11.56% in place cap rate. Current lease expires on August 31st, 2024. 9 bedrooms and 4 bathrooms. Single Family investment. Cash flow positive. Brand new water heater, two washers, and two dryers. Solid investment property situated in a prime location steps to the U of M campus. $5,250 gross monthly.
Closed
$397,142
1065 23rd Ave SE, Minneapolis, MN 55414
9beds
3,024sqft
Single Family Residence
Built in 2003
5,227.2 Square Feet Lot
$401,000 Zestimate®
$131/sqft
$2,467 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 16, 2024 at 10:39pm
Listed by:
Joshua J Keller 415-582-0001,
Gramercy Real Estate Group
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6380124

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
- Full bathrooms: 4
Bedroom 1
- Level: Upper
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Upper
Bedroom 4
- Level: Upper
Dining room
- Level: Main
Family room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Dryer, Range, Refrigerator, Washer
Features
- Basement: Finished
Interior area
- Total structure area: 3,024
- Total interior livable area: 3,024 sqft
- Finished area above ground: 2,128
- Finished area below ground: 896
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,227 sqft
- Dimensions: 4 x 128
Details
- Foundation area: 980
- Parcel number: 1902923210218
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Asphalt
Condition
- Age of Property: 21
- New construction: No
- Year built: 2003
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Minneapolis
- Subdivision: Glencar Add
HOA & financial
HOA
- Has HOA: No
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$401,000
2% more+ $8,020
With Zillow Showcase(estimated)
$409,020