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629 Oak Street Se, 
Minneapolis, MN 55414

$995,000


Bed


Bath


2,679

Sq Ft


Multi-Family

Active

Listed by

Laurie Allen

612-920-5605

Last updated:

May 1, 2025, 12:08 PM

MLS#

6704262

Source:

NSMLS

Company Logo

About This Home

629 Oak Street Se

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 an off-street parking spot. The front unit (#1) is currently occupied and generates a robust rental income of $3,020 per month, with a lease secured through August 26, 2025. The rear unit (#2) is also occupied, commanding a premium rent of $3,820 per month, with the same lease expiration. 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!

Home Facts

Multi-Family

Built in 1900

Price Summary

995,000

$371 per Sq. Ft.

MLS #:

6704262

Last Updated:

May 1, 2025, 12:08 PM

Added:

17 day(s) ago


Rooms & Interior

Interior

Living Area:

2,679 Sq. Ft.


Structure

Structure

Building Area:

2,679 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

4,356


Finances & Disclosures

Finances

Price:

$995,000

Price per Sq. Ft:

$371 per Sq. Ft.

629 Oak Street Se
Source:NSMLS
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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