5-plex in Minneapolis that transcends that elusive 1% rule! Very well maintained. 4 identical 2/1 units on the main and upper floors and huge 3/1 +office unit in the basement! Tenants pay electric (metered separately, Owner pays gas. Great cash flowing property, with room to go up in rents for even more cash flow!
MLS ID: 7017730
Directions: Franklin to 14th, S to property
MLS #: 7017730
Listing courtesy of: Wits Realty
Price: $575,000
Type: Multi-Family
Contingency: None
Foreclosure: No
Total Units: 4
Annual Gross Income: $72,600
Operating Expense: $41,560
Annual Fuel Expense: $5,000
Annual Insurance Expense: $7,500
Annual Maintenance Expense: $7,250
Annual Other Expense: $7,260
Annual Annual Expense: $3,000
Annual Water/Sewer Expense: $3,000
Tenant Pays: Cable TV, Electricity
Owner Pays: Gas, Heat, Hot Water, HVAC Maintenance, Insurance, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water
Parking Features: Parking Lot, Paved Lot
Owner Occupied: No
Finished SqFt Total: 6,366
Finished Above Grade: 4,466
Finished Below Grade: 1,900
Fireplace: No
AccessibilityFeatures: None
Heating: Boiler
Foundation Area: 2,233
Sewer: City Sewer/Connected
Water Source: City Water/Connected
Present Use: Yearly
Complex/Dev/Sub Name: Eliots Add
Lot Dimensions: 67x119
District: Minneapolis
District Number: 558
District Phone: 6126680000
County: Hennepin
Survey Range: 24
Survey Section: 35
Survey Township: 29
Tax Year: 2025
Tax Amount: $10,979
Assessment Pending: Unknown
Taxes w/Assessments: $10,979
This listing was last updated by Wits Realty on 2/19/2026 at 2:11 pm.
Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.
Records last updated at 3/18/2026 6:25 am.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc.
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Twin Cities are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
Estimate your Monthly Payment
Update the values to calculate a rough estimate of a monthly payment.
*Note the monthly payment estimate does not include property taxes or insurance.
You are viewing the Twin Cities, MN site. Switch to: Winona, MN | Rochester, MN | La Crosse, WI
Castle Realty Brokers, REALTORS® and Agents are licensed in Minnesota and Wisconsin. | View All Listings | Privacy Policy | DMCA Notice | © 2026 Castle Realty, LLC
