$2,300,000
814 6th Street SE Minneapolis, MN 55414
For Sale MLS# 6826518
9,981 sq ft Commercial
Details for 814 6th Street SE
MLS# 6826518
Description for 814 6th Street SE, Minneapolis, MN, 55414
Investment opportunity. Six units, two buildings, all new with 5BRs, 2BA and Laundry in each unit. Highly marketable modern interior finishes Strong rental appeal in the Marcy-Holmes / University district. 814 & 816 6th Street SE: Common Lot Development. Both 814 and 816 6th Street SE exist on a single parcel under one PID and were developed as a Common Lot Development in the Marcy-Holmes neighborhood. Together, 814 & 816 6th Street SE form a unified six-unit multifamily asset on a single PID, built and renovated to modern 2020s standards. Between the two structures, nearly every system structural, mechanical, electrical, plumbing, exterior envelope, and interior finishes is new, code-compliant, and designed for long-term durability and ease of maintenance. The site now includes: One fully renovated, expanded triplex (814) and One slab-on-grade new construction triplex (816). A total of six modern, code-compliant residential units were created on the shared lot. Both properties were built to current building, mechanical, electrical, plumbing, zoning, and life-safety standards, including separate utility services, fire systems, and modern energy-efficient components. 814 6th Street SE – Full Gut Renovation & Triplex Conversion: 814 began as an older duplex and was transformed into a three-level triplex through a complete gut renovation and addition. Other than the foundation and the first- and second-floor exterior walls, the structure is essentially new construction. Full interior demolition and rebuild. Added a third story to convert the duplex into a triplex. Constructed a three-story treated-wood rear deck. * 816 6th Street SE – New Construction Slab-on-Grade Triplex (In final phase of completion). 816 was built as a brand-new slab-on-grade triplex, designed to complement 814 while offering fully modern construction and finishes. While layouts differ, the systems and interior standards match 814 to maintain continuity across the parcel. *Structural & Exterior:Ground-up slab-on-grade new construction. LP SmartSide exterior siding. New exterior paint. Pre-finished soffit & fascia. Architectural asphalt shingle roof. Batt + poly insulation package. Single-hung Vector windows, matching 814. Interior staircase access to each unit. *Mechanical, Electrical & Plumbing: New water and new sewer service runs. Three separate electrical services/meters (one per unit). Three independent forced-air heating and cooling systems (Magic-Pak) Three 40-gallon electric water heaters. All electric appliances (ranges, dryers, etc.), consistent with 814. New plumbing system throughout.* Interior Construction & Finishes: LVP flooring throughout. Kitchens and bathrooms identical in finish level to 814, including: Legacy soft-close cabinetry. Quartz countertops. Tile backsplash. Stainless steel appliances. Tile shower surrounds. New trim, interior doors, and full interior paint/enamel. Stackable washer/dryer hookups in each unit. *Both buildings offer: Separate utilities, Updated life-safety systems, Uniform design language and material quality, Low-maintenance exterior finishes.
Listing Information
Property Type: Commercial, Apartments/Multi Family
Status: Active
Bedrooms: 30
Bathrooms: 12
Lot Size: 0.23 Acres
Square Feet: 9,981 sq ft
Year Built: 1925
Foundation: 2,024 sq ft
Stories: Three Or More
Construction Display: New Construction
Subdivision: Mill Cos Add To St Anthony Falls
Number Of Units Total: 6
Current Use: Residential
County: Hennepin
Days On Market: 19
Construction Status: Completed New Construction
School Information
District: Minneapolis
Interior Features
Basement: Crawl Space
Additional Interior Features: Kitchen Center Island, Indoor Sprinklers
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Separate,Heating Separate
Cooling: Central, Zoned
Heating: Natural Gas, Forced Air
Exterior / Lot Features
Open Parking: 2
Parking Description: Other
Exterior: Vinyl, Cement Board
Roof: Age 8 Years or Less, Asphalt Shingles
Lot Dimensions: 66x165x51
Zoning: Residential-Multi-Family
Additional Exterior/Lot Features: Land Inclusions - Building,Land,Leases, Road Frontage - City
Unit Information
Unit 1 Actual Rent: 3250
Unit 1 Baths Total: 2
Unit 1 Beds Total: 5
Unit 1 Rooms Total: 9
Unit 2 Baths Total: 2
Unit 2 Beds Total: 5
Unit 2 Rooms Total: 9
Unit 3 Baths Total: 2
Unit 3 Beds Total: 5
Unit 3 Rooms Total: 9
Unit 4 Baths Total: 2
Unit 4 Beds Total: 5
Unit 4 Rooms Total: 9
Unit 5 Baths Total: 2
Unit 5 Beds Total: 5
Unit 5 Rooms Total: 9
Unit 6 Baths Total: 2
Unit 6 Beds Total: 5
Unit 6 Rooms Total: 9
Driving Directions
4th St to 8th Ave, turn on 5th St SE on one way to property
Financial Considerations
Tenant Pays: Electric,Gas,Heat
Owner Pays: Grounds Care,Insurance,Maintenance/Repair,Taxes,Trash,Water
Gross Income: 234000
Expense: 44620
Tax/Property ID: 2402924230034
Tax Amount: 7496
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Morgan And Trust Realty
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 814 6th Street SE
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 814 6th Street SE
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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