416 8th Avenue SE

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Address: 416 SE 8th Ave, Minneapolis, MN 55414, USA
Chicago & Midwest + Apartment Buildings
Created date: September 20, 2026
Date last updated: September 20, 2026
Price: $599,000Investment Analyzer NEW!

Property Description

Don't miss this income-producing duplex opportunity in the heart of the historic Marcy-Holmes neighborhood with an ability to convert it into a triplex. Conveniently located near the University of Minnesota, Dinkytown, and Northeast Minneapolis, this classic up-and-down multifamily property offers 2 units with functional layouts, spacious common areas, and abundant natural light. The flexible configuration supports a variety of rental strategies while providing strong long-term income potential. Outside, the property features a large backyard, generous off-street parking, and additional outdoor space-valuable amenities in this central Minneapolis location. Residents can enjoy convenient access to neighborhood shops, restaurants, parks, trails, public transportation, and major highways. Whether you are expanding an investment portfolio or searching for an owner-occupied multifamily property with rental-income possibilities, this property combines space, flexibility, and proximity to some of Minneapolis' most popular destinations. Schedule a showing today!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $599,000
Year Built: 1900
Lot Size: 2,922.00 Sq ft
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 8
Number of Bathrooms: 3
Address: 416 8th Avenue SE, Minneapolis, MN 55414, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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