456 Buchanan ST NE, Minneapolis, MN 55413
456 Buchanan ST NE, Minneapolis, MN 55413
456 Buchanan ST NE, Minneapolis, MN 55413
456 Buchanan ST NE, Minneapolis, MN 55413
456 Buchanan ST NE, Minneapolis, MN 55413
456 Buchanan ST NE, Minneapolis, MN 55413
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$ 505,000
Est. payment | /mo

6 Beds

4 Baths

2,688 SqFt


Save
$ 505,000
Est. payment | /mo
Save

6 Beds

4 Baths

2,688 SqFt

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,688 sqft

Price per Sqft $187

Subdivision Ramsey Lockwood & Others Add St Anth

MLS Listing ID 7020244

Bedrooms 6

Year Built 1910

Annual Tax Amount $8,571

Tax Year 2025

Contingent None

Lot Size 5,227 Sqft

Lot Dimensions 39.30 X 131.00

Property Sub-Type Fourplex

Property Description

Classic four-unit property with Northeast character in a prime location of the Beltrami neighborhood. Grocery stores, restaurants, breweries, and the University of Minnesota all in close proximity. All units are currently rented month-to-month with long-term tenants in place.


The property includes two 2-bedroom units on the upper floor and two 1-bedroom units on the main level.
Unit 1 was originally a neighborhood storefront during the Roaring '20s, adding a colorful chapter of local history to the property.

2 × 2 Bed / 1 Bath Units
2 × 1 Bed / 1 Bath Units
Current Rent Roll (Fully Occupied, Low Turnover):
Unit 1 (2BR/1BA) – $1,000
Unit 2 (1BR/1BA) – $950
Unit 3 (2BR/1BA) – $1,050
Unit 4 (1BR/1BA) – $1,000

Building Improvements:
Roof: New in 2017
Boiler: New in 2013
Plumbing: PEX Uponor, 2013
Water Heaters: Replaced in 2013

Operating Expense
Taxes: $9,381
Water + Solid Waste: $4,131
Insurance: $2,481
Gas : $2,769
Electric: $500

Location

State MN

County Hennepin

Rooms

Basement Other

Interior

Heating Boiler

Fireplace No

Exterior

Parking Features Detached Garage

Garage Spaces 5.0

Building

Story Two

Foundation 1344

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Frame

New Construction false

Schools

School District Minneapolis

Listed by Alexander Jasko • Lifestyles
Nearby Locations
Joe Mack

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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456 Buchanan ST NE