Listing Agency: eXp Realty m***@exprealty.net Show Phone

Listed By: Carter Nelson Show Phone

Source: Exprealty

Added: Jul 24 Changed: Sep 7 Last Checked: Sep 14 at 10:07AM

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Investment Insights

Based on property information with market context.

This six-unit multifamily property is arranged with each unit offering one bedroom and one bathroom. The units are separately metered for gas and electricity, and tenants provide their own window air conditioning units. One unit includes a private porch. The building also features a concrete front patio, an unfinished basement, and two detached single-car garages that can support additional tenant storage.

Set on a spacious corner lot, the property provides ample off-street parking for tenants. The unfinished basement offers room to add shared laundry facilities or finish the space to further improve the property.

Zoned Residential-Multi-Family, the home is located within the Kimball School District.

Key Highlights

• Six 1‑bedroom, 1‑bath multifamily units on a corner lot
• Units are separately metered for gas and electricity
• Natural gas city sewer connected and city water connected

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Butcher Real Estate Agency Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6

Residential units

Location Intelligence

Trade Area within ½ mile

118

Businesses Nearby

Explore this area Business Placement

Demographics for 55353, MN

3,247

Population

1,333

Households

2.4

Avg Household Size

40

Median Age

19%

College-Educated

92%

High-School Grad

81.2 sq mi

ZIP Area

40

Density / Sq Mi

$87,969

Median Household Income

$50,679

Median Earnings

$768

Median Rent

$320,600

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Six one-bedroom, one-bath units are separately metered for gas and electricity on a corner lot.

Where is this apartment building located?

The property is located at 81 Linden Avenue W Kimball, MN.

What is the asking price?

The asking price for this property is $439,900.

What are key features of this property?

This property features: Six 1‑bedroom, 1‑bath multifamily units on a corner lot; Units are separately metered for gas and electricity; Natural gas city sewer connected and city water connected