629 Oak Street Se, Minneapolis, MN 55414
Local realty services provided by:ERA Prospera Real Estate
629 Oak Street Se,Minneapolis, MN 55414
$860,000
- - Beds
- - Baths
- 2,679 sq. ft.
- Multi-family
- Active
Listed by:laurie m allen
Office:coldwell banker realty
MLS#:6704262
Source:NSMLS
Price summary
- Price:$860,000
- Price per sq. ft.:$321.02
About this home
Discover an exceptional front-to-back multi-level duplex nestled in the vibrant heart of Stadium Village at the University of Minnesota! This renovated property, features a rear addition completed in 2010, and offers the perfect blend of modern comfort and student-friendly living.
Each of the spacious units boasts 5 inviting bedrooms, 1.75 stylish baths, and private decks perfect for relaxation. Enjoy the convenience of in-unit laundry, separate mechanical systems, and the added perk of an off-street parking spot.
The front unit (#1) is currently occupied and generates a robust rental income of $3,075/month, with a lease secured through 8/26/26. The rear unit (#2) is vacant and currently listed to lease. It commanded a premium rent of $3,820/month. The seller covers the water, sewer, and trash bills, while charging tenants a modest reimbursement fee of $25 per tenant per month for these essential utilities. This property stands out as a premier investment opportunity for student housing, making it an invaluable addition to any real estate portfolio. Don’t miss out on this remarkable chance to invest in a thriving community!
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Home facts
- Year built:1900
- Listing ID #:6704262
- Added:477 day(s) ago
- Updated:October 05, 2025 at 01:43 PM
Rooms and interior
- Living area:2,679 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Age Over 8 Years, Asphalt
- Year built:1900
- Building area:2,679 sq. ft.
- Lot area:0.1 Acres
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$860,000
- Price per sq. ft.:$321.02
- Tax amount:$8,243 (2025)
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