Minneapolis, MN 55412 2112 44th Avenue N
$1,000,000
18 more
Presented By: eXp Realty
SQFT • 9,384
Home Details
Excellent multifamily investment opportunity! This 12-unit apartment building offers strong upside potential through rent growth and strategic improvements. The property features solid units with functional floor plans, providing stable occupancy and consistent rental demand. Located near major transportation corridors, public transit, parks, and neighborhood amenities, this asset benefits from a convenient location for tenants and long-term demand for affordable housing. Ideal for investors seeking to expand their portfolio, implement value-add strategies, or secure a long-term hold in a growing rental market. Great opportunity for seasoned investors or 1031 exchange buyers. Schedule a showing to explore the income potential of this multifamily asset.
Presented By: eXp Realty
Interior Features for 2112 44th Avenue N
Other Interior Features
Basement (Y/N)Yes
FuelNatural Gas
Garage Dimensions
Garage Square Feet
General for 2112 44th Avenue N
AccessibilityNone
Additional Parcels Y/NNo
AppliancesRange, Refrigerator
Carport Spaces
CityMinneapolis
ContingencyNone
CoolingWindow Unit(s)
CountyHennepin
Current UseResidential
DirectionsHwy 100 to Brooklyn Blvd which turns into Osseo Rd, East on 44th Ave N, Building on Left.
Electric Expense1014
Fuel Expense7269
Garage Spaces
Gross Income134028
HeatingBoiler
High School DistrictMinneapolis
Land Lease Y/NNo
Lender OwnedNo
LevelsThree Or More
Lot Size UnitsAcres
Net Operating Income70530
New ConstructionNo
Number Of Units Total12
Operating Expense63498
OwnerPaysCommon Area Maintenance, Gas, Heat, Hot Water, Grounds Care, Snow Removal, Trash Collection, Water
PostalCityMinneapolis
Property TypeCommercial Sale
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameCamden Oaks Add
Tax Annual Amount15911
Tax Year2025
Tenant PaysElectricity
Trash Expense6593
UtilitiesElectric Separate, Heating Common, Hot Water Common
Year Built1969
Zoning DescriptionResidential-Multi-Family
Exterior for 2112 44th Avenue N
Building Area Total9384
Foundation Area3128
InclusionsBuilding, Leases
Lot Dimensions65x178
Lot Size Area0.27
Parking FeaturesParking Lot
Water SourceCity Water/Connected
Additional Details
Price History
John Wichmann
Agent