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2528 17th Avenue S, Minneapolis, MN

$875,000

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0.17

Acres

About 2528 17th Avenue S

Excellent opportunity to acquire a fully occupied 10-unit apartment building with strong in-place cash flow. This well-maintained property features updated units, a newer roof, updated exterior wood components, replacement shakes, and newer windows, helping reduce future capital expenditures. Generating approximately $117,000 in annual gross rental income, this stabilized asset offers immediate income with additional upside through long-term ownership. All units are occupied, providing consistent cash flow from day one. Ideal for investors looking to expand their portfolio or complete a 1031 exchange.

Features of 2528 17th Avenue S

MLS® # 7086019
Price $875,000
Acres 0.17
Year Built 1963
Type Commercial Sale
Status Active

Community Information

Address 2528 17th Avenue S
Area 22
Subdivision Gilpatricks Add
City Minneapolis
County Hennepin
State MN
Zip Code 55404

Amenities

Utilities Electric Separate, Heating Common
Parking Asphalt, Parking Lot, Paved Lot, Open
Is Waterfront No
Has Pool No
Pool None

Interior

Heating Baseboard
Fireplace No

Exterior

Exterior Features Stone, Shakes, Stucco
Lot Description Public Transit (w/in 6 blks), Tree Coverage - Light
Roof Age 8 Years or Less, Asphalt

School Information

District Minneapolis

Additional Information

Days on Market 36
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $11,660

Listing Details

OfficeCompass

Listing Map

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