1107 57th Avenue N, Minneapolis, MN 55430

Minneapolis
Local realty services provided by:Better Homes and Gardens Real Estate First Choice
1107 57th Avenue N,Brooklyn Center, MN 55430
$599,900
  • 8 Beds
  • 4 Baths
  • 3,400 sq. ft.
  • Multi-family
  • Active
Listed by: ishmael israel
Office: national realty guild
MLS#:7032582
Source:NSMLS

Price summary

  • Price:$599,900
  • Price per sq. ft.:$176.44

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 #:7032582
  • Added:1 day(s) ago
  • Updated:March 07, 2026 at 03:03 AM

Rooms and interior

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

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Age Over 8 Years, Asphalt
  • Year built:1963
  • Building area:3,400 sq. ft.
  • Lot area:0.32 Acres
  • Lot Features:Level, Public Transit (w/in 6 blks), Tree Coverage - Medium
  • Construction Materials:Block
  • Exterior Features:Patio
  • Levels:Bi/Split Level

Utilities

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

Finances and disclosures

  • Price:$599,900
  • Price per sq. ft.:$176.44
  • Tax amount:$10,389 (2025)

Features and amenities

  • Laundry features:Coin-op Laundry Leased
  • Amenities:Security Lighting
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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