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RE/MAX Results is the brokerage office representing the seller for this listing.
Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Joy+Marci Realty Group is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Joy+Marci Realty Group, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Joy+Marci Realty Group is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Joy+Marci Realty Group, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
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{"Id":1371266,"ORGTABLE":"RAW_Property","MLSCLASS":"COM","MLSNUMBER":"NST6739026","MLSAGENTID":"NST502015303","MLSOFFICEID":"NST5353","ADDRESS":"228 40th Avenue NE","ACRES":0.37,"AGENTOWNER":false,"AUCTIONYN":false,"CITY":"Columbia Heights","CONTINGENCY":"None","COUNTY":"Anoka","CURRENTUSE":"Residential","DISTRIBUTEADDRESSTOINTERNET":true,"DISTRIBUTETOINTERNET":true,"EXTERIOR":"Brick/Stone,Stucco","FORECLOSURE":"No","LASTPRICE":799900.0,"LASTPRICEDATE":"2025-07-23T01:29:03.41","LATITUDE":45.040575,"LENDEROWNED":"No","LISTDATE":"2025-06-17T05:00:00","LISTPRICE":769900.0,"LIVINGAREA":6500.0,"LONGITUDE":-93.264383,"MODIFICATIONTIMESTAMP":"2025-07-23T01:29:03.411","OFFICE_OFFICENAME":"RE/MAX Results","PHOTOCOUNT":44,"POSTALCODE":"55421","POTENTIALSHORTSALE":"No","PUBLICREMARKS":"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.","ROADBETWEENWATERFRONTANDHOMEYN":false,"ROOF":"Asphalt","SALEINCLUDES":"Building,Leases","SCHOOLDISTRICTNUMBER":"13-Columbia Heights","SCHOOLDISTRICTPHONE":"763-528-4500","SEWER":"City Sewer/Connected","STATEORPROVINCE":"MN","STATUS":"Active","STATUSDATE":"2025-06-17T22:08:03.53","LASTSTATUS":"Active","STREETDIRSUFFIX":"NE","STREETNAME":"40th","STREETNUMBER":"228","STREETSUFFIX":"Avenue","STYLE":"Apartment","TRANSACTIONTYPE":"For Sale","WATER":"City Water/Connected","WATERFRONTPRESENT":false,"YEARBUILT":1962,"ZONING":"Business/Commercial","HASOPENHOUSE":false,"PHOTOTIMESTAMP":"2025-07-07T22:18:03.594","PHOTOREMARKS":"[{\"Order\":1,\"Remarks\":\"1200x900_100_1751536924768_1751486079594dji202507021251040099d.jpg\"},{\"Order\":2,\"Remarks\":\"1200x900_100_1751536922855_1751486077022dji202507021251480101d.jpg\"},{\"Order\":3,\"Remarks\":\"1200x900_100_1751536919392_1751486074535dji202507021253420104d.jpg\"},{\"Order\":4,\"Remarks\":\"1200x900_100_1751536930166_1751486071714dji202507021254080105d.jpg\"},{\"Order\":5,\"Remarks\":\"228 40 - 1 - 2.jpg\"},{\"Order\":6,\"Remarks\":\"228 40 - 1 - 3.jpg\"},{\"Order\":7,\"Remarks\":\"228 40 - 1 - 4.jpg\"},{\"Order\":8,\"Remarks\":\"228 40 - 1 - 5.jpg\"},{\"Order\":9,\"Remarks\":\"228 40 - 1 - 6.jpg\"},{\"Order\":10,\"Remarks\":\"228 40 - 1 - 8.jpg\"},{\"Order\":11,\"Remarks\":\"228 40 - 1 - 9.jpg\"},{\"Order\":12,\"Remarks\":\"228 40 - 1 -.jpg\"},{\"Order\":13,\"Remarks\":\"228 40 - 3 - 1.jpg\"},{\"Order\":14,\"Remarks\":\"228 40 - 3 - 2.jpg\"},{\"Order\":15,\"Remarks\":\"228 40 - 3 - 3.jpg\"},{\"Order\":16,\"Remarks\":\"228 40 - 3 - 4.jpg\"},{\"Order\":17,\"Remarks\":\"228 40 - 3 - 5.jpg\"},{\"Order\":18,\"Remarks\":\"228 40 - 3 - 6.jpg\"},{\"Order\":19,\"Remarks\":\"228 40 - 3 - 7.jpg\"},{\"Order\":20,\"Remarks\":\"228 40 - 4 - 1.jpg\"},{\"Order\":21,\"Remarks\":\"228 40 - 4 - 2.jpg\"},{\"Order\":22,\"Remarks\":\"228 40 - 4 - 3.jpg\"},{\"Order\":23,\"Remarks\":\"228 40 - 4 - 4.jpg\"},{\"Order\":24,\"Remarks\":\"228 40 - 4 - 5.jpg\"},{\"Order\":25,\"Remarks\":\"228 40 - 4 - 6.jpg\"},{\"Order\":26,\"Remarks\":\"228 40 - 4 - 7.jpg\"},{\"Order\":27,\"Remarks\":\"228 40 - 4 - 8.jpg\"},{\"Order\":28,\"Remarks\":\"228 40 - 4 -.jpg\"},{\"Order\":29,\"Remarks\":\"228 40 - 5 - 1.jpg\"},{\"Order\":30,\"Remarks\":\"228 40 - 5 - 2.jpg\"},{\"Order\":31,\"Remarks\":\"228 40 - 5 - 3.jpg\"},{\"Order\":32,\"Remarks\":\"228 40 - 5 - 4.jpg\"},{\"Order\":33,\"Remarks\":\"228 40 - 5 - 5.jpg\"},{\"Order\":34,\"Remarks\":\"228 40 - 5 - 6.jpg\"},{\"Order\":35,\"Remarks\":\"228 40 - 5 - 7.jpg\"},{\"Order\":36,\"Remarks\":\"228 40 - 5 - 8.jpg\"},{\"Order\":37,\"Remarks\":\"228 40 - 5 - 9.jpg\"},{\"Order\":38,\"Remarks\":\"228 40 - 7 - 1.jpg\"},{\"Order\":39,\"Remarks\":\"228 40 - 7 - 2.jpg\"},{\"Order\":40,\"Remarks\":\"228 40 - 7 - 3.jpg\"},{\"Order\":41,\"Remarks\":\"228 40 - 7 - 4.jpg\"},{\"Order\":42,\"Remarks\":\"228 40 - 7 - 6.jpg\"},{\"Order\":43,\"Remarks\":\"228 40 - 7 - 7.jpg\"},{\"Order\":44,\"Remarks\":\"1200x900_100_1751536927641_1751486067886dji202507021254320106d.jpg\"}]","PHOTOORDER":"1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30,31,32,33,34,35,36,37,38,39,40,41,42,43,44","SOURCE":"MG_NST"}
{"ListingKey":"NST7759165","LotSizeArea":"0.37","NST_AgeOfProperty":"63","NST_AgentOwner":"No","InternetAutomatedValuationDisplayYN":"True","InternetConsumerCommentYN":"False","AssociationAmenities":"Coin-op Laundry Owned","NST_AssessmentPending":"No","BasementYN":"True","PropertySubType":"Apartment","City":"Columbia Heights","PropertyType":"Commercial Sale","Contingency":"None","CountyOrParish":"Anoka","CurrentUse":"Residential","DaysOnMarket":"35","CumulativeDaysOnMarket":"35","Directions":"694 to University Ave. (south) to 40th Ave. (West) 1 block property","InternetAddressDisplayYN":"True","InternetEntireListingDisplayYN":"True","ElectricExpense":"380","FuelExpense":"4937","InsuranceExpense":"6358","MaintenanceExpense":"3500","OtherExpense":"2000","TrashExpense":"2869","WaterSewerExpense":"5079","ConstructionMaterials":"Brick/Stone,Stucco","NST_ForeclosureStatus":"No","FoundationArea":"3300","NST_FractionalOwnershipYN":"No","RoadFrontageType":"City Street","NST_Fuel":"Natural Gas","ParkingFeatures":"Paved","GrossIncome":"100332","AccessibilityFeatures":"None","Heating":"Baseboard,Boiler","OriginalEntryTimestamp":"2025-06-17T22:02:56Z","LandLeaseYN":"False","NST_LastUpdateDate":"2025-07-22","Latitude":"45.040575","NST_LenderOwned":"No","ListAgentKey":"NST40436","ListAgentMlsId":"NST502015303","ListingContractDate":"2025-06-17T05:00:00Z","ListOfficeKey":"NST16256","ListOfficeName":"RE/MAX Results","ListOfficeMlsId":"NST5353","ListPrice":"769900","Longitude":"-93.264383","LotSizeDimensions":"80x198","LotSizeUnits":"Acres","ListingId":"NST6739026","SourceSystemName":"RMLS","MapCoordinateSource":"King's Street Atlas","AdditionalParcelsYN":"False","NetOperatingIncome":"59677","NST_OfficeBoard":"MAAR","NST_OwnerOccupied":"No","OwnerPays":"Gas,Insurance,Repairs,Trash Collection","ParcelNumber":"353024320102","GarageSpaces":"0","NST_ParkingOpen":"8","PhotosCount":"44","PostalCity":"Minneapolis","PostalCode":"55421","NST_PotentialShortSale":"No","PublicRemarks":"Fully rented and updated 8-unit apartment building; 7 two-bedrooms and one studio! 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