USAMNShakopeeHesses 1St Add1409 Shakopee Ave E
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$1,549,000

Sold

7 months ago

1409 Shakopee Ave E, Shakopee, MN

Condo

MLS® 6766095

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $15,402
Approx. Age 1970
MLS® Number 6766095

Property Address: 1409 Shakopee Ave E, Shakopee, MN, 55379-2956

Average square foot calculated using Size range provided by listing agent.

Description

1409 E Shakopee Ave is a rare opportunity to acquire a stable 10-unit apartment complex in the highly sought after city of Shakopee, MN. The unit mix is nine two-bedroom, one-bath and a unique three-bedroom, one-bath apartment. Long-term owners have kept this asset in perfect condition, with a historically low vacancy rate, and a zero accounts receivable record. The exterior features a classical well tuckpointed Chicago brick look with vinyl replacement windows new in 2016. Apartments are above average square feet compared to the market and have corridor kitchens, eat-in-dining areas, and spacious living rooms with large picture windows. Residents enjoy plenty of extra closet space within the units plus lower level additional storage lockers. Amenities to point out are the newer coin operated washers and dryers, secured keyless entrances for safety, super over-sized parking lot for residents and guests, and close to downtown main street Shakopee with many newer business’s and shoppes. Fully occupied with below market rents that can be raised organically over time in a non rent-controlled community. Newer hot water boiler (2022) and hot water heater (2023) are a bonus for a new owner!!
MLS® Number6766095
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1970
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Land, Leases

Price History

Aug 28, 2025End Date
$1,565,000Sold Price

Sold

Aug 3, 2025List Date
$1,549,000List Price
  • Commute

Commute

Starting Address
Destination Address
1409 Shakopee Ave E, Shakopee, MN

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