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Matt McLaren

matt@masterkeyhomes.com +1(763) 226-3367

$ 2,300,000

Est. payment | -/mo

30 Beds

12 Baths

10,131 Acres Lot

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$ 2,300,000

Est. payment | -/mo

Save Virtual Tour

30 Beds

12 Baths

10,131 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Mill Cos Add To St Anthony Falls

MLS Listing ID 6826518

Bedrooms 30

Year Built 1925

Annual Tax Amount $7,496

Tax Year 2025

Contingent None

Lot Size 10131.000 Acres

Lot Dimensions 66x165x51

Property Description

Investment opportunity. Six units, two buildings, all new with 5BRs, 2BA and Laundry in each unit. 814 is currently leased for $9250 month, one unit is rented for $3000 in 816 building with two units being advertised. Highly marketable modern interior finishes Strong rental appeal in the Marcy-Holmes / University district. 814 & 816 6th Street SE: Common Lot Development. Both 814 and 816 6th Street SE exist on a single parcel under one PID and were developed as a Common Lot Development in the Marcy-Holmes neighborhood. Together, 814 & 816 6th Street SE form a unified six-unit multifamily asset on a single PID, built and renovated to modern 2020s standards. Between the two structures, nearly every system structural, mechanical, electrical, plumbing, exterior envelope, and interior finishes is new, code-compliant, and designed for long-term durability and ease of maintenance. The site now includes: One fully renovated, expanded triplex (814) and One slab-on-grade new construction triplex (816). A total of six modern, code-compliant residential units were created on the shared lot. Both properties were built to current building, mechanical, electrical, plumbing, zoning, and life-safety standards, including separate utility services, fire systems, and modern energy-efficient components. 814 6th Street SE – Full Gut Renovation & Triplex Conversion: 814 began as an older duplex and was transformed into a three-level triplex through a complete gut renovation and addition. Other than the foundation and the first- and second-floor exterior walls, the structure is essentially new construction. Full interior demolition and rebuild. Added a third story to convert the duplex into a triplex. Constructed a three-story treated-wood rear deck. * 816 6th Street SE – New Construction Slab-on-Grade Triplex (In final phase of completion). 816 was built as a brand-new slab-on-grade triplex, designed to complement 814 while offering fully modern construction and finishes. While layouts differ, the systems and interior standards match 814 to maintain continuity across the parcel. *Structural & Exterior:Ground-up slab-on-grade new construction. LP SmartSide exterior siding. New exterior paint. Pre-finished soffit & fascia. Architectural asphalt shingle roof. Batt + poly insulation package. Single-hung Vector windows, matching 814. Interior staircase access to each unit. *Mechanical, Electrical & Plumbing: New water and new sewer service runs. Three separate electrical services/meters (one per unit). Three independent forced-air heating and cooling systems (Magic-Pak) Three 40-gallon electric water heaters. All electric appliances (ranges, dryers, etc.), consistent with 814. New plumbing system throughout.* Interior Construction & Finishes: LVP flooring throughout. Kitchens and bathrooms identical in finish level to 814, including: Legacy soft-close cabinetry. Quartz countertops. Tile backsplash. Stainless steel appliances. Tile shower surrounds. New trim, interior doors, and full interior paint/enamel. Stackable washer/dryer hookups in each unit. *Both buildings offer: Separate utilities, Updated life-safety systems, Uniform design language and material quality, Low-maintenance exterior finishes.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Crawl Space

Interior

Heating Forced Air

Cooling Central Air, Zoned

Inclusions Building, Land, Leases

Fireplace No

Exterior

Parking Features Other

Utilities Available Electric Separate, Heating Separate

Roof Type Age 8 Years or Less,Asphalt

Present Use Residential

Building

Story Three Or More

Foundation 2024

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Three Or More

New Construction true

Schools

School District Minneapolis

Others

Virtual Tour https://obeo.vr-360-tour.com/e/yg0BmxYBiTc/e

Listed by Martin Morgan • Morgan And Trust Realty

Nearby Locations

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Matt McLaren

Broker-Owner Lic# 40350356

matt@masterkeyhomes.com

+1(763) 226-3367

6575 141 Ave NW Suite #102, Ramsey, MN 55303, USA

814 6th ST SE Minneapolis, MN 55414

Matt McLaren

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

814 6th ST SE