Minneapolis, MN 55404
New Listing
$449,000
Property Type:
Commercial
Bedrooms:
6
Baths:
5
Square Footage:
4,200
Lot Size (sq. ft.):
6,098
Status:
Active
Current Price:
$449,000
List Date:
7/28/2026
Last Modified:
7/28/2026
Overview
Listing Details MLS# 7117155
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Other Parking Spaces
- 5
- Owner Occupied
- No
- Waterfront YN
- No
- Year Built
- 1963
- Yearly/Seasonal
- Yearly
- Zoning
- Residential-Multi-Family
- Foundation Size
- 1200
- For Sale or Lease
- For Sale
- Acres
- 0.14
- Lot Dimensions
- 6,098 SF / 0.14 AC
- Assessment Pending
- No
- Garage Stalls
- 0
Property Features
Accessible:
None
Air Conditioning:
Wall Unit(s)
Amenities Shared:
Coin-op Laundry Owned
Appliances:
Range; Refrigerator
CMU Style:
Low Rise
Construction Status:
Previously Owned
Current Use:
Residential
Exterior:
Brick Veneer; Concrete; Stucco
Foundation:
Poured Concrete
Fuel:
Natural Gas
Heating:
Baseboard; Boiler
On Site Utilities:
Electric Separate; Hot Water Common
Owner Pays:
Common Area Maintenance; Exterior Maintenance; Gas; Insurance; Janitorial Service; Janitorial Service; Lawn; Lawn; Pest Control; Repairs; Sewer; Snow Removal; Taxes; Water
Parking Characteristics:
Parking Lot; More Parking Offsite for Fee; Unassigned
Rental License Type:
Standard
Roof:
Age 8 Years or Less; Composition
Sewer:
City Sewer/Connected
Stories:
Three Or More
Tenant Pays:
Electricity
Water:
City Water/Connected
Contract Information
- Contingency
- None
- ListPrice
- 449000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- Postal City
- Minneapolis
- County
- Hennepin
- State
- MN
- Zip Code
- 55404
- Complex/Dev/Subdivision
- Melvilles Rgt Blks Brackett & Boveys
Basement
- Foundation Dimensions
- 48'x28'
Building Information
- Building Finished SqFt
- 3456
- Building SqFt
- 4200
More Information
Income and Expenses
- Annual Caretaker Expense
- 2170
- Annual Electric Expense
- 369.26
- Annual Fuel Expense
- 3614.91
- Annual Gross Expenses
- 38272
- Annual Gross Income
- 53226
- Annual Insurance Expense
- 7899.96
- Annual Maintenance Expense
- 2231.03
- Annual Net Income
- 14954
- Annual Repair Expense
- 9609.76
- Annual Trash Expense
- 2229
- Annual Water/Sewer Expense
- 2195.2
- Total Annual Expenses
- 38272
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 24
- Section#
- 35
- Township#
- 29
Sale Options
- Sale Includes
- Building, Leases
Unit 1
- Unit Number
- Yes
- Full Baths
- Yes
- Total Bathrooms
- Yes
- Total Bedrooms
- 2
- Level
- Below Ground
- Lease Expiration Date
- 2026-06-01
- No. of 1 Bedroom Units
- 4
Unit 2
- No. of 2 Bedroom Units
- Yes
- Full Baths
- Yes
- Lease Expiration Date
- 2026-10-31
- Level
- Main Level
- Total Bathrooms
- Yes
- Total Bedrooms
- Yes
- Unit Number
- 2
Unit 3
- Full Baths
- Yes
- Lease Expiration Date
- 2026-05-01
- Total Bathrooms
- Yes
- Total Bedrooms
- Yes
- Unit Number
- 3
Unit 4
- Full Baths
- Yes
- Lease Expiration Date
- 2026-06-30
- Total Bathrooms
- Yes
- Total Bedrooms
- Yes
- Unit Number
- 4
Unit 5
- Full Baths
- Yes
- Lease Expiration Date
- 2026-05-01
- Total Bathrooms
- Yes
- Total Bedrooms
- Yes
- Unit Number
- 5
Unit Details
- Total Units
- 5
Office/Member Info
- Association
- SPAAR
Location, Tax and Other Information
- Legal Description
- LOT 005 MELVILLES RGT BLKS BRACKETT & BOVEYS
- Listing City
- Minneapolis
- Map Page
- 106
- Municipality
- Minneapolis
- School District
- Minneapolis
- School District Phone
- 612-668-0000
- Zip Plus 4
- 1008
- Property ID Number
- 3502924240151
- Tax Year
- 2026
- Tax Amount
- 9704.96
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Directions
- Located on Elliot Ave S just south of E Franklin Ave in Minneapolis.
Accessible
- None
- Yes
Air Conditioning
- Wall Unit(s)
- Yes
Amenities Shared
- Coin-op Laundry Owned
- Yes
Appliances
- Range
- Yes
- Refrigerator
- Yes
Assessments
- Assessment Balance
- 0
- Tax With Assessments
- 0
Construction Status
- Previously Owned
- Yes
Exterior
- Brick Veneer
- Yes
- Concrete
- Yes
- Stucco
- Yes
Foundation
- Poured Concrete
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Baseboard
- Yes
- Boiler
- Yes
Owner Pays
- Common Area Maintenance
- Yes
- Exterior Maintenance
- Yes
- Gas
- Yes
- Insurance
- Yes
- Janitorial Service
- Yes
- Lawn
- Yes
- Pest Control
- Yes
- Repairs
- Yes
- Sewer
- Yes
- Snow Removal
- Yes
- Taxes
- Yes
- Water
- Yes
Parking Characteristics
- Garage Dimensions
- No
- Parking Lot
- Yes
- More Parking Offsite for Fee
- Yes
- Unassigned
- Yes
Rental License Type
- Standard
- Yes
Roof
- Age 8 Years or Less
- Yes
- Composition
- Yes
Sewer
- City Sewer/Connected
- Yes
Stories
- Three Or More
- Yes
Water
- City Water/Connected
- Yes
No. of Ranges
- Five
- Yes
No. of Refrigerators
- Five
- Yes
Tenant Pays
- Electricity
- Yes
On Site Utilities
- Electric Separate
- Yes
- Hot Water Common
- Yes
CMU Style
- Low Rise
- Yes
Current Use
- Residential
- Yes
Listing Office:
AR Realty Group Inc.
Last Updated: July - 28 - 2026
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