1107 57TH AVENUE

1107 57th Avenue, Minneapolis (Brooklyn Center), 55430, MN

DETAILS

24 hr notice to show. Well-maintained property offers an excellent opportunity for a new or growing investor to step into a cash-flowing asset. -Three units occupied w/market-rate tenants and a lease is pending on the fourth. Two units have been updated. -4 furnaces-CenterPoint Energy has quoted approx. $2,500 to separate gas meters, allowing future heat costs to be shifted to tenants, further increasing net income. -E-Z access to I-94, Hwy 100, and I-694, and public transit routes-high rental demand area. Street has an expanded pedestrian path leading to a regional park and the Mississippi River — approx. a 15-minute walk. -Coin-op laundry on inactive third-party contract —new owner can take over machines and capture 100% of income. -Detached garage provides another revenue opportunity if rented separately. Property has been professionally managed and would be suitable for either passive ownership or self-management. **Listing agent holds an ownership interest in the property.

INTERIOR

  • Bedrooms: N/A

  • Fin ft² / Living Area: 3400 ft²

  • Below Ground Living: 1700ft²

  • Bathrooms: N/A

  • Above Ground Living: 1700ft²

  • Basement Details: Other,

  • Appliances Included:

EXTERIOR

  • Air Conditioning: N/A

  • Garage Spaces: 4

  • Construction Materials: N/A

  • Foundation Size: 1700ft²

  • Unit Amenities:

  • Heating System:

    • Forced Air

LOT

  • Acres: N/A

  • Lot Size Dim.: 102x136

  • Longitude: 45.0582

  • Latitude: -93.2947

  • Zoning: Residential-Multi-Family

FINANCIAL & TAXES

  • Tax year: 2025

  • Tax annual amount: $10,389

MISCELLANEOUS

  • Fuel System: N/A

  • Sewer System: City Sewer - In Street

  • Water System: City Water/Connected,City Water - In Street

ADDITIONAL INFORMATION

  • MLS#: NST7818549

  • Listing Brokerage: National Realty Guild Agency Icon

ID: 4237291
Published: October 23, 2025
Last Update: October 23, 2025
Views: 2