Contacts
Kiser Group
Property Details
- Property Type Multi-Family
- Property Size 13,500 SF
- Units 12
- Lot Size 0.19 Acre
- Year Built 1900
- Date Updated Sep 2, 2026
Reach out to the broker for more info on lease terms and amenities
Highlights
- $133,745 trailing NOI 7.87% going-in cap rate
- $134,556 Year 1 Pro Forma NOI 7.92% cap rate
- 100% occupied with average in-place rents of approximately $1,457/unit
- 12 spacious 2-bedroom units averaging approximately 1,000 SF
- 9.33% Year 1 projected cash-on-cash return based on modeled financing
- Large-format floor plans
- Market rents of approximately $1,550/unit, providing potential for continued rental growth
- New roof installed in 2023
- Newer kitchen finishes
- Newer mechanical systems
Getting around
-
93/100
Walk Score ®
-
60/100
Transit Score ®
-
94/100
Bike Score ®
Location
- City Minneapolis, MN
- Neighborhood Lowry Hill
- Zip Code 55405
- Market Minneapolis St Paul
Points of Interest
-
Bassett Creek Valley
0.89 miles
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Bryn Mawr
1.06 miles
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West 21st Street
1.26 miles
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Royalston
1.34 miles
-
Warehouse District/Hennepin Avenue
1.45 miles
-
Nicollet Mall
1.46 miles
-
Government Plaza
1.51 miles
-
Target Field - Platform 1
1.53 miles
-
Target Field - Platform 2
1.55 miles
-
Cedar-Riverside
1.91 miles
-
Speedway
0.12 miles
-
Holiday
0.45 miles
-
Marathon
0.74 miles
-
BP
0.79 miles
-
Mobil
1.23 miles
-
Shell
1.49 miles
-
ChargePoint
2.31 miles
-
Greenlots
2.99 miles
-
Tesla Supercharger
3.41 miles
-
Leaning Tower Parking Lot
0.20 miles
-
Vineland Place Ramp
0.41 miles
-
110 Grant Apartments Visitor Parking
0.69 miles
-
110 Grant Apartments Resident Parking
0.73 miles
-
Loring Parking Ramp
0.75 miles
-
MCAD Parking Lot C
0.85 miles
-
Marquette Parking Ramp
0.99 miles
-
Minneapolis Impound Lot
1.00 miles
-
300 Clifton
0.39 miles
-
Minneapolis International Hostel
0.70 miles
-
Hyatt Regency Minneapolis
0.81 miles
-
Millennium Hotel
0.82 miles
-
DoubleTree Suites by Hilton Hotel Minneapolis
0.97 miles
-
Hotel Ivy, a Luxury Collection Hotel, Minneapolis
1.01 miles
-
Moxy Minneapolis Uptown
1.01 miles
-
Holiday Inn Express Minneapolis Downtown Convention Center
1.04 miles
-
Hilton Minneapolis
1.06 miles
-
Hilton Garden Inn Minneapolis Downtown
1.09 miles
-
Wedge Co-Op
0.11 miles
-
Kowalski's Uptown Market
0.46 miles
-
Oak Grove Grocery
0.46 miles
-
ALDI
0.49 miles
-
Evergreen Grocery & Deli
0.56 miles
-
Hark's Food Market
0.60 miles
-
Truong Thanh Grocery Store
0.67 miles
-
Dai Loi Oriental Grocery, Inc.
0.79 miles
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Good Grocer
0.79 miles
-
Shuang Hur Supermarket
0.83 miles
Kiser Group