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2201 5th Avenue S
Minneapolis MN 55404 US

$775,000

Active Listing ID 6639533
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8 bed
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Lot: 0.15 Acres
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Other

$775,000

Active Listing ID 6639533
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2201 5th Avenue S Investment opportunity in Phillips West! This 10-unit building features a mix of one-bedroom and two-bedroom units, with convenient on-site parking. Recent updates include a freshly painted exterior and other exterior improvements, while 70% of the units have been renovated, offering room for further upgrades and rent growth. Located near major highways, public transportation, and popular Minneapolis destinations, this property provides strong rental demand and significant potential for income growth. Don’t miss the chance to capitalize on this value-add investment opportunity.

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Property Features

  • Facts
  • Lot Size: 0.15 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Stucco
  • Heating Fuels: Hot Water

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 775000
  • unparsedaddress: 2201 5th Avenue S
  • postalcity: Minneapolis
  • stateorprovince: MN
  • country: US
  • postalcode: 55404
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.148
  • lotsizeunits: Acres
  • lotsizearea: 0.148
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 44.960723
  • longitude: -93.26862
  • listagentfullname: James Faillettaz
  • listagentemail: jamesfaillettaz@gmail.com
  • listagentkey: 3yd-RMLSMN-506019989
  • listagentmlsid: 506019989
  • listagentpreferredphone: 6513795252
  • listagentofficephone: 6513795252
  • listofficekey: 3yd-RMLSMN-9705
  • listofficemlsid: 9705
  • disclaimer: Copyright © 2024 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RMLSMN
  • yearbuilt: 1929
  • listingcontractdate: 2024-12-10
  • listagenturl: http://www.kwwoodbury.com
  • countyorparish: Hennepin
  • parcelnumber: 3402924110064
  • heating: Hot Water
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • exteriorfeatures: Stucco
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -93.26862, 44.960724
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Premier Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"frontdesk264@kw.com", "ListBrokerageCity":"Woodbury", "ListBrokerageCountry":"US", "ListBrokerageEmail":"frontdesk264@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/RMLSMN/c5ababc31ed168fd011ed207c9000183/20140814211023935.png", "ListBrokerageName":"Keller Williams Premier Realty", "ListBrokeragePhone":"651-379-5252", "ListBrokeragePostalCode":"55125", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"635 Bielenberg Drive Suite 100", "ListBrokerageWebsiteUrl":"http://www.kwwoodbury.com", "ListOfficeAddress1":"635 Bielenberg Drive Suite 100", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Woodbury", "ListOfficeCountry":"US", "ListOfficeEmail":"frontdesk264@kw.com", "ListOfficePostalCode":"55125", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - Minneapolis, MN", "ListingURL":"https://listings.listhub.net/pages/RMLSMN/6639533/?channel=rexren", "MLSModificationTimestamp":"2024-12-16T10:30:15Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":11453, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/16/2024 7:04:34 PM GMT
Source Updated Date: 12/22/2024 6:50:18 AM GMT

Courtesy of: James Faillettaz, Keller Williams Premier Realty, jamesfaillettaz@gmail.com

Copyright © 2024 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.