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Investment Highlights

  • 8 total units across two adjacent fourplexes
  • Approximately 1,800–1,900 SF per unit
  • Open-concept floor plans
  • All units are oversized 5-bedroom, 3-bathroom layouts
  • Modern construction with quality finishes
  • In-unit washer and dryer

Executive Summary

Kiser Group is pleased to present 1623–1629 Marshall Street NE, a rare opportunity to acquire two side-by-side fourplexes (8 units total) in the heart of Northeast Minneapolis. Built with today's renters in mind, every unit offers an exceptionally spacious 5-bedroom, 3-bathroom floor plan—an increasingly scarce product type that consistently attracts strong tenant demand from large households, roommates, and professionals seeking flexible living arrangements. The properties feature modern construction, open-concept layouts, high-end finishes, in-unit laundry, central air conditioning, stainless steel appliances, hardwood flooring, abundant natural light, and private outdoor space. The buildings were developed as modern multifamily assets with high-quality finishes and large floor plans of approximately 1,800–1,900 square feet per unit.
Located in the desirable Sheridan neighborhood of Northeast Minneapolis, the property benefits from immediate access to downtown Minneapolis, the University of Minnesota, major employers, restaurants, breweries, and the Mississippi River corridor. Residents enjoy a highly walkable neighborhood with convenient access to public transportation, bike trails, and the vibrant Northeast arts and entertainment district.
This offering presents investors with the opportunity to acquire a modern, low-maintenance asset featuring a highly differentiated unit mix that is difficult to replicate in today's development environment. The combination of oversized floor plans, contemporary finishes, and a premier Northeast Minneapolis location creates a compelling long-term investment with durable rental demand and attractive cash flow potential.
This is an exceptional opportunity for investors seeking a turnkey multifamily asset with modern amenities, minimal deferred maintenance, and a unit configuration that stands out in the Twin Cities rental market.
1705 2nd St NE is a Spacious 4-bedroom layouts which are rare unit mixes anywhere in Minneapolis, new build with high end appliance finishes and top of the line construction, premium uptown location close to the lakes in a vibrant resurging area, premium finishes allowing for commanding rents and lighter maintenance burdens versus other buildings in the area, strong rental demand due to location and unit finishes make it a very desirable area to be in with history of 100% occupancy and very short lease up terms.

Property Facts

Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 3,200 SF
Total Land Area 0.11 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1705 2nd St NE, Minneapolis, MN 55413 Multifamily 3,200 SF 2019 -
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  • Listing ID: 41466716

  • Date on Market: 7/28/2026

  • Last Updated:

  • Address: 1623-1629 Marshall St NE & 1705 2nd St N, Minneapolis, MN

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