1844 Central Avenue NE, Minneapolis, MN 55418
Wilsons Rgt Blks East Side Add · Hennepin County
Key Facts
Description
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.
Property Information
Property Type
Commercial Sale
Year Built
1897
Lot Size
0.52 acres
Lot Dimensions
128x175
Garage Spaces
6
Zoning
Business/Commercial, Resi
MLS® Listing#
7046184
Property Features
Heating
Lot Features
Foundation
Sewer
Water Source
Financial Details
Annual Taxes
$26,204
Parcel Number
1102924440196
Directions
Includes 1842-1852 Central Avenue NE
Affordability Calculator
$770,000
Estimated monthly payment
$20,491/mo
Principal $3,080,000 · Est. interest $4,296,874 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Minneapolis, MN
- $342,805
- Median Listing Price
- 97
- Median Days on Market
- 1,584
- Median Sq Ft
- $213
- Median Price / Sq Ft
- 3,111
- Active Listings
- This home’s price is 1023% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Minneapolis, MN.
Location
Points of Interest in Minneapolis, MN
Showing the Minneapolis area map.
Nearby Schools
Edison High School
Secondary · 0.2 mi away
Ignite Afterschool
School · 0.3 mi away
Yinghua Academy
School · 0.4 mi away
Elim Preschool
School · 0.5 mi away
Fraser Academy
School · 0.6 mi away
New City School
Elementary · 0.6 mi away
Pillsbury Elementary School
Elementary · 0.7 mi away
St. John Paul II Catholic School
Secondary · 0.7 mi away
Las Estrellas Dual Language School
Elementary · 0.9 mi away
New Visions Charter School
School · 0.9 mi away
MTS Elementary School
Elementary · 0.9 mi away
Heartwood Montessori
Elementary · 1.0 mi away
Exploration High School
Secondary · 1.0 mi away
Webster Elementary
Elementary · 1.0 mi away
Northeast Middle School
Secondary · 1.2 mi away
Spero Academy
School · 1.2 mi away
Voa High School
Secondary · 1.3 mi away
St Charles Borromeo School
School · 1.3 mi away
Marcy Open Elementary
Elementary · 1.4 mi away
Step by Step Montessori Schools
Elementary · 1.5 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2204 W Lake Of The Isles Parkway, Minneapolis, MN | $2,695,000 | 6 | 7 | 7,401 |
| 6908 Paiute Circle, Minneapolis, MN | $2,700,000 | 5 | 5 | 4,524 |
| 4001 Mavelle Drive, Minneapolis, MN | $2,750,000 | — | — | — |
| 1111 W River Parkway 26B, Minneapolis, MN | $2,750,000 | 3 | 3 | 2,623 |
| 1111 W River Parkway 26B, Minneapolis, MN | $2,750,000 | 3 | 3 | 2,623 |
| 1111 W River Parkway 24A, Minneapolis, MN | $2,795,000 | 2 | 3 | 2,674 |
Moving Cost Estimate
EXIT Agents in Minneapolis
Listing Courtesy: RE/MAX Results - 7635916000
Presented by: Scott Swennes