1107 57th Avenue N, Minneapolis, MN 55430

Local realty services provided by:Better Homes and Gardens Real Estate Advantage One
1107 57th Avenue N,Minneapolis, MN 55430
$629,950
  • 8 Beds
  • 4 Baths
  • 3,400 sq. ft.
  • Multi-family
  • Active
Listed by: ishmael s israel
Office: national realty guild
MLS#:6807486
Source:ND_FMAAR

Price summary

  • Price:$629,950
  • Price per sq. ft.:$185.28

About this home

8 hr notice to show. This property offers an excellent opportunity for a new or growing investor to step into a cash-flowing asset. -Three units occupied w/market-rate tenants and a lease is pending on the fourth. Two units have been updated. -4 furnaces-CenterPoint Energy has quoted approx. $2,500 to separate gas meters, allowing future heat costs to be shifted to tenants, further increasing net income. -E-Z access to I-94, Hwy 100, and I-694, and public transit routes-high rental demand area. Street has an expanded pedestrian path leading to a regional park and the Mississippi River — approx. a 15-minute walk. -Coin-op laundry on third-party contract —new owner can take over machines and capture 100% of income. -Detached garage provides another revenue opportunity if rented separately. Property has been professionally managed and would be suitable for either passive ownership or self-management. **Listing agent holds an ownership interest in the property.

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Home facts

  • Year built:1963
  • Listing ID #:6807486
  • Added:81 day(s) ago
  • Updated:January 13, 2026 at 04:32 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Living area:3,400 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1963
  • Building area:3,400 sq. ft.
  • Lot area:0.32 Acres

Utilities

  • Water:City Water - In Street, City Water/Connected
  • Sewer:City Sewer - In Street

Finances and disclosures

  • Price:$629,950
  • Price per sq. ft.:$185.28
  • Tax amount:$10,389

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