Share this listing
Pre-formatted captions, a short link, and a QR code — ready to paste.
Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…
3540 11th Ave S
Minneapolis, MN 55407
Asking Price
$1.25M
Cap Rate
7.53%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
3540 11th Ave S, Minneapolis, MN 55407 <ul><li>11x, 1 bed / 1 bath units, averaging 600 SF each and market rent of $1150 / month</li><li>Potential NOI: $94,185</li><li>Price per unit: $107,029</li><li>Price per SF: $157</li><li>Newer windows, electric panels, boiler</li><li>Many of the units have been renovated within the last few years</li><li>Part of the Minneapolis 4D program which keeps taxes low</li><li>Received many new appliances</li><li>Less than a block from Powderhorn Park's 66 acres of green space, lake, tennis co
Free Valuation Calculator
No login requiredRun the numbers on this deal. All calculations are estimates — verify with your lender and accountant.
NOI
$80,000
Cap Rate
6.40%
DSCR
1.08
Tight
Cash-on-Cash
1.54%
Monthly Payment
$6,184.318
Annual Cash Flow
$5,788.184
