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Listed price in listed location currency (USD).
$1,196,000

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  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Commercial Sale
Size -
Garage Yes
HOA Fees $2,800
Taxes $21,702
Days Active 134
Approx. Age 1924
MLS® Number 6735952

Property Address: 707 5th St Se, Minneapolis, MN, 55414-1848

Average square foot calculated using Size range provided by listing agent.

Description

707-709 5th Street Southeast in Minneapolis, MN is a well-maintained vintage 13-unit apartment property located in the heart of the Marcy Holmes neighborhood of Minneapolis. The building consists of nine 1-bedroom units and four studio units. Strong rental history with an opportunity to increase rents. Property has a 6-stall garage for added income. Currently only charging $45 per month. On-site laundry currently is not being charged. Storage units are in the basement and are currently included in the rent. Two more potential income sources. Marcy-Holmes is well known for its commercial districts, St. Anthony Main and Dinkytown, and its immediate proximity to the East Bank of the University of Minnesota-Twin Cities campus. Property is home to U of MN students and working-class individuals. Over 80% of the neighborhood is renters. Property Manager lives on site.
MLS® Number6735952
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1924
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Leases, Rental License

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 10, 2025List Date
$1,196,000List Price

Home Appraisal

This property is estimated to sell between: $474,000 and $1,557,000.
Similar properties in this area sold on average for: $474,370
Expected to sell very soon! Similar properties sold in 50 days. This home has been on eXp Commercial Brokerage for 134 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
707 5 Th St Se, Minneapolis, MN

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