Apple Valley, MN - 7662 142nd St W - 4 UNITS - $679,900

Unique opportunity to invest into this rare 4-plex in a premier Apple Valley suburban location. Fully occupied and stable with large two bedroom units. Units 7662 and 7666 are both two bedroom, one bath, with approximately 840 sqft. Units 7664 and 7668 are both two bedroom, one and 3/4 bath, with roughly 920 sqft. Each apartment either has a patio or a balcony. Garages are attached and each unit comes with a single car garage with the exception of one unit that has a 2-car garage. Built in 1986 with slab on grade construction and a pitched roof. Every unit has its own separate forced air furnace and central air conditioning. All the utilities are separate as well and residents pay for their own gas, electric, and water bills. The owner just pays for real estate taxes, hazard insurance, common electric, exterior water spigots, and rubbish. The kitchens are large with built-in office nooks and include dishwashers. The secured main entrance is an attractive vaulted two story with skylights and adds to the appeal. Washers and Dryers are in the unit and owned. The current owner has replaced two air conditioning units, a furnace, and all the water heaters. This truly is a one of a kind and could be converted into condominiums. The property is surrounded by mostly owner-occupied single family homes, townhomes, or condos and is very close to the Apple Valley Transit Station, Minnesota Zoo, Mall of America, and the Minneapolis International Airport.

Shakopee, MN - 1409 E Shakopee Ave - 10 UNITS - 1,549,000

1409 E Shakopee Ave is a rare opportunity to acquire a stable 10-unit apartment complex in the highly sought after city of Shakopee, MN. The unit mix is nine two-bedroom, one-bath and a unique three-bedroom, one-bath apartment. Long-term owners have kept this asset in perfect condition, with a historically low vacancy rate, and a zero accounts receivable record. The exterior features a classical well tuckpointed Chicago brick look with vinyl replacement windows new in 2016. Apartments are above average square feet compared to the market and have corridor kitchens, eat-in-dining areas, and spacious living rooms with large picture windows. Residents enjoy plenty of extra closet space within the units plus lower level additional storage lockers. Amenities to point out are the newer coin operated washers and dryers, secured keyless entrances for safety, super over-sized parking lot for residents and guests, and close to downtown main street Shakopee with many newer business’s and shoppes. Fully occupied with below market rents that can be raised organically over time in a non rent-controlled community. Newer hot water boiler (2022) and hot water heater (2023) are a bonus for a new owner!! Tours are to be set up through the listing broker Monday - Friday.

Minneapolis, MN - 5740 Sander Dr - 11 UNITS - $999,000

5740 SANDER DRIVE WAS WELL BUILT IN 1964 ON A LARGE 0.28 ACRE LOT IN SOUTH MINNEAPOLIS, MN. THE ALL BRICK EXTERIOR DESIGN FEATURES TEN ONE-BEDROOM APARTMENTS AND ONE TWO-BEDROOM. ALL OF THE UNITS HAVE A FULL BATHROOM, LARGE LIVING ROOM, GOOD SIZE EAT-IN-KITCHEN, AND LOTS OF CLOSET SPACE. THE LIVING ROOMS HAVE OVERSIZE PICTURE WINDOWS THAT ALLOW A TON OF NATURAL LIGHT INTO THE SPACE. ALL THE WINDOWS HAVE BEEN REPLACED RECENTLY. THE RESIDENTS ENJOY ONSITE LAUNDRY, OFF-STREET PARKING, AND BEING CLOSE TO TRANSPORTATION, THE MALL OF AMERICA, THE MPLS. AIRPORT, AND PLENTY OF EMPLOYMENT AND JOBS. THE CURRENT RENTS ARE BELOW MARKET AND OFFER A NEW OWNER THE OPPORTUNITY TO INCREASE CASH FLOW ON LEASE RENEWALS BY RAISING RENTS. AMAZING OPPORTUNITY! CALL FOR MORE DETAILS!

Minneapolis, MN - 2724 Garfield Ave - DUPLEX - $539,900

Perfect for an owner occupant or an investment property. Spacious 3 bedroom, 1 bath units with old world charm and open spaces, high ceilings, hardwood floors, original woodwork, built-ins, natural light, leaded and stained glass, front porches, and pantry off of the kitchen. Brand new pitched roof with complete tear-off in October 2024, facia, soffits, and field welded copper drip edge. Two newer hot water boilers replaced in 2022, one for each unit. Separate utilities, 2 car garage + 2 parking spaces in the back. Each unit enjoys a 8' x 27' front porch to take in the city life! Lower level includes a washer and dryer for the main floor unit plus plenty of room for storage. Close to so many great restaurants and shops on Eat Street, Hennepin, and Lyndale Avenue. Many grocery options are nearby; The Wedge Co-op, Aldi's & Kowalski's. The World-renowned MIA and Children's Theater are neighborhood delights! Close to the greenway bike/walking trail, minutes to downtown/Lake of the Isles and 2 blocks from public transportation. 20 min to MSP Airport. This duplex has been well maintained and was owner occupied for many years; you do not want to miss it! Bring your ideas for the unfinished third floor attic space with enough ceiling height and open floor plan to get another apartment added! Hurry, this one will not last long!!

Blooming Prairie, MN - 219 2nd St NE - 7 UNITS - $385,000

Blooming Prairie is located in the middle of Owatonna, Austin, and Rochester, MN. This traditionally built 7-unit multi-family apartment complex offers a mix of one and two bedroom units. Constructed in 1967 these apartments are spacious and have eat-in-kitchens, newer windows, and front and back secured entries. Plenty of closets and extra storage in the basement. The roof is being replaced this summer due to hail damage and will be completed before closing. Coin-operated washer and dryer located in the lower level for residents to use. There are five off-street parking spaces in the back lot and the property sits on 0.23 acres. Exterior siding is in great shape and the lawn is well manicured. This asset is very easy to own and manage with 7.5% Cap Rate!

Saint Paul, MN - 1709 Shields Ave - 8 UNITS - $1,250,000

1709 Shields Avenue is just blocks away from the Minnesota United soccer stadium and is in a very desirable and walkable Merriam Park neighborhood of Saint Paul, MN. Solidly built in 1927, this all brick exterior three story building just underwent a complete renovation in 2024-2025! The main and upper floors feature eight apartments that all received new bathrooms and new kitchens with stainless-steel appliance packages including microwaves! The original oak hardwood flooring in the kitchens, dining areas and bedrooms were refinished and walls freshly painted. Common area hallways were cleaned up with new paint and carpet. New tenants have just recently moved in on four of the eight units and the other four are currently being marketed for late spring and summer move-ins. These are the first tenants moving in since the renovation was completed. The lower level offers residents a laundry room with newer machines. All the electrical panels were replaced last year in 2024 with new 100 amp panels, 240 volt range wires to each of the units, and a new electrical service run to the building. Some units still have original closet and bedroom doors and built in closets. The real opportunity for a new buyer is that the lower level has two units that could be put back into service with very minimal work. Each of these two units have separate electric panels and a new 240 volt wire run for the stoves. A new buyer could make each of these into 2-bedroom, 1-bath apartments or into offices, storage units, or use the spaces for themselves. Back when The Fairview Hospital owned this building they used these as classrooms in the basement and the apartments were for traveling nurses. The parking lot has plenty of off-street parking to the east of the building with 16 parking spaces plus one handicap spot. This asset is truly unique and one of a kind and can’t be compared to other similar sized apartment buildings in the city! All showings through the listing agent.

Saint Paul, MN - 52 & 58 Douglas St - 8 UNITS - $895,000

DOUGLAS STREET FLATS IS A UNIQUE ONE PARCEL TWO BUILDING 8-UNIT INVESTMENT OPPORTUNITY VERY CLOSE TO DOWNTOWN SAINT PAUL, THE MALL OF AMERICA, AND THE MPLS/ST.PAUL INTERNATIONAL AIRPORT. THIS PROPERTY HAS BEEN VERY WELL MANAGED AND CARED FOR OVER THE YEARS. METICULOUSLY CLEAN AND WELL MAINTAINED! ORIGINALLY BUILT AND CONSTRUCTED IN 1890. RESIDENTS ENJOY HOW SPACIOUS THEIR UNITS ARE WITH OVER 800 SQUARE FEET AND HOW THEY FEEL LIKE INDIVIDUAL CONDOS WITH WINDOWS FACING THREE DIRECTIONS. EACH APARTMENT FEATURES A STACKABLE WASHER AND DRYER UNIT, HARDWOOD FLOORS, AND IS A CORNER UNIT. THE LOWER LEVELS HAVE SUPER LARGE STORAGE LOCKERS FOR RESIDENTS. CURRENTLY ALL THE UNITS ARE RENTED AND EACH TENANT PAYS FOR THEIR OWN SEPARATE ELECTRIC WHICH COVERS THE ELECTRIC BASEBOARD HEAT. OWNER PAYS FOR WATER, TRASH, AND GAS FOR WATER HEATERS. A NEW OWNER CAN RAISE RENTS ON LEASE RENEWALS TO CAPTURE A HIGHER RETURN ON THEIR INVESTMENT!