolis has 0 bedrooms, 0 baths and was built in 1917. The property's zip code is 55404 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.