2210 Oakland Avenue, Minneapolis, MN 55404
- $790,000
- 12
- BD
- 6
- BA
- 4,828
- SqFt
- List Price
- $790,000
- MLS#
- 7105774
- Status
- ACTIVE
- Type
- Multifamily
- Bedrooms
- 12
- Bathrooms
- 6
- Living Area
- 4,828
- Acres
- 0.17
- Subdivision
- G N Merriams Add
- Neighborhood
- 63
- Year Built
- 1892
Property Description
Great opportunity to own a 4-unit property just minutes from downtown Minneapolis. The building offers a mix of 2, 3, and 5-bedroom units, giving investors a variety of rental options. All four units are currently occupied, with tenants participating in the Housing Choice Voucher (Section 8) program. An oversized 2-car garage and additional off-street parking add to the property's appeal. The two upper units feature two-level layouts with two bathrooms and updated kitchens. Each unit has its own furnace and dedicated water heater, and tenants pay their own gas and electric. The 5-bedroom, 2-bath unit is expected to become available at the end of July, creating an opportunity for an owner-occupant looking to house hack or for an investor wanting added flexibility. The property is currently self-managed, and operating expense information will be provided as it becomes available. For qualified buyers, the sellers are open to a Contract for Deed through their preferred lender with a minimum 20% down payment, subject to lender approval and mutually agreeable terms. Whether you're adding another property to your portfolio or purchasing your first multifamily property, this is an opportunity worth seeing.
Additional Information
- School District
- Minneapolis
- Amenities Shared
- Laundry
- Tax Year
- 2026
- Fencing
- Chain Link, Partial
- Fuel
- Natural Gas
- Sewer
- City Sewer/Connected
- Roof
- Asphalt, Pitched
- Heating
- Baseboard, Forced Air
- Water
- City Water/Connected
- Basement
- Partial, Unfinished
- Parking
- Detached Garage, Asphalt, Parking Lot, Paved Lot
- Garage Spaces
- 2
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Listing courtesy of Pemberton RE.
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