2447 11th Avenue South
Investment Property in South Minneapolis-2447 11th Ave S Minneapolis, MN
Marketing description
Fantastic investment opportunity in a well-maintained 5-unit multifamily property in Minneapolis, MN. This property features a strong rental mix and consistent occupancy, making it ideal for both seasoned and first-time investors.
Expenses: Tenants pay: Electric
Landlord pays: Gas, Water, Trash
Highlights: Strong in-place rental income Upside potential with one vacant unit
Desirable unit mix for steady tenant demand
Opportunity to increase rents over time
Whether you’re looking to expand your portfolio or get started in multifamily investing, this property offers a solid foundation with immediate cash flow and future upside. Owner is licensed broker in the state of MN with Financially Free, LLC. Message for more details or to schedule a showing!
Investment highlights
Property Details:
Total Units: 5 Unit
Mix: 3 One-Bedroom Units 2 Two-Bedroom Units
Current Occupancy: 4 out of 5 units rented
Rental Income:
Unit 1: $1,495/month
Unit 2: $1,450/month
Unit 4: $1,150/month
Unit 5: $1,270/month
Unit 3: Vacant one bedroom unit (value-add opportunity or owner-occupant potential)
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