1 of 44 - 228 40th Avenue Ne, Columbia Heights, MN Save the listing
2 of 44 - 228 40th Avenue Ne, Columbia Heights, MN
3 of 44 - 228 40th Avenue Ne, Columbia Heights, MN
4 of 44 - 228 40th Avenue Ne, Columbia Heights, MN
5 of 44 - 228 40th Avenue Ne, Columbia Heights, MN
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228 40th Avenue Ne, Columbia Heights, MN

$769,900

6,500

Square feet

0.37

Acres

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About 228 40th Avenue Ne

Fully rented and updated 8-unit apartment building; 7 two-bedrooms and one studio! Recent updates include a newer boiler, windows, washer/dryer with credit card reader, and new flooring in many units. Enjoy a 7.5% CAP rate at current rents, and some units are renting below market rates.

Features of 228 40th Avenue Ne

MLS® # 6739026
Price $769,900
Square Footage 6,500
Acres 0.37
Year Built 1962
Type Commercial
Sub-Type Apartment Building
Style Apartment
Status Pending
Contingency Type None

Community Information

Address 228 40th Avenue Ne
Subdivision Rear Bl E Col Heights Annex
City Columbia Heights
County Anoka
State MN
Zip Code 55421

Amenities

Amenities Coin-op Laundry Owned
Garages Paved
Is Waterfront No
Has Pool No

Interior

Heating Baseboard, Boiler
Fireplace No
Has Basement No

Exterior

Roof Asphalt
Construction Brick/Stone, Stucco

School Information

District Columbia Heights

Additional Information

Zoning Business/Commercial
Foreclosure No
Short Sale No
Taxes $15,847
Tax Year 2025
Office RE/MAX Results

Listing Details

OfficeRE/MAX Results

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