$2,750,000
Minneapolis, MN 55414
MLS# 6487735
Status: Closed
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Property Description
Perfectly situated on the UofM Campus, making it the PERFECT location for students. This fantastic investment opportunity boasts two large rental properties on one lot. 925 6th St SE is the TKE fraternity house with 11 bedrooms, 5 bathrooms, multiple common areas and 7 off street parking spots. 617 10th Ave SE is an 8 unit apartment building with 7 indoor garage stalls and indoor bike rack. Apartments include in-unit washer/dryer, dishwasher, stainless steel appliances and high end finishes. The third structure is the Carriage house, currently used for storage. 925 6th will have all rooms available at fist showing. 617 10th will have two units available at first showing and more can be shown at future showings. All units are occupied with good standing leases in place. Detailed financials are available upon request.
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Closed
Off Market Date: 2024-09-13
Current Price: $2,750,000
Closed Date: 2024-10-31
Sales Close Price: 2750000
Contingency: None
ListPrice: 2999900
List Date: 2024-02-09
Office/Member Info
Association: MAAR
MLSID: RMLS
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 10
Year Built: 1903
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Lot Dimensions: 132x190
Acres: 0.6
Foundation Size: 2310
Garage Stalls: 10
For Sale or Lease: For Sale
Location, Tax and Other Information
Legal Description: BLOCK 028 MILL COS ADDN TO ST ANTHONY FALLS LOTS 1 AND 2 AND THE SWLY 25 FT OF LOT 7
Listing City: Minneapolis
Map Page: 106
Municipality: Minneapolis
Rental License?: No
School District: Minneapolis
School District Phone: 612-668-0000
County Abbreviation: & 617 10th Ave SE
Zip Plus 4: 2126
Property ID Number: 2402924240101
Tax Year: 2023
Tax Amount: 47898
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Perfectly situated on the UofM Campus, making it the PERFECT location for students. This fantastic investment opportunity boasts two large rental properties on one lot. 925 6th St SE is the TKE fraternity house with 11 bedrooms, 5 bathrooms, multiple common areas and 7 off street parking spots.
617 10th Ave SE is an 8 unit apartment building with 7 indoor garage stalls and indoor bike rack. Apartments include in-unit washer/dryer, dishwasher, stainless steel appliances and high end finishes.
The third structure is the Carriage house, currently used for storage.
925 6th will have all rooms available at fist showing. 617 10th will have two units available at first showing and more can be shown at future showings. All units are occupied with good standing leases in place.
Detailed financials are available upon request.
Directions: & 617 10th Ave SE Apartment Building
Accessible
None: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 47898
Building Information
Building Finished SqFt: 6930
Construction Status
Previously Owned: 1
Exterior
Brick/Stone: 1
Financing Terms
Conventional: 1
Fuel
Natural Gas: 1
Heating
Hot Water: 1
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Parking Lot: 1
Public Survey Info
Range#: 24
Section#: 24
Township#: 29
Sale Options
Sale Includes: Building, Fixture/Equipment, Land, Leases
Sewer
City Sewer/Connected: 1
Unit 1
Leased?: No
Unit Number: 1
Unit Details
Total Units: 8
Water
City Water - In Street: 1
On Site Utilities
Electric Separate: 1
Heating Separate: 1
Hot Water Separate: 1
CMU Style
Apartments/Multi Family: 1
Current Use
Residential: 1
Location Tax and Other Information
House Number: 925
Street Name: 6th
Street Suffix: Street
Street Direction Suffix: SE
Unit Number: & 617 10th Ave SE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55414
Complex/Dev/Subdivision: Mill Cos Add To St Anthony Falls
Property Features
Accessible: None
CMU Style: Apartments/Multi Family
Construction Status: Previously Owned
Current Use: Residential
Exterior: Brick/Stone
Financing Terms: Conventional
Fuel: Natural Gas
Heating: Hot Water
On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate
Parking Characteristics: Parking Lot
Sewer: City Sewer/Connected
Water: City Water - In Street
Listing Office: Stepping Stone Brokers LLC
Last Updated: November - 02 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
