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763-463-9490
Luke Team Real Estate
629 Oak Street SE, Minneapolis, MN 55414
- $699,000
- 10
- BD
- 4
- BA
- 2,679
- SqFt
- Sold Price
- $699,000
- List Price
- $699,000
- Closing Date
- Nov 21, 2025
- MLS#
- 6704262
- Status
- CLOSED
- Type
- Multifamily
- Bedrooms
- 10
- Bathrooms
- 4
- Living Area
- 2,679
- Acres
- 0.10
- Subdivision
- Meeker Island Land & Power Co Add Rev
- Neighborhood
- 65
- Year Built
- 1900
Property Description
Discover an exceptional front-to-back multi-level duplex nestled in the vibrant heart of Stadium Village at the University of Minnesota! This renovated property, features a rear addition completed in 2010, and offers the perfect blend of modern comfort and student-friendly living. Each of the spacious units boasts 5 inviting bedrooms, 1.75 stylish baths, and private decks perfect for relaxation. Enjoy the convenience of in-unit laundry, separate mechanical systems, and the added perk of a detached 1-car garage and 2 additional off-street parking spaces! The front unit (#1) is currently occupied and generates a robust rental income of $3,075/month, with a lease secured through 8/26/26. The rear unit (#2) is vacant and commanded a rent of $3,820/month. The seller covers the water, sewer, and trash bills, while charging tenants a modest reimbursement fee of $25 per tenant per month for these essential utilities. This property stands out as a premier investment opportunity for student housing, making it an invaluable addition to any real estate portfolio. Don’t miss out on this remarkable chance to invest in a thriving community!
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Additional Information
- School District
- Minneapolis
- Tax Year
- 2025
- Fencing
- None
- Fuel
- Natural Gas
- Lot Description
- Public Transit (w/in 6 blks), Tree Coverage - Medium
- Sewer
- City Sewer/Connected
- Roof
- Age Over 8 Years, Asphalt
- Topography
- Level
- Heating
- Forced Air
- Water
- City Water/Connected
- Basement
- Block, Full, Storage Space
- Parking
- Assigned, Detached Garage, Asphalt, Open
- Garage Spaces
- 1
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Listing courtesy of Coldwell Banker Realty - Lakes.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
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