Minneapolis, MN 55414,707 SE 5th ST SE
Minneapolis, MN 55414,707 SE 5th ST SE
Minneapolis, MN 55414,707 SE 5th ST SE
Minneapolis, MN 55414,707 SE 5th ST SE
Minneapolis, MN 55414,707 SE 5th ST SE
Minneapolis, MN 55414,707 SE 5th ST SE
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Sarah Carlson

Sarah Carlson

+1(763) 370-2400
$ 1,196,000
Est. payment | /mo

0.25 Acres Lot

Save
$ 1,196,000
Est. payment | /mo
Save

0.25 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Mill Cos Add To St Anthony Falls

MLS Listing ID 6735952

Year Built 1924

Annual Tax Amount $21,702

Tax Year 2025

Contingent None

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 66.00 X 165.00

Property Description

707-709 5th Street Southeast in Minneapolis, MN is a well-maintained vintage 13-unit apartment property located in the heart of the Marcy Holmes neighborhood of Minneapolis. The building consists of nine 1-bedroom units and four studio units. Strong rental history with an opportunity to increase rents. Property has a 6-stall garage for added income. Currently only charging $45 per month. On-site laundry currently is not being charged. Storage units are in the basement and are currently included in the rent. Two more potential income sources. Marcy-Holmes is well known for its commercial districts, St. Anthony Main and Dinkytown, and its immediate proximity to the East Bank of the University of Minnesota-Twin Cities campus. Property is home to U of MN students and working-class individuals. Over 80% of the neighborhood is renters. Property Manager lives on site.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Family Room Other

Interior

Heating Boiler

Cooling Window Unit(s)

Flooring Carpet, Wood

Inclusions Building, Leases, Rental License

Fireplace No

Appliance Range, Refrigerator

Exterior

Parking Features Parking Lot

Garage Spaces 6.0

Fence None

Utilities Available Electric Separate, Heating Common, Hot Water Common

Roof Type Age Over 8 Years,Rubber

Present Use Residential

Building

Lot Description Tree Coverage - Medium

Story Two

Foundation 3814

Sewer City Sewer - In Street

Water City Water - In Street

Level or Stories Two

Structure Type Brick,Frame

New Construction false

Schools

School District Minneapolis

Listed by Jerry Lindeen • Metro Group Real Estate

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 8

    Yinghua Academy

    Public | KG - 8

  • 8

    Red Rock Elementary

    Public | PK - 5

  • 5

    Waite Park Community School

    Public | PK - 5

  • 4

    Kipp Minnesota Charter School

    Public | 5 - 8

  • 4

    Lyndale Community School

    Public | PK - 5

  • 4

    Mn International Middle Charter

    Public | 5 - 8

  • 4

    Richard R. Green Central Park School

    Public | PK - 5

  • 4

    Marcy Open Elementary School

    Public | KG - 8

  • 4

    Pillsbury Community School

    Public | PK - 5

  • 3

    Twin Cities International Elementary School

    Public | KG - 4

  • 3

    Emerson Elementary School

    Public | PK - 5

  • 3

    Hennepin Elementary School

    Public | KG - 6

  • 3

    New City School

    Public | KG - 8

  • 3

    Cedar Riverside Community School

    Public | KG - 8

  • 3

    Seward Elementary School

    Public | KG - 8

  • 3

    Pratt Community School

    Public | PK - 5

  • 2

    Leadership Academy

    Public | KG - 12

  • 2

    Anne Sullivan Communication Center

    Public | PK - 8

  • 1

    Whittier International

    Public | PK - 5

  • 1

    Sheridan Elementary School

    Public | PK - 8

Middle Schools 10
  • 8

    St. Anthony Middle School

    Public | 6 - 8

  • 2

    Northeast Middle School

    Public | 6 - 8

  • 2

    Venture Academy

    Public | 6 - 7

  • 1

    Stadium View

    Public | 6 - 12

  • 1

    Minnesota Transitions Middle School

    Public | 6 - 8

  • 0

    Urban League Academy High School

    Public | 6 - 12

  • 0

    Minneapolis on Line Learning

    Public | 7 - 12

  • 0

    Center School

    Public | 7 - 12

  • 0

    Broadway Arts & Technology

    Public | 7 - 12

  • 0

    Heritage Science & Technology

    Public | 6 - 12

High Schools 20
  • 8

    St. Anthony Village High School

    Public | 9 - 12

  • 2

    Downtown Campus

    Public | 9 - 12

  • 2

    South High School

    Public | 9 - 12

  • 2

    Mts Pease Academy

    Public | 9 - 12

  • 1

    Augsburg Fairview Academy

    Public | 9 - 12

  • 1

    Transition Plus Services

    Public | 12 - 12

  • 1

    Edison High School

    Public | 9 - 12

  • 1

    Mts High School

    Public | 9 - 12

  • 0

    Merc

    Public | 9 - 12

  • 0

    Loring-Nicollet High School

    Public | 9 - 12

  • 0

    Inter District Downtown School

    Public | 10 - 12

  • 0

    Cristo Rey Jesuit High School Twin Cities

    Private | 9 - 12

  • 0

    Challenge Academy

    Public | 10 - 12

  • 0

    Menlo Park Academy

    Public | 9 - 12

  • 0

    Delasalle High School

    Private | 9 - 12

  • 0

    Extended Day Program

    Public | 9 - 12

  • 0

    Voa Opportunity High School

    Public | 9 - 12

  • 0

    Voa Phoenix - Salt High School

    Public | 10 - 12

  • 0

    American Indian Oic

    Public | 9 - 12

  • 0

    Minneapolis High School Alternative Program

    Public | 11 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Sarah Carlson
Sarah Carlson

Realtor | Lic# Lic# 20325212

+1(763) 370-2400

1893 Station Pkwy, Andover, MN, 55304

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707 SE 5th ST SE