Neighborhood
6408 14th Ave S, Minneapolis, MN 55423
2 beds · 1 bath · 616 sq ft · Lot: 10,019 sq ft · Single Family Home · Last Sold: $245K in 2024 · Built: 1949
Est. Rent:
$2K/month

6408 14th Ave S Minneapolis, MN 55423

2 beds · 1 bath · 616 sq ft · Lot Size: 10,019 sq ft · Single Family Home · Northeast Richfield

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6408 14th Ave S is in the Northeast Richfield neighborhood of Minneapolis, MN. It is located in Hennepin County and ZIP code 55423. This Single Family Home was built in 1949 and is approximately 76 years old. The single family home spans 616 sq ft with 2 bedrooms and 1 bathroom and sits on a 10019 sq ft lot. According to public records, it was last sold in 2024 for $245,000 and has a tax-assessed value of $235,300. The Northeast Richfield area of Minneapolis has 225 residential homes with an average size of 1302 sq ft. Analyze and compare real estate investment strategies for properties like this home at 6408 14th Ave S Minneapolis, MN 55423 with Property Intel by Whitepages.

Investment Potential for 6408 14th Ave S

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Long-Term

Gross Rental
$24,000 per year($2,000 per month)
Net Operating Income
Cap Rate
Occupancy Rate
96%in 55423 zip code
 
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Owners & Occupancy for 6408 14th Ave S

No contact information is available.

Occupancy

Property Details for 6408 14th Ave S

Property Details

Property Sq Ft

Living Area

616 sq ft

53% below market

Lot Size

10,019 sq ft

21% above market

Property condition, age, exterior, etc. for 6408 14th …
Longitude: -93.255836 Latitude: 44.886722 Parcel Number (APN): 26-028-24-13-0117…
Mortgage originated on through lender: Cross Cntry Mtg for$******View Mortgage Details
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Market Benchmarks

Compare data for 6408 14th Ave S in Hennepin County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
YoY Price Change
Year Built
1949
1975
-26 years
Living Space
616 sq ft
1,258 sq ft
-642 (-51%)
$ Per Living Sq Ft
Lot Size
10,019 sq ft
8,712 sq ft
1307 (15%)
$ Per Lot Sq Ft

Net Operating Income
$18,777
-$1,105 (-6%)
Annual Revenue
$24,000
$26,400
-$2,400 (-9%)
$7,585
-$1,257 (-17%)
Net Operating Income
$18,777
-$1,105 (-6%)
Cap Rate
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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