For Sale Commercial MLS# 6826518

814 6th Street SE

Minneapolis, MN 55414

$2,300,000

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About 814 6th Street SE

Investment opportunity. Six units, two buildings, all new with 5BRs, 2BA and Laundry in each unit. 814 is currently leased for $9250 month, one unit is rented for $3000 in 816 building with two units being advertised. Highly marketable modern interior finishes Strong rental appeal in the Marcy-Holmes / University district. 814 & 816 6th Street SE: Common Lot Development. Both 814 and 816 6th Street SE exist on a single parcel under one PID and were developed as a Common Lot Development in the Marcy-Holmes neighborhood. Together, 814 & 816 6th Street SE form a unified six-unit multifamily asset on a single PID, built and renovated to modern 2020s standards. Between the two structures, nearly every system structural, mechanical, electrical, plumbing, exterior envelope, and interior finishes is new, code-compliant, and designed for long-term durability and ease of maintenance. The site now includes: One fully renovated, expanded triplex (814) and One slab-on-grade new construction triplex (816). A total of six modern, code-compliant residential units were created on the shared lot. Both properties were built to current building, mechanical, electrical, plumbing, zoning, and life-safety standards, including separate utility services, fire systems, and modern energy-efficient components. 814 6th Street SE – Full Gut Renovation & Triplex Conversion: 814 began as an older duplex and was transformed into a three-level triplex through a complete gut renovation and addition. Other than the foundation and the first- and second-floor exterior walls, the structure is essentially new construction. Full interior demolition and rebuild. Added a third story to convert the duplex into a triplex. Constructed a three-story treated-wood rear deck. * 816 6th Street SE – New Construction Slab-on-Grade Triplex (In final phase of completion). 816 was built as a brand-new slab-on-grade triplex, designed to complement 814 while offering fully modern construction and finishes. While layouts differ, the systems and interior standards match 814 to maintain continuity across the parcel. *Structural & Exterior:Ground-up slab-on-grade new construction. LP SmartSide exterior siding. New exterior paint. Pre-finished soffit & fascia. Architectural asphalt shingle roof. Batt + poly insulation package. Single-hung Vector windows, matching 814. Interior staircase access to each unit. *Mechanical, Electrical & Plumbing: New water and new sewer service runs. Three separate electrical services/meters (one per unit). Three independent forced-air heating and cooling systems (Magic-Pak) Three 40-gallon electric water heaters. All electric appliances (ranges, dryers, etc.), consistent with 814. New plumbing system throughout.* Interior Construction & Finishes: LVP flooring throughout. Kitchens and bathrooms identical in finish level to 814, including: Legacy soft-close cabinetry. Quartz countertops. Tile backsplash. Stainless steel appliances. Tile shower surrounds. New trim, interior doors, and full interior paint/enamel. Stackable washer/dryer hookups in each unit. *Both buildings offer: Separate utilities, Updated life-safety systems, Uniform design language and material quality, Low-maintenance exterior finishes.

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
1925
Stories
Three Or More
Living area
4,893 sqft
Price / sqft
$470
Lot
0.23
Original price
$2,300,000
MLS #
6826518

Interior

Features
Central Air, Zoned, Forced Air, Crawl Space
Heating
Forced Air
Cooling
Central Air, Zoned

Exterior & lot

Features
Cement Board, Vinyl, Other
Construction
Three Or More, Block, Slab, Age 8 Years or Less, Asphalt
Roof
Age 8 Years or Less, Asphalt
Foundation
Block, Slab
Lot
2402924230034, Residential
Parking
Other

Schools

District
Minneapolis Public School District

Utilities

Utilities
City Sewer/Connected, City Water/Connected, Electric Separate, Heating Separate
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

Financial
northstar
Annual tax
$7,496
Tax year
2025
Parcel
2402924230034

Location

Subdivision
Mill Cos Add To St Anthony Falls
County
Hennepin
Neighborhood
Marcy Holmes
Community
Hennepin, City Street, northstar, Minneapolis
Directions
4th St to 8th Ave, turn on 5th St SE on one way to property

Location

Neighborhood
Marcy Holmes
Subdivision
Mill Cos Add To St Anthony Falls
School district
Minneapolis Public School District

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Listed by Martin P. Morgan, Morgan And Trust Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.