2524 Northeast Jackson Street, Minneapolis, MN 55418
Fully renovated, 100% occupied fourplex with in-place income and documented opportunity to reconfigure for additional units.
Property Features for 2524 Northeast Jackson Street
General Information
Additional Details
Building Details
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Investment Insights
Based on property information with market context.
Located in the Holland neighborhood of Northeast Minneapolis within the Northeast Minneapolis Arts District, the property benefits from a strong walkable arts-and-dining area. The Northrup King Building, a large art complex with hundreds of studios, is located down the block. Access to nearby retail and entertainment along the Central Avenue corridor and surrounding arts venues supports day-to-day convenience for residents.
From a leasing and ownership standpoint, the building is separately metered, with residents paying their own electric and gas while the owner covers water, sewer, and trash. Existing income includes on-site coin laundry and basement storage rooms that are not currently being billed. A unit is coming available now, creating a practical owner-occupant option while preserving the documented path to expand bedroom count through unit conversions and a lower-level non-conforming space already built with a finished bathroom, separate utilities, and additional infrastructure.
Key Highlights
- 100% occupied fourplex (Year Built 1891) with $5,510/month in‑place income ($66,120/year), and leases rolling through 2026.
- 2016 renovation: three of the four units updated with newer furnaces and water heaters, hardwood floors, and updated kitchens.
- Separate metering for all units; tenants pay their own electric and gas, while ownership covers water, sewer, and trash.
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 55418, MN
Market
Vacancy Rate% for Multifamily in Midwest region