1701 Elm Street Southeast

Minneapolis, MN 55414

$6,900,900
Price
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Beds
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Sq. Ft.
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per Sq. Ft.

Description

All units have been taken care of meticulously with many updates and ongoing preventative maintenance. Each unit has hardwood flooring and ceramic tile or porcelain tile flooring, all apartments are located just a few blocks from the University of Minnesota near Dinkytown and the U of MN East Bank Campus and SE Como and Marcy Holmes neighborhoods. Located on Metro transit routes, close to shopping and events. This is an amazing opportunity to own your own block in the heart Minneapolis. Phase I completed...All units have been taken care of meticulously with many updates and ongoing preventative maintenance. Each unit has hardwood flooring and ceramic tile or porcelain tile flooring, all apartments are located just a few blocks from the University of Minnesota near Dinkytown and the U of MN East Bank Campus and SE Como and Marcy Holmes neighborhoods. Located on Metro transit routes, close to shopping and events. This is an amazing opportunity to own your own block in the heart Minneapolis. Phase I completed without any issues. Additional investment opportunities available.
  1. Listed by RE/MAX Professionals

Property Details for 1701 Elm Street Southeast

Neighborhood
Como
Subdivision Name
Mcmillans Sub Blks Rollins Add
Zoning Jurisdiction
Residential-Multi-Family

Location

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LISTING UPDATED: 03/14/2024 11:37 AM

Property Details for 1701 Elm Street Southeast

StatusActive
MLS #6470543
Days on Compass131
Taxes$111,959 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeApartment
MLS TypeCommercial Sale / Apartment
Year Built1987
Lot Size1.26 AC / 54,885 SF
CountyHennepin County

Location

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Building Information for 1701 Elm Street Southeast

Stories-Residences44Year Built1987Lot Size1.26 AC / 54,885 SF

Payment Calculator

$46,991 per month

30 year fixed, 7.25% Interest

Principal and Interest

$37,661

Property Taxes

$9,330

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1701 Elm Street Southeast

Summary
Location and General Information
  • City Name: Minneapolis
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: Kasota Ave/Energy Park Drive (CR32) to SE Elm, left, follow to property on right.
  • Latitude: 44.984546
  • Longitude: -93.228112
  • Map Coordinate: 107-A2
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Minneapolis
  • City and Location Text: Minneapolis(MN)
  • Postal Code: 55414
  • State Or Province: MN
  • Public Survey Township: 29
Taxes and HOA Information
  • Additional Parcels Description: 2402924140128
  • Additional Parcels: Yes
  • Parcel Number: 2402924140127
  • Tax Annual Amount: $111,959.00
  • Tax Legal Description: BLOCK 007 MCMILLANS SUBD BLKS ROLLINS ADD MPLS LOTS 6 THRU 9 INCL EXCEPT STREET BLOCK 007 MCMILLANS SUBD BLKS ROLLINS ADD MPLS LOTS 12 THUR 15 INCL
  • Tax Other Annual Assessment Amount: $1,988.55
  • Tax Year: 2023
  • Tax With Assessments: 113947.2400
School Information
  • High School District: 1 - Minneapolis
  • School District Number: 1
  • School District Phone: 612-668-0000
Property
Lot Information
  • Current Use: Residential
  • Lot Size Area: 1.26
  • Lot Size Dimensions: 172x167
  • Lot Size Units: Acres
  • Property Sub Type: Apartment
  • Property Type: Commercial Sale
  • Building Area Total: 28658.0
Property and Assessments
  • Age Of Property: 37
Utilities
  • Sewer: City Sewer/Connected
  • Utilities: Electric Separate, Heating Common, Hot Water Common
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 6748.0
  • Fuel: Natural Gas
Interior Features
  • Heating: Hot Water
  • Basement YN: No
Multi Family
Unit 1
  • Unit Type Beds Total: 2
  • Unit Is Leased: 1
  • Unit Number: 1
Unit 2
  • Unit Type Beds Total: 2
Unit 3
  • Unit Type Beds Total: 2
Unit 4
  • Unit Type Beds Total: 2
Unit 5
  • Unit Type Beds Total: 2
Unit 6
  • Unit Type Beds Total: 2
Unit 7
  • Unit Type Beds Total: 2
Unit 8
  • Unit Type Beds Total: 2
Unit 9
  • Unit Type Beds Total: 2
Unit 10
  • Unit Type Beds Total: 2
Unit 11
  • Unit Type Beds Total: 2
Unit 12
  • Unit Type Beds Total: 2
Unit 13
  • Unit Type Beds Total: 2
Unit 14
  • Unit Type Beds Total: 2
Unit 15
  • Unit Type Beds Total: 2
Unit 16
  • Unit Type Beds Total: 2
Unit 17
  • Unit Type Beds Total: 2
Unit 18
  • Unit Type Beds Total: 2
Unit 19
  • Unit Type Beds Total: 2
Unit 20
  • Unit Type Beds Total: 2
Unit 21
  • Unit Type Beds Total: 2
Unit 22
  • Unit Type Beds Total: 2
Unit 23
  • Unit Type Beds Total: 2
Unit 24
  • Unit Type Beds Total: 2
Unit 25
  • Unit Type Beds Total: 2

Property History for 1701 Elm Street Southeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1701 Elm Street Southeast

Taxable ValueLand$524,200Additions$2,869,800Total$3,394,000
Tax Record2023$55,927 ($4,661 / month)
Home Facts
Total Finished SqFt13,908 SqFtAbove Grade Finished SqFt13,908 SqFtStories2Lot Size26,136 SqFtStyleMulti-Family Res (5+ Units)Year Built1987ZoningR4CountyHENNEPINAPN24-029-24-14-0127

Schools near 1701 Elm Street Southeast

This home is within Minneapolis Public School Dist..
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Pillsbury Elementary School
PublicPK to 5

Northeast Middle School
Public6 to 8

Edison Senior High School
Public9 to 12

Heritage Academy - Sws
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1701 Elm Street Southeast is for sale in Minneapolis, MN 55414. This property was listed for sale on December 20, 2023 by RE/MAX Professionals, it's currently listed at $6,900,900. This listing's school district is Minneapolis Public School Dist.. Nearby schools include Pillsbury Elementary School, Northeast Middle School and Edison Senior High School. 1701 Elm Street Southeast is a 0-bed, 0-bath, built in 1987.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Professionals

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 03/14/2024 11:37 AM