1107 57th Ave N Minneapolis, MN 55430
Bellvue NeighborhoodEstimated payment $4,291/month
Highlights
- Rear Porch
- Forced Air Heating System
- Partially Fenced Property
- Patio
- Coin Laundry
- Many Trees
About This Home
24 hr notice to show. Well-maintained property offers an excellent opportunity for a new or growing investor to step into a cash-flowing asset. -Three units occupied w/market-rate tenants and a lease is pending on the fourth. Two units have been updated. -4 furnaces-CenterPoint Energy has quoted approx. $2,500 to separate gas meters, allowing future heat costs to be shifted to tenants, further increasing net income. -E-Z access to I-94, Hwy 100, and I-694, and public transit routes-high rental demand area. Street has an expanded pedestrian path leading to a regional park and the Mississippi River — approx. a 15-minute walk. -Coin-op laundry on inactive third-party contract —new owner can take over machines and capture 100% of income. -Detached garage provides another revenue opportunity if rented separately. Property has been professionally managed and would be suitable for either passive ownership or self-management. **Listing agent holds an ownership interest in the property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,389
Year Built
- Built in 1963
Lot Details
- Lot Dimensions are 102x136
- Partially Fenced Property
- Chain Link Fence
- Many Trees
Parking
- 4 Car Garage
- Garage Door Opener
- Parking Lot
Home Design
- Quadruplex
- Bi-Level Home
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Outdoor Features
- Patio
- Rear Porch
Utilities
- Forced Air Heating System
- 100 Amp Service
- Cable TV Available
Community Details
- 4 Units
- Coin Laundry
Listing and Financial Details
- The owner pays for gas, repairs, sewer, snow removal, taxes, trash collection
- Assessor Parcel Number 0111821320018
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/21/2025 10/21/25 | For Sale | $649,900 | -- | $191 / Sq Ft |
Source: NorthstarMLS
MLS Number: 6807486
- 5715 Emerson Ave N
- 5601 Colfax Ave N
- 5637 Bryant Ave N
- 5527 Fremont Ave N
- 5513 Bryant Ave N
- 5524 Humboldt Ave N
- 5560 Camden Ave N
- 5344 Girard Ave N
- 6000 Girard Ave N
- 5607 Lyndale Ave N
- 5447 N 4th St
- 5819 Knox Ave N
- 5238 Fremont Ave N
- 2017 Brookview Dr
- 5533 Morgan Ave N
- 5246 Aldrich Ave N
- 6518 W River Rd
- 5113 Dupont Ave N
- 5113 Bryant Ave N
- 2212 55th Ave N
- 5606 Bryant Ave N
- 6100 Summit Dr N
- 2113 55th Ave N
- 5211 N 4th St
- 5055 Emerson Ave N
- 2850 Northway Dr
- 6401-6401 Camden Ave N
- 6425 Willow Ln
- 700 66th Ave N
- 6511 Humboldt Ave N
- 5801 N Xerxes Ave
- 2606 65th Ave N
- 5750 E River Rd
- 4573 Main St NE Unit 4573
- 5475-5495 Main St NE
- 5025 3rd St NE
- 5290 3rd St NE
- 230 57th Ave NE
- 6910 Humboldt Ave N
- 3106 64th Ave N