Property Listing
Description
Mixed use investment opportunity in the highly visible Lyndale Avenue south corridor of Minneapolis. This package includes two adjacent parcels totaling five residential units and one street facing retail b uilding, offering diversified income streams in one of South Minneapolis' most established rental and small-business districts. Located near Uptown and minutes from Bde Maka Ska, the property benefits from: ---Strong renter demand driven by proximity to downtown, lakes, public transit. ---Dense surrounding housing stock with consistent multifamily absorption. ---High daily traffic counts along Lyndale Avenue, supporting retail tenancy. ---Walkable access to neighborhood retail, restaurants, and transit corridor. South Minneapolis has demonstrated long-term rental resiliency, supported by limited new small-scale multifamily inventory in this immediate corridor. The mixed-use configuration provides optionality: Stabilize, reposition, or redevelopment over time as land values continue to appreciate along this artery passage way. Serious investors may request detailed financials and underwriting materials upon request and execution of an NDA.
Property Information
Status: Active
Sub Type: ********
List Price: $1,350,000
MLS#: 7007502
Current Price: $1,350,000
Address: 2425 Lyndale Avenue S, Minneapolis, MN 55405
City: Minneapolis
State: MN
Postal Code: 55405
Geo Lat: 44.958315
Geo Lon: -93.287606
Subdivision: Rgt Fergusons Add
County: Hennepin
Property Description
Year Built: 1907
Lot Size SqFt: 4792
Gen Tax: 5618.71
Specials Inst: 0
High School: Minneapolis
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Total SqFt.: ********
Style: ********
Total Bedrooms: 4
Total Bathrooms: 2
Total Full Baths: ********
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Garage Stalls: 0
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Lot Feat/Fld Plain: Array
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