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    2110 Park Ave Minneapolis, MN 55404

    New
    For Sale
    $2,380,000

    Commercial - Minneapolis, MN

    Lot size:
    0.27 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 6 at 5:06 am

    Property Features for 2110 Park Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential-Multi-Family
    APN
    3502924220011
    Parking features
    Parking Lot
    Exterior features
    Brick/Stone
    Lot size
    0.27 Acres

    Utilities

    Cooling system
    Wall Unit(s)

    Building Details

    Year built
    1959
    Architectural style
    Other

    National Realty Guild (651) 330-8001 [email protected]

    Listing agent Victoria Yepez (651) 330-8001

    Listing date Dec 1, 2025

    MLS# 6823043 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Minneapolis Multifamily Investment Opportunity

    This well-maintained multifamily property features 22 units, including 5 studios and 17 one-bedroom units, situated in a prime Minneapolis location. 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, which is expected to significantly enhance long-term cash flow. The property is located on a 0.27-acre lot. Strong rental demand is supported by the property's proximity to Downtown Minneapolis, major transit lines, hospitals, and employment centers. This is an excellent opportunity for investors seeking a stabilized asset with substantial operating savings and continued value-add potential. The zoning is Residential-Multi-Family.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.265614
    Latitude
    44.961451

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained 22-unit multifamily property in prime Minneapolis location.
    Where is this apartment building located?
    The property is located at 2110 Park Ave Minneapolis, MN.
    What is the asking price?
    The asking price for this property is $2,380,000.
    What are key features of this property?
    This property features: - 78.8% property tax reduction starting in 2026 due to 4d Affordable Housing Incentive Program acceptance.; - Prime Minneapolis location near Downtown, transit, hospitals, and employment centers.; - Strong rental demand due to desirable location.
    (651) 330-8001
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    Minneapolis, MN 55404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2110 Park Ave Minneapolis, MN 55404
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