1010 23rd Avenue Northeast

Minneapolis, MN 55418

$525,000
Price
Beds
3,468 Sq. Ft.
$151 / Sq. Ft.
3,468
Sq. Ft.
$151
per Sq. Ft.

Description

Now offered for sale in one of the most desirable rental neighborhoods of Minneapolis, this 4-plex offers owner occupants or investors a chance to add a prime location to their rental portfolio. All units have “no winter move-out notice” stipulations through February 2025, so investors or owner occupants alike won’t have to worry about finding new tenants in the middle of winter. 3/4 Units are currently MTM. Many mechanical updates have been completed by the owner investing thousands in a high-efficiency...Now offered for sale in one of the most desirable rental neighborhoods of Minneapolis, this 4-plex offers owner occupants or investors a chance to add a prime location to their rental portfolio. All units have “no winter move-out notice” stipulations through February 2025, so investors or owner occupants alike won’t have to worry about finding new tenants in the middle of winter. 3/4 Units are currently MTM. Many mechanical updates have been completed by the owner investing thousands in a high-efficiency boiler, water heater, electrical, and plumbing which reduces the chance of a big expense in the first few years for the new owner. Unit 3 is a large 2-bed unit which is split into 2 floors! Lots of living space demands a higher monthly rent or a great option for the work-from-home owner occupant investor. Large parking lot out back where a garage used to be gives tenants plenty of space to park, or space to create a private backyard patio. Please allow for 24-36 hour notice for showings with full occupancy. This one will go quick, so come check it out today!
  1. Listed by MRG Realty Partners, LLC

Property Details for 1010 23rd Avenue Northeast

Neighborhood
Windom Park
Subdivision Name
Polk Street Sub
Zoning Jurisdiction
Residential-Multi-Family
LISTING UPDATED: 12/08/2024 01:45 PM

Property Details for 1010 23rd Avenue Northeast

StatusActive Under Contract
MLS #6622707
Days on Compass44
Taxes$8,622 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1900
Lot Size0.13 AC / 5,662 SF
CountyHennepin County

Building Information for 1010 23rd Avenue Northeast

Stories-Residences4Year Built1900Building Size-Lot Size0.13 AC / 5,662 SF

Property Information for 1010 23rd Avenue Northeast

Summary
Location and General Information
  • City Name: Minneapolis
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: Central Ave NE, go east on 23rd Ave NE, the property is on the right
  • Latitude: 45.010609
  • Longitude: -93.244807
  • Map Coordinate: 92-E4
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Minneapolis
  • City and Location Text: Minneapolis(MN)
  • Postal Code: 55418
  • State Or Province: MN
  • Public Survey Township: 29
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 1202924320117
  • Tax Annual Amount: $8,622.00
  • Tax Legal Description: LOT 020 POLK STREET SUBD
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2024
  • Tax With Assessments: 8622.0000
School Information
  • High School District: 1 - Minneapolis
  • School District Number: 1
  • School District Phone: 612-668-0000
Property
Lot Information
  • Above Grade Fin SQFT: 3468.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 3468.0
  • Lot Size Area: 0.13
  • Lot Size Dimensions: 146 x 39
  • Lot Size Units: Square Feet
  • Present Use: Yearly
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • SQFT Main Total: 1500.0000
  • Building Area Total: 4968.0
  • Above Grade SqFt Total: 3468.0000
  • Below Grade SqFt Total: 1500.0000
Property and Assessments
  • Age Of Property: 124
Utilities
  • Electric: 100 Amp Service
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Association Amenities: Coin-op Laundry Leased
  • Foundation Area: 1500.0
  • Fuel: Natural Gas
  • Roof: Age Over 8 Years, Asphalt
Interior Features
  • Basement Type: Brick/Mortar
  • DP Resource: Y
  • Heating: Hot Water
  • Levels: More Than 2 Stories
  • Basement YN: No
Multi Family
Unit 1
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Parking: 1
  • Unit Rooms Total: 4
  • Unit SqFt: 650
  • Unit Type Actual Rent: $1,010.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Unit Level: Main Level
  • Unit Type Total Rent: 12120
  • Unit Furnished: No
Unit 2
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Parking: 1
  • Unit Rooms Total: 4
  • Unit SqFt: 650
  • Unit Type Actual Rent: $1,100.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Unit Level: Main Level
  • Unit Type Total Rent: 13200
  • Unit Furnished: No
Unit 3
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Parking: 1
  • Unit Rooms Total: 4
  • Unit SqFt: 1125
  • Unit Type Actual Rent: $1,280.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Unit Level: Main Level
  • Unit Type Total Rent: 15360
  • Unit Furnished: No
Unit 4
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Parking: 1
  • Unit Rooms Total: 4
  • Unit SqFt: 475
  • Unit Type Actual Rent: $995.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Unit Level: Main Level
  • Unit Type Total Rent: 11940
  • Unit Furnished: No

Property History for 1010 23rd Avenue Northeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1010 23rd Avenue Northeast

Taxable ValueLand$67,200Additions$471,800Total$539,000
Tax Record2023$8,622 ($719 / month)
Home Facts
Total Finished SqFt3,468 SqFtAbove Grade Finished SqFt3,468 SqFtStories3Lot Size5,663 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningR2BCountyHENNEPINAPN12-029-24-32-0117

Schools near 1010 23rd Avenue Northeast

This home is within Minneapolis Public School Dist..
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Pillsbury Elementary School
PublicPK to 5

Northeast Middle School
Public6 to 8

Edison Senior High School
Public9 to 12

Edison High School - Sws
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MRG Realty Partners, LLC

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 12/08/2024 01:45 PM