2506 Dupont Ave, Minneapolis, MN 55411

This exceptional investment opportunity presents a well-maintained four-unit multifamily property located at 2506 Dupont Ave N, Minneapolis, MN 55411, in Hennepin County. The property, built in 1910 and renovated in 2024, boasts a total of 4,200 square feet, with 2,800 square feet of net rentable space spread across two stories in a single building. Situated on a 5,075 square foot lot, this property offers a compelling 10% capitalization rate. Currently, the occupancy rate stands at 50%. The asking price is $550,000. This owner-user investment is ideal for those seeking a strong cash flow opportunity. The property's location provides convenient access to essential services, public transportation, and community amenities, ensuring a consistent tenant base. While not situated in a high-end area, its affordability and steady rental demand make it a dependable addition to any investment portfolio. The property's functional living spaces in each unit contribute to its appeal. This is a solid investment in a stable market.