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.
Listed By
Agency Name: HomeSmart Sapphire Realty
Agency Phone: 612-223-6319
Shown By
Agency Title: Joel Hentges - Re/Max Advantage Plus
Agency Phone: 952-475-9541
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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 www.homesbyjoel.com today.