About 2549 11th Avenue S
Turnkey, 100% occupied four-plex delivering immediate cash flow in a prime Minneapolis location. Generating gross rental income of $6,548/month ($78,576 annualized), this high-performing property blends turn-of-the-century craftsmanship with major modern updates. Tenants enjoy a highly walkable neighborhood just blocks from Abbott Northwestern Hospital, Midtown Global Market, and top bike trails. • The Space: 3,822 above-ground sq. ft. featuring soaring high ceilings and rich, natural woodwork. • The Bonus: An additional 1,458 sq. ft. basement equipped with coin-operated laundry for extra revenue. • The Portfolio: Located at 2549 11th Ave. S, Minneapolis, MN 55404, this property can be purchased individually or as a package with a side-by-side duplex at 566 & 568 37th Ave. NE (MLS 7149871). Review the Offering Memorandum for full financial details.
Features of 2549 11th Avenue S
| MLS® # | 7149877 |
|---|---|
| Price | $749,900 |
| Bedrooms | 10 |
| Bathrooms | 5.00 |
| Square Footage | 3,822 |
| Acres | 0.13 |
| Year Built | 1902 |
| Type | Residential Income |
| Sub-Type | Fourplex |
| Status | Active |
Community Information
| Address | 2549 11th Avenue S |
|---|---|
| Area | 54 |
| Subdivision | Elliotts Rgt Blks Brackett & Boveys |
| City | Minneapolis |
| County | Hennepin |
| State | MN |
| Zip Code | 55404 |
Amenities
| Amenities | Coin-op Laundry Owned |
|---|---|
| Parking | Asphalt, Shared Driveway, Parking Lot, Open |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Boiler |
|---|---|
| Fireplace | No |
Exterior
| Exterior Features | Wood |
|---|
School Information
| District | Minneapolis |
|---|
Additional Information
| Days on Market | 4 |
|---|---|
| Zoning | Residential-Multi-Family |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Edina Realty, Inc. |
|---|