1107 57th Avenue, Minneapolis (Brooklyn Center), 55430, MN
Price: $649,900
Status type: For Sale
Neighborhood: N/A
Bedrooms: 0
Property Size :3400
Listing Agent: NST17725,NST57138
Property type : Quadruplex
Zip code: 55430
Street: 1107 57th Avenue
Street: 1107 57th Avenue
Bathrooms: N/A
Year: 1963
Listing Brokerage: National Realty Guild
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.
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:
Air Conditioning: N/A
Garage Spaces: 4
Construction Materials: N/A
Foundation Size: 1700ft²
Unit Amenities:
Heating System:
Acres: N/A
Lot Size Dim.: 102x136
Longitude: 45.0582
Latitude: -93.2947
Zoning: Residential-Multi-Family
Tax year: 2025
Tax annual amount: $10,389
Fuel System: N/A
Sewer System: City Sewer - In Street
Water System: City Water/Connected,City Water - In Street
MLS#: NST7818549
Listing Brokerage: National Realty Guild ![]()