Multifamily
Dartmouth & Castleton
214 E 19th St, Minneapolis, MN 55403
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap, as the exclusive listing agent, is pleased to present for sale Dartmouth & Castleton.
Dartmouth & Castleton is a two-building multifamily community located in the Stevens Square neighborhood of Minneapolis. Built in 1922, the property features 20 studio, 27 one-bedroom, and 6 two-bedroom residences, along with a retail unit currently occupied by a coffeehouse named The Boiler Room. The residences average 547 square feet in size, with current rents averaging $979 per month.
Situated on a 0.59-acre lot, the property includes approximately 11 surface parking spaces. Residents of Dartmouth & Castleton enjoy easy access to the scenic Stevens Square Park and Morrison Park, perfect for leisurely strolls and outdoor activities. The Prime location also places a diverse range of entertainment and dining options just moments away, ensuring that residents can fully experience the lively cultural scene and culinary delights that Minneapolis has to offer.
With its strong location, mix of unit sizes, and established rental income, Dartmouth & Castleton presents an attractive investment opportunity. The combination of residential and retail space, along with easy access to parks and local amenities, makes this property a well-positioned asset in the Minneapolis
multifamily market.
Dartmouth & Castleton
Investment Highlights
- Historic Brownstone Construction – Fall in love with the vintage and sophisticated look of this property. These historic looking properties are irreplaceable.
- Location – Situated in the lively Stevens Square neighborhood of Minneapolis, providing convenient access to both Steven Square Park, Morrison Park and direct access to the Downtown Minneapolis Centra
- Central Courtyard – Tenants can enjoy a private barbeque or picnic within the privacy of the apartment community.
- Diverse Unit-Mix – Comprised of 53 apartment units including studios, one-bedrooms, and two bedroom residences.
- Retail – The Boiler Room coffee shop provides steady income and an additional amenity to the tenants. The retail is currently leased until 2027.
Exclusively Listed By
Investment Highlights
- Historic Brownstone Construction – Fall in love with the vintage and sophisticated look of this property. These historic looking properties are irreplaceable.
- Location – Situated in the lively Stevens Square neighborhood of Minneapolis, providing convenient access to both Steven Square Park, Morrison Park and direct access to the Downtown Minneapolis Centra
- Central Courtyard – Tenants can enjoy a private barbeque or picnic within the privacy of the apartment community.
- Diverse Unit-Mix – Comprised of 53 apartment units including studios, one-bedrooms, and two bedroom residences.
- Retail – The Boiler Room coffee shop provides steady income and an additional amenity to the tenants. The retail is currently leased until 2027.
Investment Overview
Marcus & Millichap, as the exclusive listing agent, is pleased to present for sale Dartmouth & Castleton. Dartmouth & Castleton is a two-building multifamily community located in the Stevens Square neighborhood of Minneapolis. Built in 1922, the property features 20 studio, 27 one-bedroom, and 6 two-bedroom residences, along with a retail unit currently occupied by a coffeehouse named The Boiler Room. The residences average 547 square feet in size, with current rents averaging $979 per month. Situated on a 0.59-acre lot, the property includes approximately 11 surface parking spaces. Residents of Dartmouth & Castleton enjoy easy access to the scenic Stevens Square Park and Morrison Park, perfect for leisurely strolls and outdoor activities. The Prime location also places a diverse range of entertainment and dining options just moments away, ensuring that residents can fully experience the lively cultural scene and culinary delights that Minneapolis has to offer. With its strong location, mix of unit sizes, and established rental income, Dartmouth & Castleton presents an attractive investment opportunity. The combination of residential and retail space, along with easy access to parks and local amenities, makes this property a well-positioned asset in the Minneapolis multifamily market.
Exclusively Listed By
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