2413 1st Avenue S Minneapolis, MN 55404
New
- Added:
- Mar 31, 2026
- Days on Market:
- 7
- Last Refresh:
- Apr 6 at 2:06 pm
Property Features for 2413 1st Avenue S
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Residential-Multi-Family
- Bedrooms
- 18
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Driveway
- Exterior features
- Fiber Board, Stucco
- Appliances
- Cooktop, Dishwasher, Dryer, Freezer, Garbage Disposer, Microwave, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 3402924130009
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 22723
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2022
- Flooring type
- Carpet, Tile, Vinyl
- Roof type
- Asphalt, Shingle
- Architectural style
- Other
Listing agent Eric Ollestad (763) 746-4900
Listing office Keller Williams Classic Realty 1740 116th Avenue NW, Coon Rapids, MN (763) 746-4900
Listing date Mar 31, 2026
MLS# 7045824
Listing URL
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Modern Multifamily Building Near MCAD
Constructed in 2022, this multifamily building in Minneapolis features 18 bedrooms and 15 bathrooms across 6 units. Each unit includes cabinetry, appliances, quartz countertops, kitchen center islands, front-load washer and dryer sets, and private balconies. The building showcases a modern design with tiled bathroom floors and showers. Situated one block from the Minneapolis College of Art and Design (MCAD), the property is suitable for student housing, young professionals, or long-term tenants. The 0.14-acre lot is zoned for residential multi-family use. The previous tenant rented the entire building for $15,000 per month, covering all utilities and exterior maintenance. The current lease ends in April 2026. Units are actively leasing, with projected total rents exceeding $15,500 per month. Located in Hennepin County, the property requires minimal maintenance or repairs.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Minneapolis
- County
- Anoka
- State
- Minnesota
- Longitude
- -93.276198
- Latitude
- 44.958665
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Newer 6-unit building near Minneapolis College of Art and Design.
Where is this apartment building located?
The property is located at 2413 1st Avenue S Minneapolis, MN.
What is the asking price?
The asking price for this property is $1,999,900.
What are key features of this property?
This property features: Exceptional cash flow potential with projected rents exceeding $15,500 per month.; Nearly new construction (built in 2022) minimizing maintenance and repair costs.; Six modern units with 18 bedrooms and 15 bathrooms featuring high‑quality finishes: cabinetry, quartz countertops, premium appliances, tiled bathroom floors and showers, and front‑load washer/dryer sets.
