NOT LISTED FOR SALE

7516 69th Ave N Minneapolis, MN 55428

8 Beds
4 Baths
3,072 Sq Ft
1965 Built

Last Sold April 25, 2023

Last sale price $535,000 $174 Per Sq Ft

7 Days on Market

About This Home

As of April 2023

Fantastic fourplex property located in a dead-end street, quite neighborhood! This is a rare opportunity to acquire a fully occupied property that generates consistent rental income. The property features 4 spacious units, each with its own unique character and charm.

One of the highlights of this property is the coin-operated laundry facility, which provides added convenience for tenants and generates additional income for the owner. The property is well-maintained and has been thoughtfully designed to provide a comfortable living experience for tenants.

This fourplex is being sold as a package deal with 7601 69th Ave N, providing even more value to the buyer. Please note that the properties are being sold as-is, and interested parties are encouraged to reach out to the listing agent for financial details and other important information. All info deemed reliable, but not guaranteed, buyer/agent to verify.

Last Agent to Sell the Property

Rustam Rustami

AR Realty Group Inc. Listed on: 03/31/2023

Last Buyer's Agent

Neal Lawson

Meta Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,645

Year Built

  • Built in 1965

Parking

  • 4 Car Garage
  • Shared Driveway

Home Design

  • Quadruplex
  • Bi-Level Home
  • Vinyl Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Baseboard Heating

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 2911921330012

Community Details

Overview

  • 4 Units
  • Cast Mohr Add Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,645

Year Built

Built in 1965

Lot Details

0

Parking

4

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Garage Spaces: 4
  • Accessibility Features: None
  • Water Source: City Water - In Street
  • Association Amenities: Coin-op Laundry Owned
  • Year Built: 1965
  • Above Grade Finished Sq Ft: 1536
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Living Area: 3072
  • Below Grade Finished Sq Ft: 1536
  • Owner Pays: Water
  • Basement YN: No
  • Appliances: Range
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 8

Garage/Parking

  • Parking Features: Detached, Shared Driveway

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer - In Street
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Number of Ranges: Four

Schools

  • Junior High Dist: Osseo
  • SchoolDistrictPhone: 763-391-7000

Lot Info

  • Lot Size: S103X139X105X129
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco, Vinyl Siding
  • Units Total: 4

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2911921330012
  • Tax Annual Amount: 7645
  • TaxWithAssessments: 7644.8800

Multi Family

  • Number Of Refrigerators: Four

Range of Values:

Collateral Analytics

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ICE

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2023 04/25/23 Sold $535,000 -10.8% $174 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $599,900 -- $195 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Rustam Rustami

    Seller's Agent in 2023

    Rustam Rustami

    AR Realty Group Inc.

    (651) 212-8866

    23 Total Sales

    Rustam Rustami
    Section Image
  • Neal Lawson

    Buyer's Agent in 2023

    Neal Lawson

    Meta Realty

    (612) 418-5892

    66 Total Sales

    Neal Lawson
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6349322

NorthstarMLS
Minnesota Hennepin County Minneapolis 55428

7516 69th Ave N, Minneapolis, MN

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