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$949,900

11 Beds 5 Baths 3,276 SQFT 0.13 Acres
Type: Multi-Family

810 6th Street SE
Minneapolis, MN 55414

MLS#: 7068805
Courtney Maas-Peker
Courtney Maas-Peker
The Real Estate Advantage
Realtor
Phone: 612.618.4823
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. 810 6th Street SE is currently operating as a triplex, while 806 6th Street SE a duplex with a clear path to triplex conversion — a value-add play that savvy investors will immediately recognize. Paired together, 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 810 will occur concurrently with 806 6th Street SE (MLS 7068739).


 

Interior Features

Bedrooms

Total Bedrooms11

Bathrooms

Total Baths5

Other Interior Features

Above Grade Finished Area3,276 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 Expense2293.53
Fuel Expense3605.22
Garage Spaces0
Gross Income97800
HeatingHot Water
High School DistrictMinneapolis
Insurance Expense6200
Land Lease Y/NNo
Lender OwnedNo
LevelsMore Than 2 Stories
Living Area3,276 sqft
Lot Size UnitsAcres
MaintenanceExpense0
Net Operating Income0
New ConstructionNo
Number Of Units Total3
Operating Expense28924
OwnerPaysElectricity, Gas, Heat, Hot Water, Insurance, Repairs, Other, Sewer, See Remarks, Trash Collection, Water
Pool FeaturesNone
PostalCityMinneapolis
Property SubtypeTriplex
Property TypeResidential Income
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameMill Cos Add To St Anthony Falls
Tax Annual Amount$13,050
Tax Year2026
Tenant PaysCable TV, Electricity
Trash Expense3978.63
Water Sewer Expense0
Year Built1902
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total4,914 sqft
FencingNone
Foundation Area1,638 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

$949,900

11 Beds 5 Baths 3,276 SQFT 0.13 Acres
Type: Multi-Family

810 6th Street SE
Minneapolis, MN 55414

MLS#: 7068805
Courtney Maas-Peker
Courtney Maas-Peker
The Real Estate Advantage
Realtor
Phone: 612.618.4823
Office: 952.224.8800