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Multifamily

410 Apartments

410 6th St SE, Minneapolis, MN 55414

Listing Price: Request For Offer

Number of Units
38
Gross SF
28,000

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present for sale 410 Apartments.

Offered for sale by its original owner and developer, 410 Apartments is a fully renovated, professionally managed multifamily community located at 410 6th Street SE in the vibrant Marcy-Holmes neighborhood of Minneapolis. Originally constructed in 1964, the 38-unit property has been meticulously maintained and significantly modernized with over $1.1 million in capital improvements. Recent upgrades include new windows and sliding glass doors in 2017, a high-efficiency boiler installed in 2024, and comprehensive renovations to both in-unit interiors and common areas—delivering a turnkey asset with minimal, if any near-term capital requirements.

Ideally situated just ten blocks from the University of Minnesota Twin Cities campus, the property is positioned to attract consistent demand from students, faculty, and area professionals, resulting in durable occupancy and stable cash flow. The unit mix includes 2 studios, 21 one-bedrooms, 12 two-bedrooms, and 3 three-bedroom layouts, with an average unit size of 678 square feet and average monthly rents of $1,274. Renovated units feature modern finishes and fixtures in line with current renter preferences, contributing to strong leasing velocity and long-term tenant retention.

The property offers residents a secure and convenient living experience with controlled-access entry, on-site laundry, approximately 26 surface parking stalls, and 2 garage spaces.

410 Apartments also benefits from immediate proximity to some of Minneapolis’s most popular neighborhoods and attractions. Residents enjoy walkable access to Dinkytown, the Stone Arch Bridge, the Mississippi Riverfront, and St. Anthony Main, along with a rich mix of local dining and retail destinations including Al’s Breakfast, Annie’s Parlour, Punch Pizza, and Loring Bar & Restaurant.

With substantial recent renovations, professional management, long-term original ownership, and a prime location adjacent to the University of Minnesota, 410 Apartments offers investors a fully upgraded, low-maintenance asset in one of the city’s most established and consistently performing rental corridors.

Investment Highlights

  • Original owner and developer, showcasing long-term pride of ownership and meticulous care.
  • Professionally managed and fully renovated 38-unit apartment community in the high-demand Marcy-Holmes neighborhood of Minneapolis.
  • Over $1.1 million in capital improvements, including new windows and sliding glass doors (2017), high-efficiency boiler (2024), and updated interiors and common areas.
  • Prime location just 10 blocks from the University of Minnesota, with strong demand from students, faculty, and professionals.
  • Diverse unit mix: 2 studios, 21 one-bedrooms, 12 two-bedrooms, and 3 three-bedrooms; average unit size of 678 SF and average rent of $1,274/month.
  • Walkable to top destinations including Dinkytown, Stone Arch Bridge, St. Anthony Main, and local favorites like Al's Breakfast, Annie's Parlour, and Punch Pizza.

Exclusively Listed By

Financing By

Multifamily

410 Apartments

Listing Price: Request For Offer

Number of Units
38
Gross SF
28,000

Investment Highlights

  • Original owner and developer, showcasing long-term pride of ownership and meticulous care.
  • Professionally managed and fully renovated 38-unit apartment community in the high-demand Marcy-Holmes neighborhood of Minneapolis.
  • Over $1.1 million in capital improvements, including new windows and sliding glass doors (2017), high-efficiency boiler (2024), and updated interiors and common areas.
  • Prime location just 10 blocks from the University of Minnesota, with strong demand from students, faculty, and professionals.
  • Diverse unit mix: 2 studios, 21 one-bedrooms, 12 two-bedrooms, and 3 three-bedrooms; average unit size of 678 SF and average rent of $1,274/month.
  • Walkable to top destinations including Dinkytown, Stone Arch Bridge, St. Anthony Main, and local favorites like Al's Breakfast, Annie's Parlour, and Punch Pizza.

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present for sale 410 Apartments. Offered for sale by its original owner and developer, 410 Apartments is a fully renovated, professionally managed multifamily community located at 410 6th Street SE in the vibrant Marcy-Holmes neighborhood of Minneapolis. Originally constructed in 1964, the 38-unit property has been meticulously maintained and significantly modernized with over $1.1 million in capital improvements. Recent upgrades include new windows and sliding glass doors in 2017, a high-efficiency boiler installed in 2024, and comprehensive renovations to both in-unit interiors and common areas—delivering a turnkey asset with minimal, if any near-term capital requirements. Ideally situated just ten blocks from the University of Minnesota Twin Cities campus, the property is positioned to attract consistent demand from students, faculty, and area professionals, resulting in durable occupancy and stable cash flow. The unit mix includes 2 studios, 21 one-bedrooms, 12 two-bedrooms, and 3 three-bedroom layouts, with an average unit size of 678 square feet and average monthly rents of $1,274. Renovated units feature modern finishes and fixtures in line with current renter preferences, contributing to strong leasing velocity and long-term tenant retention. The property offers residents a secure and convenient living experience with controlled-access entry, on-site laundry, approximately 26 surface parking stalls, and 2 garage spaces. 410 Apartments also benefits from immediate proximity to some of Minneapolis’s most popular neighborhoods and attractions. Residents enjoy walkable access to Dinkytown, the Stone Arch Bridge, the Mississippi Riverfront, and St. Anthony Main, along with a rich mix of local dining and retail destinations including Al’s Breakfast, Annie’s Parlour, Punch Pizza, and Loring Bar & Restaurant. With substantial recent renovations, professional management, long-term original ownership, and a prime location adjacent to the University of Minnesota, 410 Apartments offers investors a fully upgraded, low-maintenance asset in one of the city’s most established and consistently performing rental corridors.

Exclusively Listed By

Financing By

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