$920,000
421 6th Street SE Minneapolis, MN 55414
For Sale MLS# 6652619
7,149 sq ft Commercial
Details for 421 6th Street SE
MLS# 6652619
Description for 421 6th Street SE, Minneapolis, MN, 55414
Come see this fully stabilized 7-unit property in a great location in SE Minneapolis. Every unit in this building has been rehabbed within the last few years. Solid rents in place, but there is definitely room for rent bumps. This property's proximity to the U of M campus and downtown gives it a strong student rental base. The back parking lot has recently been redone to add extra parking spaces for tenants. Come and drive by the property! It sits in a quiet neighborhood while still being just blocks away from some of Minneapolis's best restaurants.
Listing Information
Property Type: Commercial, Apartments/Multi Family
Status: Active
Bedrooms: 16
Bathrooms: 7
Lot Size: 0.25 Acres
Square Feet: 7,149 sq ft
Year Built: 1900
Foundation: 2,221 sq ft
Subdivision: Mill Cos Add To St Anthony Falls
Number Of Units Total: 7
Current Use: Residential
County: Hennepin
Days On Market: 7
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Common,Heating Common,Hot Water Common
Cooling: Window
Heating: Hot Water, Natural Gas
Exterior / Lot Features
Open Parking: 9
Parking Description: Paved Lot
Exterior: Vinyl
Lot Dimensions: 66x165
Zoning: Business/Commercial
Additional Exterior/Lot Features: Land Inclusions - Building,Leases
Unit Information
Unit 1 Actual Rent: 1150
Unit 1 Baths Total: 1
Unit 1 Beds Total: 1
Unit 2 Actual Rent: 1200
Unit 2 Baths Total: 1
Unit 2 Beds Total: 2
Unit 3 Actual Rent: 2000
Unit 3 Baths Total: 1
Unit 3 Beds Total: 4
Unit 4 Actual Rent: 985
Unit 4 Baths Total: 1
Unit 4 Beds Total: 1
Unit 5 Actual Rent: 1100
Unit 5 Baths Total: 1
Unit 5 Beds Total: 2
Unit 6 Actual Rent: 1950
Unit 6 Baths Total: 1
Unit 6 Beds Total: 3
Driving Directions
University Ave SE, N., on 5th Ave SE, W., on 6th St SE to property on Right.
Financial Considerations
Gross Income: 102299
Tax/Property ID: 2402924220073
Tax Amount: 14300
Tax Year: 2024
HomeStead Description: Non-Homesteaded
Price Changes
Date | Price | Change |
---|---|---|
01/25/2025 12.32 PM | $920,000 |
A broker reciprocity listing courtesy: Keller Williams Premier Realty
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively 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. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 421 6th Street SE
Sales History
Date | Price | Change |
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Currently not available. |
Tax Summary
Tax Year | Estimated Market Value | Total Tax |
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Currently not available. |
Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 421 6th Street SE
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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