2110 Park Avenue, Minneapolis, MN

$2,380,000

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0.27

Acres

About 2110 Park Avenue

Well-maintained 22-unit multifamily property in a prime Minneapolis location, featuring 5 studios and 17 one-bedroom units. Several recent improvements include updated units, refreshed common hallways, and a new roof. The property has been accepted into the 4d Affordable Housing Incentive Program, resulting in a 78.8% reduction in property taxes beginning in 2026, significantly enhancing long-term cash flow. Strong rental demand due to its proximity to Downtown Minneapolis, major transit lines, hospitals, and employment centers. Excellent opportunity for investors seeking a stabilized asset with substantial operating savings and continued value-add potential.

Features of 2110 Park Avenue

MLS® # 6823043
Price $2,380,000
Acres 0.27
Year Built 1959
Type Commercial Sale
Sub-Type Apartment
Status Active

Community Information

Address 2110 Park Avenue
Area Ventura Village
Subdivision G N Merriams Add
City Minneapolis
County Hennepin
State MN
Zip Code 55404

Amenities

Amenities Coin-op Laundry Owned
Utilities Electric Separate
Parking Parking Lot
Is Waterfront No
Has Pool No

Interior

Heating Boiler
Cooling Wall Unit(s)
Fireplace No

Exterior

Construction Brick/Stone

School Information

District Minneapolis

Additional Information

Days on Market 73
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $6,766

Listing Details

OfficeNational Realty Guild

Listing Map

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