$560,000
$589,900
5.1%For more information regarding the value of a property, please contact us for a free consultation.
21 Malcolm AVE SE Minneapolis, MN 55414
6 Beds
6 Baths
4,127 SqFt
Key Details
Sold Price $560,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 4,127 sqft
Price per Sqft $135
Subdivision Eustis Park
MLS Listing ID 7050238
Sold Date 06/05/26
Bedrooms 6
Year Built 1888
Annual Tax Amount $10,090
Tax Year 2026
Contingent None
Lot Size 0.400 Acres
Lot Dimensions 111x150
Property Sub-Type Apartment
Property Description
Own of of Prospect Park's legacy properties - where the possibilities are endless! Right now the building has 3 active units, but in the past has been as many as 5 separate units. Zoned for Apartments, it would be easily possible to get a few of the kitchens back in and turn this back into a huge money making property! Incredible lot for the area, there is even increased value add down the line as this property will be key to any future development in the area. Currently the main floor and 1/2 of the upper floor make a grand apartment for an owner occupant filled with charming woodwork, hardwood floors, decorated ceilings & details thru out. 3 baths and 3BRs in this unit with a grand hall entrance. 2nd floor has a 1 bedroom apartment with continued charm and woodwork galore. The 3rd floor is a fantastic 2BR utilitarian apartment that is easy to maintain and rent to students. Basement is dry with high ceilings and could be turned into another living space if desired. Right now there is a recently updated bath, wine cellar and storage lockers for the tenants. 3 car garage and large yard. Stunning wrap around porch. Perfect for an owner occupant or could be great for an investors as well. Well maintained, but due to memory issues of the current seller, property will be sold as-is.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Shared Access, Storage/Locker, Storage Space
Interior
Heating Hot Water
Fireplace No
Laundry In Basement, In Unit
Exterior
Parking Features Detached Garage
Garage Spaces 3.0
Roof Type Architectural Shingle
Building
Lot Description Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Light
Story More Than 2 Stories
Foundation 1715
Sewer City Sewer - In Street
Water City Water/Connected
Level or Stories More Than 2 Stories
Structure Type Brick
New Construction false
Schools
School District Minneapolis
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