Minneapolis, MN 55407,1537 E 38th ST
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Minneapolis, MN 55407,1537 E 38th ST
Minneapolis, MN 55407,1537 E 38th ST
Minneapolis, MN 55407,1537 E 38th ST
Minneapolis, MN 55407,1537 E 38th ST
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$ 470,000
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1537 E 38th ST Minneapolis, MN 55407

864 SqFt


UPDATED:

01/02/2025 04:37 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 864 sqft

Price per Sqft $543

Subdivision Monroe Bros Sub Of Lts Herrick Haml

MLS Listing ID 6639126

Year Built 1911

Annual Tax Amount $6,306

Tax Year 2024

Contingent None

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 0x0x0x0

Property Description

Prime Investment Opportunity to Flip or Hold. Some Finishing Needed. This Unique Quadplex Offers a Fantastic Opportunity for Both Investors and Owner-Occupants Alike with One Unit Move-In Ready & A Second Unit at 90% Completion. The Additional Two Units Are a Blank Slate Waiting for Your Finishing Touches. It is Situated on a Double Lot for Ample Off Street Parking or The Space to Build Garages, Boasts New Plumbing, 4 New 75,000 BTU Boilers, 4 New High Capacity Water Heaters, 4 New Pressure Tanks, Updated Water Main Per City Requirement, Updated Electric, 4 Updated Split Meters, New Chimney Liner, Vinyl Windows Throughout (Basement Windows are New) , As An Equity Builder, A Full Un-Finished Basement With 4 Individual Storage Units & Laundry Hook-Ups Available. All Conveniently Located On a Bus Line, Near Parks & The Lakes, Restaurants, Shopping and Easy Access to the Freeway System, This Property is a Must-See!

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Full, Storage/Locker, Unfinished

Interior

Heating Boiler

Fireplace No

Exterior

Parking Features Parking Lot, Open

Roof Type Rolled/Hot Mop,Flat

Building

Lot Description Public Transit (w/in 6 blks)

Story Two

Foundation 1728

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Stucco

New Construction false

Schools

School District Minneapolis


Listed by Melinda Stolts • Homes Plus Realty
agent

Malee Vang

Advisor | License ID: 40352180

+1(651) 332-4569

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1537 E 38th ST