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Hatch Brokered by Real

| Hatch Brokered by Real | Real Brokerage LLC | PLACE

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811-815 6th St SE , Minneapolis, MN 55414
$1,950,000
Est. Payment: $10,074.62/mo
4 Bed
2 Bath
5280 Sqft
Status: Active | Days on site: 1
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80309 - 502023787
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House Description

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. Five units are leased at $2600 month per unit, $13,000 month, once the 6th unit is leased, $15,600 month, owner pays water and trash only. 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.

Highlights

Listed by Martin P. Morgan , 612-432-5451 Morgan And Trust Realty , 612-432-5451. Minneapolis/St. Paul and St. Cloud - Northstar MLS

Property Type

Commercial Sale

Lot/Acreage
0.25

Year Built

1918

County

Hennepin

Neighborhood

Mill Cos Add To St Anthony Falls

School District

Minneapolis

Listing ID

7051384

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:
Appliances:Cooktop, Dishwasher, Microwave, Range, Refrigerator, Stainless Steel Appliances
Air Cond:Central Air
Fireplaces:
Other:
  • Additional:Kitchen Center Island, Tile Floors, Washer/Dryer Hookup
Water:City Water/Connected

Exterior Features

Lot Dimensions:66x165
Zoning:Residential-Multi-Family
Sewer:City Sewer/Connected
Parking Features:Asphalt
Principal Interest
$10,075
Taxes
$734

Home Price

$1,950,000

Loan Details

30 yrs
6.708%

Down Payment

20%
$390,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$10,074.62

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,074.62 $734.08 $0.00 $10,808.70
Yearly $120,895.39 $8,809.00 $0.00 $129,704.39
Total $3,626,861.81 $264,270.00 $0.00 $3,891,131.81
Lender profile image
Will Provost
Loan Originator
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Data last updated: 2026-09-06T04:57:07.000Z

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