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924 21st Ave S 6 Unit Apartment Building $979,278 CAD ($163,213 CAD/Unit) 8.53% Cap Rate Minneapolis, MN 55404
Executive Summary
6 Unit Town-home Style Building minutes from Downtown Minneapolis! 4 units are two levels with balconies. Good Layouts. Off Street Parking. Public transportation is within walking distance to the building and located right south of 94W. The building is located near Augsburg, University of Minnesota, and numerous restaurants and sites ie: A Bar of Their Own, Pizza Luce and Cedar Cultural Center.
Property Facts
| Price | $979,278 CAD | Building Class | C |
| Price Per Unit | $163,213 CAD | Lot Size | 0.22 AC |
| Sale Type | Investment | Building Size | 4,800 SF |
| Cap Rate | 8.53% | No. Stories | 2 |
| No. Units | 6 | Year Built | 1972 |
| Property Type | Multifamily | Parking Ratio | 2.08/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Townhome | ||
| Zoning | R-6, Minneapolis | ||
| Price | $979,278 CAD |
| Price Per Unit | $163,213 CAD |
| Sale Type | Investment |
| Cap Rate | 8.53% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 4,800 SF |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 2.08/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-6, Minneapolis |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
Site Amenities
- Controlled Access
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
1 1
Walk Score®
Very Walkable (88)
Bike Score®
Biker's Paradise (99)
Property Taxes
| Parcel Number | 25-029-24-33-0090 | Improvements Assessment | $683,972 CAD |
| Land Assessment | $176,447 CAD | Total Assessment | $860,419 CAD |
Property Taxes
Parcel Number
25-029-24-33-0090
Land Assessment
$176,447 CAD
Improvements Assessment
$683,972 CAD
Total Assessment
$860,419 CAD
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924 21st Ave S
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