2210 Oakland Avenue, Minneapolis, MN

$790,000

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12

Beds

6

Baths

4,828

Square feet

0.17

Acres

About 2210 Oakland Avenue

Great opportunity to own a 4-unit property just minutes from downtown Minneapolis. The building offers a mix of 2, 3, and 5-bedroom units, giving investors a variety of rental options. All four units are currently occupied, with tenants participating in the Housing Choice Voucher (Section 8) program. An oversized 2-car garage and additional off-street parking add to the property's appeal. The two upper units feature two-level layouts with two bathrooms and updated kitchens. Each unit has its own furnace and dedicated water heater, and tenants pay their own gas and electric. The 5-bedroom, 2-bath unit is expected to become available at the end of July, creating an opportunity for an owner-occupant looking to house hack or for an investor wanting added flexibility. The property is currently self-managed, and operating expense information will be provided as it becomes available. For qualified buyers, the sellers are open to a Contract for Deed through their preferred lender with a minimum 20% down payment, subject to lender approval and mutually agreeable terms. Whether you're adding another property to your portfolio or purchasing your first multifamily property, this is an opportunity worth seeing.

Features of 2210 Oakland Avenue

MLS® # 7105774
Price $790,000
Bedrooms 12
Bathrooms 6.00
Square Footage 4,828
Acres 0.17
Year Built 1892
Type Residential Income
Sub-Type Fourplex
Status Active

Community Information

Address 2210 Oakland Avenue
Area 63
Subdivision G N Merriams Add
City Minneapolis
County Hennepin
State MN
Zip Code 55404

Amenities

Amenities Laundry
Parking Detached Garage, Asphalt, Parking Lot, Paved Lot
# of Garages 2
Is Waterfront No
Has Pool No
Pool None

Interior

Heating Baseboard, Forced Air
Fireplace No

Exterior

Exterior Features Vinyl, Wood
Roof Asphalt, Pitched

School Information

District Minneapolis

Additional Information

Days on Market 7
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $14,227

Listing Details

OfficePemberton RE

Listing Map

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