214 4th St SE
$2,015,000
214 4th St SE, Minneapolis, MN 55414
For Sale
Multifamily
Active
Last Updated: 05/04/2025
0.29 acres
Lot Area
14
Units
Details:
Lot Area: 0.29 acres
Units: 14
Year Built: 1903
Zoning: Business/Commercial
Highlights:
- Lot Size Dimensions: Irregular
Description:
The Maple Oak Apartments, located at 214 4th St SE in Minneapolis' Marcy-Holmes submarket, is a 14-unit,2-star low-rise apartment complex constructed in 1903. This property offers an excellent investment opportunity, featuring a Gross Building Area (GBA) of 10,256 square feet and an average unit size of 684square feet. It comprises a mix of studio, one-bedroom, and two-bedroom units. The property reflects strong market fundamentals, supported by a modest 8% vacancy rate and competitive asking rents averaging$804 per unit or $1.18 per square foot.
Location
Gallery
