2100 Fairmount Street SE, Minneapolis, MN 55414 (MLS# 7144427)

2100 Fairmount Street SE, Minneapolis, MN 55414

$1,200,000

Property Type: Commercial Bedrooms: 10 Baths: 8 Lot Size (sq. ft.): 10,454 Status: Active

Current Price: $1,200,000 List Date: 9/16/2026 Last Modified: 9/16/2026

Overview

Description

Great investment near U of M campus. Six units on same property. A Fourplex with four large one bedroom units and a newly constructed duplex (2021). The up/down duplex has three bedrooms, plus office, and two baths in each unit. The duplex is built in 2021, with open kitchens, granite counters, stainless steel appliances and laundry in each unit. Each unit of the duplex has its own HVAC and separate gas and electric. The fourplex has four one bedroom, one bath units with classic built-ins and hardwood floors throughout. Laundry in lower level along with storage space for each unit. Large property with rain gardens, a storage shed and a large, private parking lot. Como neighborhood, near U of M, St. Anthony Main.

Listing Details MLS# 7144427

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 6
Owner Occupied: No
Waterfront YN: No
Year Built: 1922
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 4000
For Sale or Lease: For Sale
Acres: 0.24
Lot Dimensions: 82x127
Assessment Pending: No

Property Features

Accessible: Other Air Conditioning: Central Air; Window Unit(s) Amenities Shared: Coin-op Laundry Owned CMU Style: Apartments/Multi Family; Duplex Up and Down Construction Status: Completed New Construction Current Use: Residential Exterior: Cement Board; Stucco Foundation: Concrete Block; Slab Fuel: Natural Gas Heating: Baseboard; Forced Air; Hot Water Loan Terms: Cash; Conventional On Site Utilities: Electric Common; Electric Separate; Heating Common; Heating Separate; Hot Water Separate Owner Pays: Fuel; Grounds Care; Insurance; Maintenance/Repair; Taxes; Trash Collection; Water Parking Characteristics: Paved Lot Rental License Type: Standard Sewer: City Sewer/Connected Tenant Pays: Electricity; Fuel Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 1200000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 2100
Street Name: Fairmount
Street Suffix: Street
Street Direction Suffix: SE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55414
Complex/Dev/Subdivision: Cole & Weeks Add

Assessments

Tax With Assessments: 19484

Building Information

Building Finished SqFt: 6100

More Information

Income and Expenses

Annual Fuel Expense: 1800
Annual Gross Expenses: 38069
Annual Gross Income: 115104
Annual Insurance Expense: 4316
Annual Maintenance Expense: 2581
Annual Net Income: 77034
Annual Repair Expense: 2400
Annual Trash Expense: 1800
Annual Water/Sewer Expense: 1800
Total Annual Expenses: 38070

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 23
Section#: 19
Township#: 29

Sale Options

Sale Includes: Leases

Unit 1

Unit Number: 2100-1
Monthly Rent: 1285
Full Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: Yes
Total Rooms: 5
Level: Main Level
Unit Total SqFt: 720
Leased?: Yes
Lease Expiration Date: 2027-08-31
No. of 1 Bedroom Units: 4

Unit 2

Full Baths: Yes
Leased?: No
Level: Main Level
Total Bathrooms: Yes
Total Bedrooms: Yes
Total Rooms: 5
Unit Number: 2100-2
Unit Total SqFt: 720

Unit 3

No. of 3 Bedroom Units: 2
Full Baths: Yes
Lease Expiration Date: 2026-01-31
Leased?: Yes
Monthly Rent: 1250
Total Bathrooms: Yes
Total Bedrooms: Yes
Total Rooms: 5
Unit Number: 2100-3
Unit Total SqFt: 720

Unit 4

Full Baths: Yes
Lease Expiration Date: 2027-04-30
Leased?: Yes
Monthly Rent: 1287
Total Bathrooms: Yes
Total Bedrooms: Yes
Total Rooms: 5
Unit Number: 2100-4
Unit Total SqFt: 720

Unit 5

Full Baths: Yes
Lease Expiration Date: 2027-04-30
Leased?: Yes
Level: Main Level
Monthly Rent: 2100
Three-Quarter Baths: Yes
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 10
Unit Number: 2106-1
Unit Total SqFt: 1830

Unit 6

Full Baths: 2
Leased?: No
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 10
Unit Number: 2106-2
Unit Total SqFt: 1830

Unit Details

Total Units: 6

Listing Office: Morgan And Trust Realty

Last Updated: September - 16 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

2100 Fairmount Street SE, Minneapolis, MN 55414 (MLS# 7144427)