403 6th St SE
Multifamily | 7.26% CAP
Marketing description
403 6th St SE presents an exceptional opportunity to acquire a well-maintained triplex in the heart of the highly sought-after Marcy-Holmes neighborhood, just blocks from the University of Minnesota. The property features an attractive unit mix consisting of two spacious 4-bedroom, 2-bathroom units and one 3-bedroom, 1-bathroom unit, catering to the strong demand for larger rental housing among students, young professionals, and roommate households.
Located in one of Minneapolis' most resilient rental submarkets, the property benefits from a deep and consistent tenant pool driven by the University of Minnesota, nearby healthcare institutions, and downtown employers. The oversized unit configurations command strong rental demand while providing investors with stable cash flow and the opportunity to further enhance income through strategic rent growth and operational efficiencies.
Residents enjoy walkable access to Dinkytown's vibrant mix of restaurants, coffee shops, entertainment, grocery options, and public transportation, with convenient access to Downtown Minneapolis, the Mississippi Riverfront, and the University campus. Combining an exceptional location, highly desirable unit mix, and long-term rental stability, 403 6th St SE represents an outstanding investment opportunity for both private and institutional multifamily investors seeking durable cash flow and long-term appreciation.
Situated in the heart of the highly sought-after Dinkytown/Marcy-Holmes neighborhood, 403 6th Ave SE offers an unbeatable location just blocks from the University of Minnesota Twin Cities. The property is within walking distance of Dinkytown's popular restaurants, coffee shops, nightlife, and everyday conveniences, making it a perennial favorite among students and young professionals. Residents also enjoy quick access to the Stone Arch Bridge, St. Anthony Main, the Mississippi River riverfront trails, and downtown Minneapolis, all just minutes away. Excellent transit options and easy access to major highways further enhance the property's appeal, supporting strong rental demand and long-term investment stability.
Investment highlights
- Located in the highly desirable Marcy-Holmes neighborhood, one of Minneapolis' premier multifamily investment markets.
- Excellent unit mix featuring two 4-bedroom, 2-bath units and one 3-bedroom, 1-bath unit, totaling 11 bedrooms.
- Stable in-place cash flow with additional upside through strategic rent growth and operational efficiencies.
- Strong rental demand driven by proximity to the University of Minnesota, Downtown Minneapolis, and major employment centers.
- Large floor plans designed for student, roommate, and young professional living, supporting premium rental income.
- Highly walkable location near neighborhood restaurants, coffee shops, parks, and the Mississippi Riverfront trail system.
- Minutes from the University of Minnesota campus, St. Anthony Main, Northeast Minneapolis, and Downtown Minneapolis.
- Premier long-term investment in one of the Twin Cities' most established and consistently occupied rental submarkets.
- Strong long-term appreciation potential supported by limited housing supply and continued demand for well-located multifamily assets.
- Offered at an attractive basis with compelling cap rate of 7.26%.
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
