707 SE 5th Street SE Minneapolis, MN 55414

$1,449,900
Active
Apartment  |  MLS # 6735952
Active
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About The Listing

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.


Listing courtesy of Jerry Lindeen, Metro Group Real Estate
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Property Details

Features

 
 
 
Property Type: Commercial
Status: Active
Contingency Type: None
Year Built: 1924
MLS #: 6735952
Garage Spaces: 6
Parking Description: Parking Lot
Sewer Description: City Sewer - In Street
Air Conditioning Type: Window Unit(s)
Water: City Water - In Street
Heat Type: Boiler
Construction Description: Brick/Stone
Roof Description: Age Over 8 Years, Rubber
Days On Market (Continuous): 1
Disability Features: None
Latest Update: 06/11/2025
List Date: 06/10/2025
Listing Agent ID: 502211474
Listing Office: Metro Group Real Estate
Listing Office ID: 21523
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Range, Refrigerator
Lot Dimensions: 66.00 X 165.00
Lot Size: 0.25 Acres
Lot Features: Many Trees
School District: Minneapolis
Tax Year: 2025
Estimated Taxes: $21,702
Contingency Type: None
City: Minneapolis
Zip: 55414
County: Hennepin
Subdivision: Mill Cos Add To St Anthony Falls
State: MN
Listing last updated: 06/11/25

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