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Six-Unit Apartment Building
New
For Sale
$675,000

924 21st Avenue S, Minneapolis, MN 55404

Commercial Sale, Minneapolis, MN

Property SizeContact for details
Lot Size0.21 Acres
Days on Market1

Property Features for 924 21st Avenue S

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Residential-Multi-Family
Parking features Parking Lot
Exterior features Vinyl
High school district Minneapolis
Directions 94W to Property
Standard status Active
APN 2502924330090
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 3781

Utilities

Heating system Baseboard

Amenities

balconies

Building Details

Year built 1982
Listing Agency: DRG
Listed By: Joe Michael Grunnet
Added: Aug 27 Last Checked: Aug 27 at 11:06PM
MLS# 7134842

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.

Investment Insights

Based on property information with market context.

This six-unit apartment building was constructed in 1982 and features a townhome-style layout. Four units extend across two levels and include balconies. The property has vinyl exterior elements, baseboard heating, and a dedicated parking lot on a 0.21-acre site.

Public transportation is within walking distance, and the building is positioned south of I-94W. Augsburg and the University of Minnesota are nearby, along with restaurants and cultural destinations including A Bar of Their Own, Pizza Luce, and Cedar Cultural Center.

Key Highlights

  • Six‑unit townhome‑style apartment building
  • Four units feature two‑level layouts with balconies
  • 0.21‑acre site with an on‑site parking lot

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Nail Salon Electrical Service HVAC Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,331
Businesses Nearby

Demographics for 55404, MN

29,322
Population
14,372
Households
2
Avg Household Size
32
Median Age
35%
College-Educated
81%
High-School Grad
1.8 sq mi
ZIP Area
16,290
Density / Sq Mi
$43,932
Median Household Income
$35,970
Median Earnings
$1,063
Median Rent
$294,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Townhome-style apartments with balconies, off-street parking, and walkable public transportation access.
Where is this apartment building located?
The property is located at 924 21st Avenue S Minneapolis, MN.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Six‑unit townhome‑style apartment building; Four units feature two‑level layouts with balconies; 0.21‑acre site with an on‑site parking lot
More about this property
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