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404 8th St SE
Minneapolis, MN 55414 Marcy-Holmes

$750,000 USD

Apartments For Sale  •  5,616 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,616 SF
  • Lot Size 0.23 AC
  • Building Class C
  • Year Built 1910
  • Zoning R5
90 Transit Score
80 Walk Score

Highlights

Well-maintained 4-unit apartment building located in the highly desirable Marcy-Holmes neighborhood. | Highly walkable location near neighborhood rest
Premier infill location just blocks from the University of Minnesota, creating strong year-round rental demand. | Minutes from Downtown Minneapolis
Stable in-place cash flow with the opportunity to increase revenue through strategic rent growth. | Convenient access to Metro Transit, major highways
Value-add investment opportunity with potential to enhance Net Operating Income (NOI) over time. | Attractive investment for private investors and 103
Strong occupancy history supported by one of Minneapolis' most resilient multifamily submarkets. | Located in a historically high-demand rental
Excellent long-term appreciation potential in a supply-constrained neighborhood with high barriers to entry. | Excellent financing candidate supported

Public Transportation

Commuter RailDriveWalkDistance
Target Field Station (Northstar Corridor - Northstar Commuter Rail) 6 min - 2.0 mi
Fridley Station (Northstar Corridor - Northstar Commuter Rail) 15 min - 7.7 mi
AirportDriveWalkDistance
Minneapolis-St Paul International/Wold-Chamberlain 23 min - 11.2 mi
Cody Smith 651-353-3657 Kiser Group
Cody Smith 651-353-3657 Kiser Group