806 6th Street SE Minneapolis, MN - Image 1806 6th Street SE Minneapolis, MN - Image 2806 6th Street SE Minneapolis, MN - Image 3806 6th Street SE Minneapolis, MN - Image 4806 6th Street SE Minneapolis, MN - Image 5806 6th Street SE Minneapolis, MN - Image 6806 6th Street SE Minneapolis, MN - Image 7806 6th Street SE Minneapolis, MN - Image 8806 6th Street SE Minneapolis, MN - Image 9806 6th Street SE Minneapolis, MN - Image 10806 6th Street SE Minneapolis, MN - Image 11806 6th Street SE Minneapolis, MN - Image 12806 6th Street SE Minneapolis, MN - Image 13806 6th Street SE Minneapolis, MN - Image 14806 6th Street SE Minneapolis, MN - Image 15806 6th Street SE Minneapolis, MN - Image 16806 6th Street SE Minneapolis, MN - Image 17806 6th Street SE Minneapolis, MN - Image 18806 6th Street SE Minneapolis, MN - Image 19806 6th Street SE Minneapolis, MN - Image 20806 6th Street SE Minneapolis, MN - Image 21806 6th Street SE Minneapolis, MN - Image 22806 6th Street SE Minneapolis, MN - Image 23806 6th Street SE Minneapolis, MN - Image 24806 6th Street SE Minneapolis, MN - Image 25806 6th Street SE Minneapolis, MN - Image 26806 6th Street SE Minneapolis, MN - Image 27806 6th Street SE Minneapolis, MN - Image 28806 6th Street SE Minneapolis, MN - Image 29806 6th Street SE Minneapolis, MN - Image 30806 6th Street SE Minneapolis, MN - Image 31806 6th Street SE Minneapolis, MN - Image 32806 6th Street SE Minneapolis, MN - Image 33806 6th Street SE Minneapolis, MN - Image 34806 6th Street SE Minneapolis, MN - Image 35

$599,900

8 Beds 3 Baths 3,336 SQFT 0.13 Acres
Type: Multi-Family

806 6th Street SE
Minneapolis, MN 55414

MLS#: 7068739
The Real Estate Advantage
Office: 952.224.8800
Presented by: eXp Realty

Property Description

 

Don't miss this turnkey income-producing opportunity in the heart of Dinkytown, steps from the University of Minnesota campus. 806 and 810 6th Street SE are available together as a bundled package — including a shared 20-space parking lot — for a combined purchase price of $1,550,000. When fully occupied these investments have potential to produce combined annual gross income of $171,000 with additional income opportunity with parking and coin-op laundry. This is a cash-flowing asset in a market that virtually never sleeps. 806 6th Street SE is currently operating as a duplex with a clear path to triplex conversion — a value-add play that savvy investors will immediately recognize. Paired with 810 6th Street SE operating as a triplex, this package offers both immediate income stability and long-term growth potential in one of Minneapolis's most recession-resistant rental corridors. Please note that the sale of 806 will occur concurrently with 810 6th Street SE (MLS 7068805)


 

Interior Features

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths3

Other Interior Features

Above Grade Finished Area3,336 sqft
BasementOther
Basement (Y/N)No
Below Grade Finished Area0 sqft
FuelNatural Gas
Garage Square Feet0

General

AccessibilityNone
Additional Parcels Y/NNo
CityMinneapolis
ContingencyNone
CountyHennepin
Directions35W S, W onto 5th St SE, NE onto SE 8th Ave, right onto 6th St SE, home on right.
Electric Expense1090.2
Fuel Expense2640.66
Garage Spaces0
Gross Income72000
HeatingHot Water
High School DistrictMinneapolis
Insurance Expense2200
Land Lease Y/NNo
Lender OwnedNo
LevelsMore Than 2 Stories
Living Area3,336 sqft
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
Number Of Units Total2
Operating Expense19275
OwnerPaysElectricity, Gas, Heat, Hot Water, Insurance, Repairs, Sewer, Taxes, Trash Collection, Water
Pool FeaturesNone
PostalCityMinneapolis
Property SubtypeDuplex Up and Down
Property TypeResidential Income
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameMill Cos Add To St Anthony Falls
Tax Annual Amount$11,243
Tax Year2026
Tenant PaysBroadband, Cable TV
Trash Expense2084.65
Water Sewer Expense0
Year Built1902
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total4,854 sqft
FencingNone
Foundation Area1,518 sqft
Lot Dimensions33x165
Lot FeaturesPublic Transit (w/in 6 blks), Tree Coverage - Light
Lot Size Area0 sqft
Parking FeaturesParking Lot, Paved Lot
Road Frontage TypeCity Street, Curbs, Paved Streets, Sidewalks
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
Middle School N/A
High School N/A

  

Similar Properties

$599,900

8 Beds 3 Baths 3,336 SQFT 0.13 Acres
Type: Multi-Family

806 6th Street SE
Minneapolis, MN 55414

MLS#: 7068739
The Real Estate Advantage
Office: 952.224.8800