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

New Listing
$1,950,000
Property Type: Commercial Lot Size (sq. ft.): 10,890 Status: Active
Current Price: $1,950,000 List Date: 4/09/2026 Last Modified: 4/09/2026

Overview

Description

New construction investment opportunity. Nearly identical to the sale of the buildings across the street at 814 6th St SE except these are 4BR,2BA units. 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. 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 Present
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
Other Parking Spaces
0
Garage Stalls
0

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
Assessment Balance
0
Assessment Installment
0

Basement

Foundation Dimensions
55x32
None
Yes

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
Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0

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 Details

Total Units
6

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
LOT 003 BLOCK 027 MILL COS ADDN TO ST ANTHONY FALLS
Listing City
Minneapolis
Map Page
106
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
3018
Property ID Number
2402924240094
Tax Year
2025
Tax Amount
8809
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
New construction investment opportunity. Nearly identical to the sale of the buildings across the street at 814 6th St SE except these are 4BR,2BA units. 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. 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.
Directions
8th Ave, turn east on 5th St, turn right on 9th Ave, 6th st is a one way

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Kitchen Center Island
Yes
Tile Floors
Yes
Washer/Dryer Hookup
Yes

Appliances

Cooktop
Yes
Dishwasher
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes

Construction Status

Completed New Construction
Yes

Exterior

Cement Board
Yes

Flooring

Luxury Vinyl Plank
Yes
Tile
Yes

Foundation

Other
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Owner Pays

Insurance
Yes
Maintenance/Repair
Yes
Taxes
Yes
Trash Collection
Yes
Water
Yes

Sewer

City Sewer/Connected
Yes

Stories

Three Or More
Yes

Water

City Water/Connected
Yes

No. of Ranges

Six or More
Yes

No. of Refrigerators

Six or More
Yes

Tenant Pays

Electricity
Yes
Gas
Yes
Heat
Yes
Hot Water
Yes

On Site Utilities

Electric Separate
Yes
Heating Separate
Yes
Hot Water Separate
Yes

CMU Style

Apartments/Multi Family
Yes
Low Rise
Yes

Current Use

Residential
Yes

Loan Terms

Cash
Yes
Conventional
Yes
Listing Office: Morgan And Trust Realty
IDX
Last Updated: April - 09 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.