Anand Prashad, Broker
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1500 10th Avenue S, Minneapolis, MN 55404

$1,300,000
SQUARE FEET 10,020
MLS# 7090913
  • 1500 10th Avenue S, Minneapolis, MN 55404 Main Photo

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Anand Prashad, Broker

Anand Prashad, Broker
Call: (612) 790-6080

STATUS: Active
PROPERTY TYPE: Commercial - Business
SUBDIVISION: J S & W Elliots Add
SCHOOL: Minneapolis

Property Description

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.

1500 10th Avenue S | MLS# 7090913

This commercial property located at 1500 10th Avenue S, Minneapolis, MN 55404 is currently listed for sale with an asking price of $1,300,000. 10th Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on aprashad.counselorrealty.com today.

Property Features

Property Type: Commercial - Business
Fuel Type: Electric, Natural Gas
Heating: Baseboard, Boiler
Lot Size: 0.25 Acres
Stories: 2.0
Taxes: $23,343
Year Built: 1968

Feature Descriptions

Current Use: Residential
Days on Site: 81
Foundation Size: 3340
Lot Dimensions: 75.10 X 145.00
Owners Expense: Gas, Repairs, Trash Collection, Water
Parcel#: 2602924310065
Parking: Parking Lot, Paved Lot
Sale Includes: Building, Land
Sewer: City Sewer/Connected
Tenant Expenses: Escalation
Units: 12
Utilities: Electric Separate
Water: City Water/Connected

Local Schools

School District: Minneapolis

Listed By / Shown By

Listed By

Agency Name: HomeSmart Sapphire Realty
Agency Phone: 612-223-6319

Shown By

Agent Name: Anand Prashad, Broker
Agent Phone: (612) 790-6080
Agency Title: Counselor Realty

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