Minneapolis, MN 55407,1537 E 38th ST
See all 31 photos
Minneapolis, MN 55407,1537 E 38th ST
Minneapolis, MN 55407,1537 E 38th ST
Minneapolis, MN 55407,1537 E 38th ST
Minneapolis, MN 55407,1537 E 38th ST

$445,000

Est. payment /mo

$460,000

3.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

1537 E 38th ST Minneapolis, MN 55407

864 SqFt

SOLD DATE : 03/14/2025

Key Details

Sold Price $445,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 864 sqft

Price per Sqft $515

Subdivision Monroe Bros Sub Of Lts Herrick Haml

MLS Listing ID 6639126

Sold Date 03/14/25

Year Built 1911

Annual Tax Amount $6,306

Tax Year 2024

Contingent None

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 0x0x0x0

Property Sub-Type Quadruplex

Property Description

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!

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Full, Storage/Locker, Unfinished

Interior

Heating Boiler

Fireplace No

Exterior

Parking Features Parking Lot, Open

Roof Type Rolled/Hot Mop,Flat

Building

Lot Description Public Transit (w/in 6 blks)

Story Two

Foundation 1728

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Stucco

New Construction false

Schools

School District Minneapolis

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Melinda Stolts • Homes Plus Realty
agent
Nicole Goltz

Agent | License ID: 40652949

+1(763) 528-0953 | nicole@nicolechristinempls.com

GET MORE INFORMATION

Name
Phone*
Message