Historic Apartment
1430 Spruce Pl, Minneapolis, MN 55403
For Sale
New
Contact for pricing
A concentrated Minneapolis collection pairs 213 apartments with a one-bedroom house.
Property Size26,500 SF
Days on Market7
Property Features for 1430 Spruce Pl
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Public Transit
Additional Details
Multifamily Units
Amenities
off-street parking
bike storage rooms
on-site laundry
clawfoot tubs
214 Residences across Seven Apartment Properties and One Single-Family Home
Offered at an Average of $76,000 per Unit, Providing an Attractive, Low Acquisition Basis
Historic Character Featuring Hardwood Floors, High Ceilings, Large Windows, and Original Woodwork
All Eight Properties Located within One City Block in Loring Park, Supporting Efficient Operations and Economies of Scale
Long-Term Ownership and Professional Management Reflecting Consistent Care and Pride of Ownership
Convenient Access to Downtown Employment, Dining, Transit, and Loring Park's Green Space
Building Details
Building Size
Buildings
Units
Listing Agency:
Marcus & Millichap - Minneapolis
Listed By:
Abe Roberts
(952) 852-9768
Source:
Marcusmillichap
Added: Nov 4
Last Checked: Nov 10 at 5:13AM
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 Marcus & Millichap - Minneapolis
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Minneapolis apartment portfolio includes seven apartment properties totaling 213 units, plus a one-bedroom single-family residence. The buildings date from 1886 to 1917 and feature high ceilings, hardwood floors, large windows, woodwork, and cabinetry; some apartments also have clawfoot tubs. Portfolio amenities include off-street parking, bike storage rooms, and on-site laundry.
The properties are grouped within a single city block in the Loring Park neighborhood, with access to the Central Business District, public transportation, dining, entertainment, and Loring Park’s green space. Nearby employers named for the area include Target, U.S. Bancorp, and Ameriprise Financial.
The seven apartment addresses are 1430 Spruce Place, 1511–1513 Spruce Place, 1515–1517 Spruce Place, 201, 205, and 209 15th Street W, and 115–129 15th Street W. The house is at 1507 Spruce Place.
The properties are grouped within a single city block in the Loring Park neighborhood, with access to the Central Business District, public transportation, dining, entertainment, and Loring Park’s green space. Nearby employers named for the area include Target, U.S. Bancorp, and Ameriprise Financial.
The seven apartment addresses are 1430 Spruce Place, 1511–1513 Spruce Place, 1515–1517 Spruce Place, 201, 205, and 209 15th Street W, and 115–129 15th Street W. The house is at 1507 Spruce Place.
Key Highlights
- Seven apartment properties contain 213 units, plus a one‑bedroom single‑family residence
- Buildings were constructed between 1886 and 1917
- Original details include hardwood floors, high ceilings, large windows, woodwork, and cabinetry
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
214
Residential units
Location Intelligence
Trade Area within ½ mile
5,350
Businesses Nearby
Explore this area
Business Placement
Demographics for 55403, MN
17,707
Population
12,906
Households
1.4
Avg Household Size
35
Median Age
59%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
12,648
Density / Sq Mi
$59,928
Median Household Income
$50,876
Median Earnings
$1,199
Median Rent
$285,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Apartment buildings in Minneapolis, MN
Properties on Market for Apartment buildings in Minneapolis
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - A concentrated Minneapolis collection pairs 213 apartments with a one-bedroom house.
Where is this apartment building located?
The property is located at 1430 Spruce Pl Minneapolis, MN.
What are key features of this property?
This property features: Seven apartment properties contain 213 units, plus a one‑bedroom single‑family residence; Buildings were constructed between 1886 and 1917; Original details include hardwood floors, high ceilings, large windows, woodwork, and cabinetry
