Prime Investment Opportunity to Flip or Hold. Some Finishing Needed. This Unique Quadplex Offers a Fantastic Opportunity for Both Investors and Owner-Occupants Alike with One Unit Move-In Ready & A Second Unit at 90% Completion. The Additional Two Units Are a Blank Slate Waiting for Your Finishing Touches. It is Situated on a Double Lot for Ample Off Street Parking or The Space to Build Garages, Boasts New Plumbing, 4 New 75,000 BTU Boilers, 4 New High Capacity Water Heaters, 4 New Pressure Tanks, Updated Water Main Per City Requirement, Updated Electric, 4 Updated Split Meters, New Chimney Liner, Vinyl Windows Throughout (Basement Windows are New) , As An Equity Builder, A Full Un-Finished Basement With 4 Individual Storage Units & Laundry Hook-Ups Available. All Conveniently Located On a Bus Line, Near Parks & The Lakes, Restaurants, Shopping and Easy Access to the Freeway System, This Property is a Must-See!
Closed
$445,000
1537 E 38th St, Minneapolis, MN 55407
8beds
4baths
3,456sqft
Quadruplex
Built in 1911
-- sqft lot
$483,000 Zestimate®
$129/sqft
$1,774 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 14, 2025 at 10:29am
Listed by:
Mindy Stolts 651-303-1018,
Homes Plus Realty,
Nicole Stolts 651-755-8967
Bought with:
Edith Del Moral
National Realty Guild
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6639126
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Boiler
Features
- Basement: Full,Storage/Locker,Unfinished
Interior area
- Total structure area: 3,456
- Total interior livable area: 3,456 sqft
- Finished area above ground: 864
- Finished area below ground: 0
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 6,098 sqft
- Features: Near Public Transit
Details
- Foundation area: 1728
- Parcel number: 1102824110068
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Stucco
- Roof: Rolled/Hot Mop,Flat
Condition
- Age of Property: 114
- New construction: No
- Year built: 1911
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Minneapolis
- Subdivision: Monroe Bros Sub Of Lts Herrick Haml
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$483,000
2% more+$9,660
With Zillow Showcase(estimated)$492,660