811-815 6th Street SE, Minneapolis, MN 55414 (MLS# 7051384)

811-815 6th Street SE, Minneapolis, MN 55414

$1,950,000

Property Type: Commercial Bedrooms: 4 Baths: 2 Square Footage: 5,280 Lot Size (sq. ft.): 10,890 Status: Active

Current Price: $1,950,000 List Date: 4/09/2026 Last Modified: 8/30/2026

Overview

Description

Six total units, two buildings with 3 units each, all new construction with 4BRs, 2BA and Laundry in each unit, total 24 BRs, 12 BAs. Five units are leased at $2600 month per unit, $13,000 month, once the 6th unit is leased, $15,600 month, owner pays water and trash only. Highly marketable modern interior finishes Strong rental appeal in the Marcy-Holmes / University district. 811 & 815 6th Street SE: Common Lot Development. Both 811 and 815 6th Street SE exist on a single parcel under one PID and were developed as a Common Lot Development in the Marcy-Holmes neighborhood. Together, 811 & 815 6th Street SE form a unified six-unit multifamily asset on a single PID, built and renovated to modern 2020s standards. Between the two structures, nearly every system structural, mechanical, electrical, plumbing, exterior envelope, and interior finishes is new, code-compliant, and designed for long-term durability and ease of maintenance. The site now includes: One fully renovated, expanded tripl ... (Read more) Six total units, two buildings with 3 units each, all new construction with 4BRs, 2BA and Laundry in each unit, total 24 BRs, 12 BAs. Five units are leased at $2600 month per unit, $13,000 month, once the 6th unit is leased, $15,600 month, owner pays water and trash only. Highly marketable modern interior finishes Strong rental appeal in the Marcy-Holmes / University district. 811 & 815 6th Street SE: Common Lot Development. Both 811 and 815 6th Street SE exist on a single parcel under one PID and were developed as a Common Lot Development in the Marcy-Holmes neighborhood. Together, 811 & 815 6th Street SE form a unified six-unit multifamily asset on a single PID, built and renovated to modern 2020s standards. Between the two structures, nearly every system structural, mechanical, electrical, plumbing, exterior envelope, and interior finishes is new, code-compliant, and designed for long-term durability and ease of maintenance. The site now includes: One fully renovated, expanded triplex (811) and One slab-on-grade new construction triplex (815). A total of six modern, code-compliant residential units were created on the shared lot. Both properties were built to current building, mechanical, electrical, plumbing, zoning, and life-safety standards, including separate utility services, fire systems, and modern energy-efficient components. 811 6th Street SE – Full Gut Renovation & Triplex Conversion: 811 began as an older duplex and was transformed into a three-level triplex through a complete gut renovation and addition. Other than the foundation and the first- and second-floor exterior walls, the structure is essentially new construction. Full interior demolition and rebuild. Added a third story to convert the duplex into a triplex. Constructed a three-story treated-wood rear deck. * 815 6th Street SE – New Construction Slab-on-Grade Triplex (In final phase of completion). 815 was built as a brand-new slab-on-grade triplex, designed to complement 811 while offering fully modern construction and finishes. While layouts differ, the systems and interior standards match 811 to maintain continuity across the parcel. *Structural & Exterior:Ground-up slab-on-grade new construction. LP SmartSide exterior siding. New exterior paint. Pre-finished soffit & fascia. Architectural asphalt shingle roof. Batt + poly insulation package. Single-hung Vector windows, matching 811. Interior staircase access to each unit. *Mechanical, Electrical & Plumbing: New water and new sewer service runs. Three separate electrical services/meters (one per unit). Three independent forced-air heating and cooling systems (Magic-Pak) Three 40-gallon electric water heaters. All electric appliances (ranges, dryers, etc.), consistent with 811. New plumbing system throughout.* Interior Construction & Finishes: LVP flooring throughout. Kitchens and bathrooms identical in finish level to 814, including: Legacy soft-close cabinetry. Quartz countertops. Tile backsplash. Stainless steel appliances. Tile shower surrounds. New trim, interior doors, and full interior paint/enamel. Stackable washer/dryer hookups in each unit. *Both buildings offer: Separate utilities, Updated life-safety systems, Uniform design language and material quality, Low-maintenance exterior finishes.

Listing Details MLS# 7051384

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1918
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 1760
For Sale or Lease: For Sale
Acres: 0.25
Lot Dimensions: 66x165
Assessment Pending: No

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Kitchen Center Island; Tile Floors; Washer/Dryer Hookup Appliances: Cooktop; Dishwasher; Microwave; Range; Refrigerator Basement: None CMU Style: Apartments/Multi Family; Low Rise Construction Status: Completed New Construction Current Use: Residential Exterior: Cement Board Flooring: Luxury Vinyl Plank; Tile Foundation: Other Fuel: Natural Gas Heating: Forced Air Loan Terms: Cash; Conventional On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Owner Pays: Insurance; Maintenance/Repair; Taxes; Trash Collection; Water Sewer: City Sewer/Connected Stories: Three Or More Tenant Pays: Electricity; Gas; Heat; Hot Water Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 1950000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 811-815
Street Name: 6th
Street Suffix: Street
Street Direction Suffix: SE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55414
Complex/Dev/Subdivision: Mill Cos Add To St Anthony Falls

Assessments

Tax With Assessments: 8809

Basement

Foundation Dimensions: 55x32

More Information

Building Information

Building Finished SqFt: 4980
Building SqFt: 5280
Ceiling Height: 8-10

Income and Expenses

Annual Gross Expenses: 34000
Annual Gross Income: 187200
Annual Insurance Expense: 9000
Annual Maintenance Expense: 4400
Annual Net Income: 150800
Annual Repair Expense: 2400
Annual Trash Expense: 3600
Annual Water/Sewer Expense: 2400
Total Annual Expenses: 34000

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 24
Section#: 24
Township#: 29

Sale Options

Sale Includes: Building, Land

Unit 1

Unit Number: 815 #3
Monthly Rent: 2600
Full Baths: Yes
Three-Quarter Baths: Yes
Total Bathrooms: 2
Total Bedrooms: 4
Leased?: Yes
Lease Expiration Date: 2027-08-31

Unit Details

Total Units: 6

Listing Office: Morgan And Trust Realty

Last Updated: August - 30 - 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.

811-815 6th Street SE, Minneapolis, MN 55414 (MLS# 7051384)