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22-Unit Apartment Building
For Sale
$2,068,000

2110 Park Ave, Minneapolis, MN 55404

Multifamily property with capital improvements, refreshed common areas, and a recently installed roof.

Property Size15,300 SF
Price / SF$135.16
Days on Market15

Property Features for 2110 Park Ave

General Information

Standard status Active
Size 15,300 SF

Additional Details

Public Transit Yes
Multifamily Units 22

Building Details

Year Built 1959
Listing Agency: RE/MAX Results
Listed By: Todd Fairbanks
Source: Agoodlifegroup
Added: Aug 17 Changed: Aug 31 Last Checked: Aug 30 at 8:45PM

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 RE/MAX Results

Investment Insights

Based on property information with market context.

This 22-unit apartment property encompasses 15,300 square feet and was built in 1959. Capital improvements extend through the residences and hallway areas, while a new roof adds a significant recent building upgrade.

The property is enrolled in the 4d Affordable Housing Incentive Program, which provides a reduction in property taxes. Its Minneapolis setting places it near Downtown Minneapolis, major transit routes, bus lines, hospitals, community facilities, parks, and bike trails.

Key Highlights

  • 22‑unit apartment property totaling 15,300 square feet
  • New roof and multiple capital improvements
  • Units and hallway areas have received improvements

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Auto Parts Store Veterinary Clinic Pet Grooming Service Nail Salon Home Appliance Store

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

22
Residential units

Location Intelligence

Trade Area within ½ mile

3,292
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 - Multifamily property with capital improvements, refreshed common areas, and a recently installed roof.
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 $2,068,000.
What are key features of this property?
This property features: 22‑unit apartment property totaling 15,300 square feet; New roof and multiple capital improvements; Units and hallway areas have received improvements
More about this property
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