02/19/2026
ππ PRICE IMPROVED ππ
π£ Income-Producing Mixed-Use Opportunity β¨
π 3116 Emerson Ave N, Minneapolis, MN 55411
MLS #6826724
π° List Price: $409,900
Looking for a fully leased investment property with multiple income streams? This 6-unit mixed-use building is 100% occupied and generating steady income from day one.
πΉ 7,167 sq ft
πΉ 6 total units
πΉ 10 on-site parking stalls
πΉ Business commercial zoning | residential border
π΅ Current Income Breakdown:
β‘οΈ Salon Unit: $900/month
β‘οΈ Church Unit: $1,873/month
β‘οΈ Apt 1 | Efficiency: $700/month
β‘οΈ Apt 2 | 1 Bed: $978/month
β‘οΈ Apt 3 | 1 Bed: $1,050/month
β‘οΈ Apt 4 | 1 Bed: $1,100/month
Thatβs diversified income from both commercial and residential tenants β a strong hedge for investors looking for stability.
β¨ Prime Location Highlights (1-Mile Radius):
β’ 21,485 population
β’ $74,819 average household income
β’ 67.6% employment rate
β’ Average age 30.1
β’ Surrounded by dining, shopping, fitness, education, and community amenities
This could be a strong addition to your portfolio whether youβre a first-time investor or looking to expand into mixed-use assets.
π© Message me for rent roll, expenses, and cap rate analysis. Letβs see if this fits your investment strategy.