214 4th ST SE new Save Request In-Person Tour Request Virtual Tour
Minneapolis,MN 55414
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Saint Anthony Falls
MLS Listing ID 6704404
Year Built 1903
Annual Tax Amount $20,971
Tax Year 2024
Contingent None
Lot Size 0.290 Acres
Acres 0.29
Lot Dimensions Irregular
Property Sub-Type Apartment
Property Description
The Maple Oak Apartments, located at 214 4th St SE in Minneapolis' Marcy-Holmes submarket, is a 14-unit,2-star low-rise apartment complex constructed in 1903. This property offers an excellent investment opportunity, featuring a Gross Building Area (GBA) of 10,256 square feet and an average unit size of 684square feet. It comprises a mix of studio, one-bedroom, and two-bedroom units. The property reflects strong market fundamentals, supported by a modest 8% vacancy rate and competitive asking rents averaging$804 per unit or $1.18 per square foot.
Location
State MN
County Hennepin
Zoning Business/Commercial
Rooms
Basement Shared Access
Interior
Heating Steam
Inclusions Building,Leases
Fireplace No
Appliance Range,Refrigerator
Exterior
Parking Features Detached,Parking Lot,Paved
Garage Spaces 2.0
Utilities Available Electric Common
Present Use Residential
Building
Foundation 3291
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone
Schools
School District Minneapolis