21 Malcolm Avenue SE, Minneapolis, MN 55414
- $560,000
- 6
- BD
- 6
- BA
- 4,127
- SqFt
- Sold Price
- $560,000
- List Price
- $589,900
- Closing Date
- Jun 05, 2026
- MLS#
- 7050238
- Status
- CLOSED
- Type
- Multifamily
- Style
- (MF) Apartments
- Bedrooms
- 6
- Bathrooms
- 6
- Living Area
- 4,127
- Acres
- 0.40
- Subdivision
- Eustis Park
- Neighborhood
- 65
- Year Built
- 1888
Property Description
Own of of Prospect Park's legacy properties - where the possibilities are endless! Right now the building has 3 active units, but in the past has been as many as 5 separate units. Zoned for Apartments, it would be easily possible to get a few of the kitchens back in and turn this back into a huge money making property! Incredible lot for the area, there is even increased value add down the line as this property will be key to any future development in the area. Currently the main floor and 1/2 of the upper floor make a grand apartment for an owner occupant filled with charming woodwork, hardwood floors, decorated ceilings & details thru out. 3 baths and 3BRs in this unit with a grand hall entrance. 2nd floor has a 1 bedroom apartment with continued charm and woodwork galore. The 3rd floor is a fantastic 2BR utilitarian apartment that is easy to maintain and rent to students. Basement is dry with high ceilings and could be turned into another living space if desired. Right now there is a recently updated bath, wine cellar and storage lockers for the tenants. 3 car garage and large yard. Stunning wrap around porch. Perfect for an owner occupant or could be great for an investors as well. Well maintained, but due to memory issues of the current seller, property will be sold as-is.
Additional Information
- School District
- Minneapolis
- Tax Year
- 2026
- Fuel
- Natural Gas
- Lot Description
- Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Light
- Sewer
- City Sewer - In Street
- Roof
- Architectural Shingle
- Heating
- Hot Water
- Water
- City Water/Connected
- Basement
- Shared Access, Storage/Locker, Storage Space
- Parking
- Detached Garage
- Garage Spaces
- 3
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Listing courtesy of RE/MAX Results.
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