1500 10th Avenue S, Minneapolis, MN

$1,300,000

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1

Bed

1

Bath

0.25

Acres

About 1500 10th Avenue S

Exceptional investment opportunity in high-demand Elliot Park! This well maintained 12-unit apartment building features spacious one bedroom, one bath units with generous living areas, several of which have been tastefully remodeled. Located just minutes from downtown Minneapolis, the property enjoys a highly walkable location with excellent access to public transit. Close to parks, universities, shopping, and dining. Strong rental history units are always occupied and lease quickly in this high-demand area. Current rents are below market, offering significant upside potential for the next owner. A standout feature: one of the few buildings in the area with a large off-street parking lot accommodating one car per unit, a major draw for tenants. Solid cash flow today with room to grow.

Features of 1500 10th Avenue S

MLS® # 7090913
Price $1,300,000
Bedrooms 1
Bathrooms 1.00
Acres 0.25
Year Built 1968
Type Commercial Sale
Status Active

Community Information

Address 1500 10th Avenue S
Area 24
Subdivision J S & W Elliots Add
City Minneapolis
County Hennepin
State MN
Zip Code 55404

Amenities

Utilities Electric Separate
Parking Parking Lot, Paved Lot
Is Waterfront No
Has Pool No

Interior

Heating Baseboard, Boiler
Fireplace No

Exterior

Exterior Features Brick Veneer

School Information

District Minneapolis

Additional Information

Days on Market 33
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $23,343

Listing Details

OfficeHomeSmart Sapphire Realty

Listing Map

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