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400 Marquette Ave
Minneapolis, MN 55401

4Marq · Residential Property For Sale · 261 Units

Investment Highlights

  • Historic basis advantage
  • Average rents below pre-pandemic rent levels
  • Opportunity to buy Type 1 construction when economically irreplaceable in today's market

PROPERTY FACTS

No. Units 261
Property Type Residential
Property Subtype Apartment
Apartment Style High Rise
Building Class A
Lot Size 0.36 AC
Building Size 278,527 SF
Average Occupancy 96%
Number of Floors 30
Year Built 2015
Parking Ratio 0.75/1,000 SF

Unit Amenities

  • Air Conditioning
  • Washer/Dryer
  • Heating
  • Kitchen
  • Granite Countertops
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Views
  • Wi-Fi
  • Wheelchair Accessible (Rooms)

Site Amenities

  • 24 Hour Access
  • Business Centre
  • Clubhouse
  • Fitness Centre
  • Property Manager on Site
  • Grill
  • Media Centre/Cinema
  • Lift
  • Lounge
  • Pet Washing Station

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
Studios 43 - 419 - 579
1+1 174 - 705 - 1,000
2+2 41 - 1,105
3+2 2 - 1,617
3+3 1 - 1,564

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-029-24-44-0094
Land Assessment
£3,187,487
Improvements Assessment
£46,780,797
Total Assessment
£49,968,284

zoning

Zoning Code B4-2 (Downtown Business District)
B4-2 (Downtown Business District)
  • Listing ID: 30767969

  • Date on Market: 25/01/2024

  • Last Updated:

  • Address: 400 Marquette Ave, Minneapolis, MN 55401

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