About 707 Se 5th Street Se
707-709 5th Street Southeast in Minneapolis, MN is a well-maintained vintage 13-unit apartment property located in the heart of the Marcy Holmes neighborhood of Minneapolis. The building consists of nine 1-bedroom units and four studio units. Strong rental history with an opportunity to increase rents. Property has a 6-stall garage for added income. Currently only charging $45 per month. On-site laundry currently is not being charged. Storage units are in the basement and are currently included in the rent. Two more potential income sources. Marcy-Holmes is well known for its commercial districts, St. Anthony Main and Dinkytown, and its immediate proximity to the East Bank of the University of Minnesota-Twin Cities campus. Property is home to U of MN students and working-class individuals. Over 80% of the neighborhood is renters. Property Manager lives on site.
Features of 707 Se 5th Street Se
| MLS® # | 6735952 |
|---|---|
| Price | $1,196,000 |
| Acres | 0.25 |
| Year Built | 1924 |
| Type | Commercial Sale |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 707 Se 5th Street Se |
|---|---|
| Area | Marcy Holmes |
| Subdivision | Mill Cos Add To St Anthony Falls |
| City | Minneapolis |
| County | Hennepin |
| State | MN |
| Zip Code | 55414 |
Amenities
| Amenities | None |
|---|---|
| Utilities | Electric Separate, Heating Common, Hot Water Common |
| Parking | Parking Lot |
| # of Garages | 6 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Range, Refrigerator |
|---|---|
| Heating | Boiler |
| Cooling | Window Unit(s) |
| Fireplace | No |
Exterior
| Lot Description | Many Trees |
|---|---|
| Roof | Age Over 8 Years, Rubber |
| Construction | Brick/Stone |
School Information
| District | Minneapolis |
|---|
Additional Information
| Days on Market | 143 |
|---|---|
| Zoning | Residential-Multi-Family |
| Foreclosure | No |
| Short Sale | No |
| Taxes | $21,702 |
| Tax Year | 2025 |
Listing Details
| Office | Metro Group Real Estate |
|---|
Listing Map
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