$625,000
$1,000,000
37.5%For more information regarding the value of a property, please contact us for a free consultation.
0.27 Acres Lot
SOLD DATE : 05/21/2026
Key Details
Sold Price $625,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Camden Oaks Add
MLS Listing ID 6824242
Sold Date 05/21/26
Year Built 1969
Annual Tax Amount $15,911
Tax Year 2025
Contingent None
Lot Size 0.270 Acres
Lot Dimensions 65x178
Property Description
Excellent multifamily investment opportunity! This 12-unit apartment building offers strong upside potential through rent growth and strategic improvements. The property features solid units with functional floor plans, providing stable occupancy and consistent rental demand. Located near major transportation corridors, public transit, parks, and neighborhood amenities, this asset benefits from a convenient location for tenants and long-term demand for affordable housing. Ideal for investors seeking to expand their portfolio, implement value-add strategies, or secure a long-term hold in a growing rental market. Great opportunity for seasoned investors or 1031 exchange buyers. Schedule a showing to explore the income potential of this multifamily asset.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Interior
Heating Boiler
Cooling Window Unit(s)
Fireplace No
Appliance Range, Refrigerator
Exterior
Parking Features Parking Lot
Utilities Available Electric Separate, Heating Common, Hot Water Common
Present Use Residential
Building
Story Three Or More
Foundation 3128
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Three Or More
New Construction false
Schools
School District Minneapolis
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