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1425 Lasalle Ave
Minneapolis, MN 55403
Soleil Apartments · Multifamily Property For Sale
·
42 Units
Investment Highlights
- Close proximity to iconic attractions such as the Minneapolis Sculpture Garden and the Walker Art Center
- Situated just two blocks from the scenic green spaces of Loring Park
- Twelve off-street parking spaces for residents
- Seller is open to a contract for deed
- Recent upgrades include a new boiler installed in December 2023 and new windows replaced in 2020
- One retail space leased to a long term tenant provides steady income. Tenant since 2017 with expiration in 202
Property Facts
| No. Units | 42 | Lot Size | 0.21 AC |
| Property Type | Multifamily | Building Size | 24,745 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1914 |
| Building Class | C | Parking Ratio | 2.02/1,000 SF |
| Zoning | OR3, A - Apartment | ||
| No. Units | 42 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 24,745 SF |
| No. Stories | 5 |
| Year Built | 1914 |
| Parking Ratio | 2.02/1,000 SF |
| Zoning | OR3, A - Apartment |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 27 | $787.00 | 395 |
| 1+1 | 14 | $969.00 | 475 |
Property Taxes
| Parcel Number | 27-029-24-31-0062 | Improvements Assessment | $2,566,200 |
| Land Assessment | $683,800 | Total Assessment | $3,250,000 |
Property Taxes
Parcel Number
27-029-24-31-0062
Land Assessment
$683,800
Improvements Assessment
$2,566,200
Total Assessment
$3,250,000
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