214 4th ST SE, Minneapolis, MN 55414 - 6704404

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Shari Bellows

shari@pedersonrealty.com +1(612) 590-9781

$2,015,000

Est. payment - /mo

0.29 Acres Lot

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UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Saint Anthony Falls

MLS Listing ID 6704404

Year Built 1903

Annual Tax Amount $20,971

Tax Year 2024

Contingent None

Lot Size 0.290 Acres

Acres 0.29

Lot Dimensions Irregular

Property Sub-Type Apartment

Property Description

The Maple Oak Apartments, located at 214 4th St SE in Minneapolis' Marcy-Holmes submarket, is a 14-unit,2-star low-rise apartment complex constructed in 1903. This property offers an excellent investment opportunity, featuring a Gross Building Area (GBA) of 10,256 square feet and an average unit size of 684square feet. It comprises a mix of studio, one-bedroom, and two-bedroom units. The property reflects strong market fundamentals, supported by a modest 8% vacancy rate and competitive asking rents averaging$804 per unit or $1.18 per square foot.

Location

State MN

County Hennepin

Zoning Business/Commercial

Rooms

Basement Shared Access

Interior

Heating Steam

Inclusions Building, Leases

Fireplace No

Appliance Range, Refrigerator

Exterior

Parking Features Detached, Parking Lot, Paved

Garage Spaces 2.0

Utilities Available Electric Common

Present Use Residential

Building

Foundation 3291

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Brick/Stone

Schools

School District Minneapolis

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Listed by James Faillettaz • Keller Williams Premier Realty

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Shari Bellows

+1(612) 590-9781

Agent | License ID: 40701920

Agent License ID: 40701920

214 4th ST SE Minneapolis, MN 55414

Shari Bellows

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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