$3,850,000
1844 Central Avenue NE Minneapolis, MN 55418
For Sale MLS# 7046184
Other
Details for 1844 Central Avenue NE
MLS# 7046184
Description for 1844 Central Avenue NE, Minneapolis, MN, 55418
Very unique opportunity to redevelop this property into large 100+ unit multi family building. 19 Unit Building. 12 Residential Units (8 - 1 Bedrooms, 4 - 2 bedrooms) - 6 Commercial Units - 1 Large warehouse unit. Located on a main busy road in NE Minneapolis close to downtown. 128 x 174 corner lot on High-Volume Arterial Road. Seller financing can be available.
Listing Information
Property Type: Commercial
Status: Active
Lot Size: 0.52 Acres
Square Feet: 29,434 sq ft
Year Built: 1897
Foundation: 12,166 sq ft
Garage: Yes
Subdivision: Wilsons Rgt Blks East Side Add
Number Of Units Total: 19
Current Use: Beauty/Barber Shop,Residential,Restaurant,Retail,Warehouse
County: Hennepin
Days On Market: 66
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Separate,Heating Separate
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Garage Spaces: 6
Open Parking: 26
Parking Description: Paved Lot, Detached Garage, Garage Sq Ft - 3000.
Exterior: Brick/Stone, Stucco
Lot Dimensions: 128x175
Zoning: Business/Commercial,Residential-Multi-Family
Additional Exterior/Lot Features: Corner Lot, Public Transit (w/in 6 blks), Land Inclusions - Building,Land,Leases,Rental License, Road Frontage - City
Driving Directions
Includes 1842-1852 Central Avenue NE
Financial Considerations
Tenant Pays: All Utilities
Owner Pays: Taxes
Gross Income: 297000
Tax/Property ID: 1102924440196
Tax Amount: 26204
Tax Year: 2026
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: RE/MAX Results
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 1844 Central Avenue NE
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1844 Central Avenue NE
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
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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