02/19/2026
🌟🌟 PRICE IMPROVED 🌟🌟
🏣 Income-Producing Mixed-Use Opportunity ✨
📍 3116 Emerson Ave N, Minneapolis, MN 55411
MLS #6826724
💰 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.
🔹 7,167 sq ft
🔹 6 total units
🔹 10 on-site parking stalls
🔹 Business commercial zoning | residential border
💵 Current Income Breakdown:
➡️ Salon Unit: $900/month
➡️ Church Unit: $1,873/month
➡️ Apt 1 | Efficiency: $700/month
➡️ Apt 2 | 1 Bed: $978/month
➡️ Apt 3 | 1 Bed: $1,050/month
➡️ Apt 4 | 1 Bed: $1,100/month
That’s diversified income from both commercial and residential tenants — a strong hedge for investors looking for stability.
✨ Prime Location Highlights (1-Mile Radius):
• 21,485 population
• $74,819 average household income
• 67.6% employment rate
• Average age 30.1
• Surrounded by dining, shopping, fitness, education, and community amenities
This could be a strong addition to your portfolio whether you’re a first-time investor or looking to expand into mixed-use assets.
📩 Message me for rent roll, expenses, and cap rate analysis. Let’s see if this fits your investment strategy.