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Triplex with Shared Parking
For Sale
$949,900

810 6th Street SE, Minneapolis, MN 55414

Residential Income, Minneapolis, MN

Property Size3,276 SF
Lot Size0.13 Acres
Price / SF$289.96
Days on Market152

Property Features for 810 6th Street SE

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning description Residential-Multi-Family
Bedrooms 11
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 6, Bedroom 5, Bedroom 7, Bedroom 3, Bedroom 9, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 1, Bedroom 11, Bathroom 5, Bedroom 2, Bathroom 1, Bathroom 4, Bedroom 8, Bedroom 10
Parking features Parking Lot
Patio and Porch features Porch, Deck
Subdivision Mill Cos Add To St Anthony Falls
Lot features Public Transit (w/in 6 blks), Tree Coverage - Light
High school district Minneapolis
Directions 35W S, W onto 5th St SE, NE onto SE 8th Ave, right onto 6th St SE, home on right.
Standard status Active
APN 2402924230033
Size 3,276 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 13050

Utilities

Heating system Hot Water(Heating)

Amenities

coin-op laundry

Building Details

Year built 1902
Listing Agency: eXp Realty
Listed By: Marissa Winegarden
Added: May 11 Changed: Oct 9 Last Checked: Oct 9 at 12:06PM
MLS# 7068805

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The 810 6th Street SE property is a triplex built in 1902, with 3,276 square feet of building area. Features include hot water heating, a porch, and a deck.

The triplex is offered concurrently with the duplex at 806 6th Street SE as a bundled sale. The buildings share a 20-space parking lot. The properties are in Minneapolis, near the University of Minnesota campus.

Key Highlights

  • Triplex building contains 3,276 square feet
  • Built in 1902
  • Shared parking lot has 20 spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$47,865
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$957,300 $957.3K
Cap Rate 7%
$683,786 $683.8K
Cap Rate 9%
$531,833 $531.8K
Market Conditions
NOI Build-Up for 3,276 SF
Gross rent
$72.7K $22.20/SF
− Vacancy
−$4.3K −$1.33/SF
EGI
$68.4K $20.87/SF
− OpEx
−$20.5K −$6.26/SF
NOI
$47.9K $14.61/SF
Area
Minneapolis, MN
Vacancy
5.98%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$957,300
Cap Rate 7%
$683,786
Cap Rate 9%
$531,833

Alternative Uses

Best Use
Multifamily LT 5
$683.8K
$598.3K – $797.8K (±1% cap)
NOI $47,865 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$628.0K
$549.5K – $732.7K (±1% cap)
NOI $43,963 @ 7.0% cap · market cap 4.63%
Theoretical Best
Office A
$781.6K
$683.9K – $911.9K (±1% cap)
NOI $54,711 @ 7.0% cap · market cap 5.76%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Nail Salon Auto Parts Store Daycare Center Accounting Firm (Bike/Boat/Book/etc) Store Veterinary Clinic

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,479
Businesses Nearby

Demographics for 55414, MN

36,600
Population
15,541
Households
2.4
Avg Household Size
26
Median Age
68%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
11,806
Density / Sq Mi
$47,004
Median Household Income
$18,386
Median Earnings
$1,368
Median Rent
$454,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Offered alongside a neighboring duplex, the property is part of a two-building package with a shared parking lot.
Where is this triplex located?
The property is located at 810 6th Street SE Minneapolis, MN.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: Triplex building contains 3,276 square feet; Built in 1902; Shared parking lot has 20 spaces
More about this property
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