2416 4th Avenue S Minneapolis, MN ^$ 450,000

2416 4th Avenue S

^$ 450,000

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2416 4th Avenue S

Minneapolis, MN, 55404

^$ 450,000

Studio Baths0.0 Sq 2,916

Monthly Estimate*

^$ 3,143

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Studio

Commercial Property for sale in Minneapolis, MN

for $450,000. This 2,916 square foot building was built in 1914 on a lot size of 0.13.

Located on 4th Ave in South Minneapolis. 4 unit multifamily apartment building.

Commercial Active

Price

^$ 450,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 8,292

Style

Apartment

Lot Size

0.13

Year Built

1914

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6412624

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Utilities Heating Common

Garage Spaces 0

Construction Materials Wood Siding

Year Built 1914

Property SubType Apartment

Tax Year 2023

Current Use Residential

Accessibility None

County Hennepin

Property Type Commercial Sale

Contingency None

Subdivision Name Hansons Twenty Fourth St Rgt

Possible Use Other

Directions from St Paul Minnesota USA to 2416 4th Ave S Minneapolis MN 55408 USA Take I-94 W and I-35W S to Stevens Ave in Minneapolis. Take exit 15A from I-35W S Take 1st Ave S and E 28th St to 4th Ave S

City Minneapolis

Buyer Agent Compensation 3.00

High School District Minneapolis

Zoning Description Residential-Multi-Family

Total Units 4

Street Name 4th

Land Lease Y/N N

Tax Annual Amount 8292

Additional Parcels Y/N N

Days on Market 200

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Exterior

Parking Features Open

Water Source City Water - In Street

Inclusions Building Land

Lot Size Area 0.13

Building Area Total 2916

Lot Dimensions 2916

Lot Size Units Acres

Foundation Area 1458

Interior

Basement (Y/N) N

Street Suffix Avenue

Fuel Natural Gas

Internal Only

Street Number 1 2416

* Excluded Features

List By

Caspian Group

Broker

patrick@caspianrealty.com

Affordability Calculator

$3,834

Per Month

Monthly Principal & Interest: $3,143
Monthly Property Taxes: $691
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Minneapolis, MN

Average List Price ^$1,081,128

Percent of Sale Price 140%

About Minneapolis, MN

417,625 Population

9% Since 2002

^$56,777 Median Income

35.08 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708364 Elementary School

708967 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/21/2024	$450,000	-13.46%	Price Down
8/4/2023	$520,000		Listed Price

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2416 4th Avenue S, Minneapolis, MN, 55404 is a Commercial Property for sale at $450,000 with 2,916 sqft and a lot size of 0.13. 2416 4th Avenue S is a studio with 0.0 baths and was built in 1914. The property's zip code is 55404 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/30/2024.

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2416 4th Avenue S

Commercial Property for sale in Minneapolis, MN

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