2524 Jackson ST NE, Minneapolis, MN 55418
2524 Jackson ST NE, Minneapolis, MN 55418
2524 Jackson ST NE, Minneapolis, MN 55418
38
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$674,999
Est. payment /mo
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7 Beds
5 Baths
3,300 SqFt
Active

2524 Jackson ST NE Minneapolis, MN 55418

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Austin Schmidt

Austin Schmidt

+1(701) 540-3908

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,300 sqft

Price per Sqft $204

Subdivision Menages Sup To East Side Add

MLS Listing ID 7097885

Bedrooms 7

Year Built 1891

Annual Tax Amount $9,933

Tax Year 2026

Contingent None

Lot Size 8,276 Sqft

Lot Dimensions 46’x182’

Property Sub-Type Fourplex

Property Description

PRICE IMPROVED 8/8 to $674,999. The 2016 renovation went to the bones: new foundation, all new electric, plumbing and HVAC, a third floor and a full basement. Three of the four units were finished high-end, and the showpiece is a two-level 3bd/2ba with its own central A/C, a loft, heated tile bath and private balcony. The 2-bedroom is vacant 8/31, so an owner occupant can move in. The fourth unit is still original, and that is where the rest of the upside starts. Both 1-bedrooms are large and convert easily to 2-bedrooms, and the existing 2-bedroom is the same floor plan, so the conversion is already proven here. The lower level has a finished bathroom, an egress window and own meter, and needs a kitchen to become a fifth unit, taking the building from 7 bedrooms to as many as 10 (buyer to verify conforming use with the City). All rents are below market and both 1-bedrooms roll to month-to-month October 1, so there is value to capture day one. Four storage units not billed, porch, deck and 8 off-street parking.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Full

Interior

Heating Forced Air

Fireplace No

Laundry In Basement, Common Area, Sink

Exterior

Parking Features Shared Driveway, Parking Lot

Fence None

Pool None

Roof Type Asphalt,Pitched

Building

Story More Than 2 Stories

Foundation 1100

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories More Than 2 Stories

Structure Type Frame

New Construction false

Schools

School District Minneapolis

Listed by Zachary Burnside • MRG Realty Partners, LLC

NEARBY SCHOOL & BUSINESS

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Austin Schmidt

Austin Schmidt

Agent License ID: 11718

+1(701) 540-3908

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2524 Jackson ST NE