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MLS: #7105774, Listed By: Jordan Eatherton, Pemberton RE, Source:FargoMoorhead Area Association of REALTORS

2210 Oakland Avenue

Minneapolis, MN 55404
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Bed 12

Bed

Bath 6

Bath

SqFt4,828

Sqft

Acres0.17

Acre(Lot)

If you're looking to grow your investment portfolio or break into multifamily ownership through house hacking, this 4-unit property is worth a closer look. Located just minutes from downtown Minneapolis, this building offers a strong unit mix with two 3-bedroom units, one 2-bedroom unit, and one spacious 4-bedroom, 2-bath unit. The property is currently generating $108,000 in annual rental income with the following rents: Unit 1: 2 bed, 1 bath - $1,900/month ($22,800/year) Unit 2: 3 bed, 1 bath - $1,900/month ($22,800/year) Unit 3: 3 bed, 2 bath - $2,500/month ($30,000/year) Unit 4: 4 bed, 2 bath - $2,700/month ($32,400/year) All four units are currently occupied with tenants participating in the Housing Choice Voucher (Section 8) program. The 4-bedroom unit is expected to become availa ble, creating an excellent opportunity for an owner-occupant to house hack while the other three units help offset the mortgage, or for an investor to lease it at market rent. The two upper units feature two-level floor plans with two bathrooms and updated kitchens. Each unit has its own furnace and dedicated water heater, and tenants pay their own gas and electric, helping reduce owner expenses. An oversized 2-car garage and additional off-street parking add even more value. The property is currently self-managed, with operating expenses available upon request. For qualified buyers, the sellers are also open to a Contract for Deed through their preferred lender with a minimum 20% down payment, subject to lender approval and mutually agreeable terms. Whether you're adding another cash-flowing property to your portfolio or looking for a smart way to live in one unit while the others help pay the mortgage, this is a rare multifamily opportunity in a convenient Minneapolis location.

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Detail Ic Property Details

Property Type : Residential Income

Price : $790,000

AD Id : 87798205

MLS Id : 7105774

Beds : 12

Lot Size : 0.17 Acre

Living Area Size : 4,828

Tax Amount : 14227.16

Year Built : 1892

Garage : 2

County : Hennepin

Subdivision: Cedar Glen Ests

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Feature Features

  • Bedroom Information

    Total beds: 12

    Bathroom Information

    Total Baths: 6

    Room Information

    Has Basement: Yes Basement: Partial, Unfinished
  • Roofing Information

    Asphalt, Shingle
  • Interior Features

    Roof: Asphalt, Shingle Laundry Features: Common Area, Main Level
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Forced Air

  • Building Information

    Year Built: 1892 Building Area Total: 5269 Patio And Porch Features: Covered, Front Porch Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 58x124 Main Square Feet: 0.17 Acres Lot Size Acres: 0.17 Lot Size Square Feet: 7405.2

    Property Information

    Subdivision: G N Merriams Add Source Property Type: Residential Income Postal Code Plus 4: 3707 Property SubType: Quadruplex Property Age: 134

  • Listing Price Information

    Listing Price: $790000 Cash, Conventional, Contract

  • Tax Information

    Parcel Number: 3502924220022 Tax Year: 2026 Annual Tax: $14227.16 Tax Legal Desc: BLOCK 003 G N MERRIAMS ADDN TO MPLS LOT 4 AND N 8 FT OF LOT 5

  • Parking Information

    Parking Lot

    Garage Information

    Has Garage: Yes Garage Space: 2
    Homeowners Association Information
    Association Amenities: Laundry, Elevator(s)

  • Location Information

    Direction: Between Portland and Park Ave off E22nd Street WaterSource: Public
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Nearby Home Value

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1926 15th Avenue, Minneapolis, MN, 55404 $449,000 5 4 2,561 0.13 Acre
2121 13th Avenue, Minneapolis, MN, 55404 $649,000 12 6 5,542 0.11 Acre
2211 10th Avenue, Minneapolis, MN, 55404 $374,700 5 2 2,397 0.20 Acre
1604 Elliot Avenue, Minneapolis, MN, 55404 $649,999 10 4 4,757 0.16 Acre
2106 Elliot Avenue, Minneapolis, MN, 55404 $524,500 6 3 3,514 0.10 Acre
1912 Columbus Avenue, Minneapolis, MN, 55404 $299,000 6 3 2,298 0.14 Acre
1518 Park Avenue, Minneapolis, MN, 55404 $399,900 6 2 2,849 0.08 Acre
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

ByOwner last updated this listing 09/06/2026 @ 18:04

MLS: 7105774 LISTED BY: Jordan Eatherton, Pemberton RE 612-260-8777 SOURCE: FargoMoorhead Area Association of REALTORS

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