3rd Street Portfolio 2 Multifamily Properties in Columbia Heights, MN

Michel Commercial is pleased to present the 3rd Street Portfolio, a 22-home community across two properties, located in Columbia Heights, a well-established first-ring suburb just minutes form Northeast Minneapolis. 3rd Street Portfolio is a well-kept, community situated in a quiet residential area. The properties feature mostly two- and a few three-bedroom homes with functional layouts and off-street parking.
LOCATION & CONNECTIVITY
4233 and 4242 is located in a primarily residential area of Columbia Heights near the Minneapolis border, offering convenient access to everyday amenities. Nearby shopping includes Central Valu Center and Columbia Square, with additional retail and dining along Central Avenue. Residents enjoy proximity to parks such as Hi-View Park, Columbia Park, and North Mississippi Regional Park, as well as nearby schools including Columbia Academy and Columbia Heights Senior High School. The property also benefits from quick access to major roadways including Interstate 694 and Highway 65, providing easy connectivity to downtown Minneapolis and the greater Twin Cities.
INVESTMENT POTENTIAL
3rd Street Portfolio offers a compelling investment opportunity backed by strong occupancy and stable inplace cash flow. With durable neighborhood appeal the property is well positioned as a stable, income-producing asset with long-term upside.