Property Description

Well maintained 22- unit multifamily property with several recent improvements, including updated units, refreshed common hallways, and a new roof. The property has been accepted into the 4d Affordable Housing Incentive Program, resulting in a 78.8% reduction in property taxes beginning in 2026, significantly improving long-term cash flow. Strong rental demand driven by its prime location just minutes from Downtown Minneapolis, major transit corridors, hospitals, employment centers, and neighborhood amenities. Excellent opportunity for investors seeking a stabilized asset with substantial operating savings and continued value-add potential.

Property Features

Local Schools