• Asking Price $470,000
  • Estimated Value: $393,441
  • 1537 E 38TH ST MINNEAPOLIS, MN 55407

  • 8 Beds 1 Bath 864 SqFt
  • Townhouse or Condo / Resale (MLS)

Property Details for 1537 E 38TH ST, MINNEAPOLIS, MN 55407

Features

  • Price/sqft: $543
  • Lot Size: 6098 sq. ft.
  • Total Units: 4
  • Total Rooms: 5
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • Stories: 2
  • Roof Type: FLAT
  • Heating: 10
  • Construction Type: Wood
  • Exterior Walls: Stucco

Facts

  • Year Built: 01/01/1911
  • Property ID: 957547658
  • MLS Number: 6639126
  • Parcel Number: 11-028-24-11-0068
  • Property Type: Townhouse or Condo
  • County: HENNEPIN
  • Legal Description: 004 MONROE BROS SUBD OF LOTS HERRICK HAML THAT PART OF LOTS 1 2 AND 3 LYING W OF E 78 FT THEREOF LOTS 1 2 AND 3 44.50 X
  • Zoning: C1
  • Listing Status: Active

Pre-Foreclosure Info

  • Date Defaulted Lien: 11/22/2022
  • Recording Date: 11/22/2022
  • Recording Year: 2022

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Prime Investment Opportunity to Flip or Hold. Some Finishing Needed. This Unique Quadplex Offers a Fantastic Opportunity for Both Investors and Owner-Occupants Alike with One Unit Move-In Ready & A Second Unit at 90% Completion. The Additional Two Units Are a Blank Slate Waiting for Your Finishing Touches. It is Situated on a Double Lot for Ample Off Street Parking or The Space to Build Garages, Boasts New Plumbing, 4 New 75,000 BTU Boilers, 4 New High Capacity Water Heaters, 4 New Pressure Tanks, Updated Water Main Per City Requirement, Updated Electric, 4 Updated Split Meters, New Chimney Liner, Vinyl Windows Throughout (Basement Windows are New) , As An Equity Builder, A Full Un-Finished Basement With 4 Individual Storage Units & Laundry Hook-Ups Available. All Conveniently Located On a Bus Line, Near Parks & The Lakes, Restaurants, Shopping and Easy Access to the Freeway System, This Property is a Must-See!

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Property Brokerage: Abarim Realty 7 9TH ST NE ROCHESTER MN 55906
Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.