$250,000

9 E 37th StreetMinneapolis, MN 55409

Type: Multi-Family

4 Units

Description

Attention seasoned investors! This is a unique opportunity to own a four-plex in a high demand part of S. MPLS. This property originally was a 4-plex with strong cash flow. The home has been cleared out and ready for fresh ideas. Keep it as a 4-plex, or maybe a triplex. Short term, or long term. The potential is here! It will take some work to get it occupied, but it will be worth it. You gotta love the proximity to 38th and Nicollet!

MLS ID: 6756142

Directions: Nicollet to 37th. East to home.

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Property Details

Essential Details

MLS #: 6756142

Listing courtesy of: BRIX Real Estate

Price: $250,000

Type: Multi-Family

Contingency: None

Foreclosure: No

Zoning: Residential-Multi-Family

Total Units: 4

Annual Gross Income: $48,000

Operating Expense: $10,000

Annual Gross Expense: $10,000

Annual Insurance Expense: $3,000

Annual Maintenance Expense: $1,000

Annual Other Expense: $1,000

Annual Annual Expense: $1,000

Annual Water/Sewer Expense: $1,000

Parking Features: Gravel

Building Details

Owner Occupied: No

Finished SqFt Total: 2,148

Finished Above Grade: 2,148

Fireplace: No

Construction Materials: Stucco, Wood Siding

AccessibilityFeatures: None

Roof: Age 8 Years or Less

Heating: Boiler

Style: Quadruplex

Foundation Area: 840

Sewer: City Sewer/Connected

Water Source: City Water - In Street

Present Use: Yearly

Lot Details

Complex/Dev/Sub Name: Higman Ridgway & Cos Add

Lot Dimensions: 45x76

School Information

District: Minneapolis

District Number: 1

District Phone: 612-668-0000

Community Information

County: Hennepin

Survey Range: 24

Survey Section: 03

Survey Township: 28

Taxes

Tax Year: 2025

Tax Amount: $3,465

Assessment Pending: Unknown

Taxes w/Assessments: $3,766

This listing was last updated by BRIX Real Estate on 11/25/2025 at 9:21 am.

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 12/5/2025 2:45 am.

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. Real estate listings held by brokerage firms other than Castle Realty of Twin Cities are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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