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729 E 16th St
Minneapolis, MN 55404
Multifamily Property For Sale
·
12 Units
Investment Highlights
- Final Tour Date: Thursday, JAN 30th, 2025, 3:00 PM CST Offer Submission Deadline: Tuesday FEB 4th, 4:00 PM
- Updates include new cabinets, granite, countertops, flooring, appliances, and bathrooms
- Updated Electrical, plumbing, common areas
- All units have been updated over the past 15 years
- Short Sale opportunity
Property Facts
| No. Units | 12 | Lot Size | 0.20 AC |
| Property Type | Multifamily | Building Size | 7,952 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1962/2011 |
| Building Class | C | Parking Ratio | 1.51/1,000 SF |
| Zoning | R6 - BFC6 / Corridor 6 Built Form Overlay District DP / Downtown Parking Overlay District DT2 / Downtown Destination District | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 7,952 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1962/2011 |
| Parking Ratio | 1.51/1,000 SF |
| Zoning | R6 - BFC6 / Corridor 6 Built Form Overlay District DP / Downtown Parking Overlay District DT2 / Downtown Destination District |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 11 | $972.50 | 700 |
| Studios | 1 | $735.00 | 500 |
Property Taxes
| Parcel Number | 26-029-24-32-0041 | Improvements Assessment | $1,111,300 |
| Land Assessment | $221,700 | Total Assessment | $1,333,000 |
Property Taxes
Parcel Number
26-029-24-32-0041
Land Assessment
$221,700
Improvements Assessment
$1,111,300
Total Assessment
$1,333,000
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