18-Unit Apartment
New
For Sale
$1,800,000
1116 2nd Street SE, Willmar, MN 56201
Residents have access to laundry and storage areas on every floor, with recent interior updates in multiple units.
Property SizeContact for details
Days on Market2
Property Features for 1116 2nd Street SE
General Information
Standard status
Active
Property subtype
Commercial
Property Condition
Severity
Repairs Needed
Evidence
Floor trim to be completed
Units
Unit Mix
12 x 2BR, 6 x 1BR
Multifamily Units
18
Amenities
laundry
storage
Building Details
Year Built
1972
Listing Agency:
Smart Choice Realty
Listed By:
The Antonov Group
(612) 445-4981
Source:
Theantonovgroup
Added: Oct 30
Changed: Oct 31
Last Checked: Oct 30 at 2:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Smart Choice Realty
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Investment Insights
Based on property information with market context.
This 18-unit apartment property includes twelve two-bedroom residences and six one-bedroom residences. Interior improvements include newer flooring and paint in the hallways, newer or recently installed luxury vinyl plank in eight apartments, and a full renovation of one two-bedroom unit apart from its bathtub. Several windows have also been replaced or updated. Floor trim work remains to be completed, and the building dates to 1972.
Laundry facilities and storage areas are located on each floor. The property is in Willmar, near shopping, schools, and parks.
Laundry facilities and storage areas are located on each floor. The property is in Willmar, near shopping, schools, and parks.
Key Highlights
- 18 apartments: twelve two‑bedroom units and six one‑bedroom units
- Eight units feature newer or new luxury vinyl plank flooring
- One two‑bedroom unit has been remodeled, excluding the bathtub
Property Analytics
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Lease Details
18
Residential units
Location Intelligence
Trade Area within ½ mile
859
Businesses Nearby
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Business Placement
Demographics for 56201, MN
24,575
Population
10,441
Households
2.4
Avg Household Size
36
Median Age
26%
College-Educated
87%
High-School Grad
118.1 sq mi
ZIP Area
208
Density / Sq Mi
$68,054
Median Household Income
$35,589
Median Earnings
$832
Median Rent
$199,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Residents have access to laundry and storage areas on every floor, with recent interior updates in multiple units.
Where is this apartment building located?
The property is located at 1116 2nd Street SE Willmar, MN.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 18 apartments: twelve two‑bedroom units and six one‑bedroom units; Eight units feature newer or new luxury vinyl plank flooring; One two‑bedroom unit has been remodeled, excluding the bathtub
