12-Unit Apartment Building with
For Sale
$1,300,000
1500 10th Avenue S, Minneapolis, MN 55404
Well-maintained 12-unit property with spacious one-bedroom layouts and off-street parking for one car per unit.
Property Size10,020 SF
Price / SF$129.74
Days on Market68
Property Features for 1500 10th Avenue S
General Information
Standard status
Active
Size
10,020 SF
Total Parking Spaces
12
Property subtype
Commercial
Zoning
Residential-Multi-Family
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
12
Taxes and HOA fees
Annual Taxes
$23,343
Building Details
Building Size
10,020 SF
Year Built
1968
Stories
2
Units
12
Tenancy
Multi
Listing Agency:
HomeSmart Sapphire Realty
(612) 444-3555
Listed By:
Luis Paucar
(612) 444-3555
Source:
Juverealestate
Added: Jun 18
Changed: Aug 24
Last Checked: Aug 24 at 3:17PM
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 HomeSmart Sapphire Realty
Investment Insights
Based on property information with market context.
This well-maintained 12-unit apartment building offers spacious one-bedroom, one-bath units with generous living areas. Several units have been tastefully remodeled, supporting a clean, current tenant experience. A standout physical feature is the large off-street parking lot, which accommodates one car per unit.
The property is located in Elliot Park, just minutes from downtown Minneapolis. It also offers convenient access to public transit, with the surrounding area positioned near parks, universities, shopping, and dining.
For buyers seeking a straightforward residential income asset, this building’s mix of one-bedroom units and on-site parking can appeal to a range of tenant needs. The public remarks also indicate strong occupancy performance, with units described as consistently occupied and leasing quickly in this area. The property is offered for sale as an income-focused opportunity in a walkable, transit-accessible neighborhood.
The property is located in Elliot Park, just minutes from downtown Minneapolis. It also offers convenient access to public transit, with the surrounding area positioned near parks, universities, shopping, and dining.
For buyers seeking a straightforward residential income asset, this building’s mix of one-bedroom units and on-site parking can appeal to a range of tenant needs. The public remarks also indicate strong occupancy performance, with units described as consistently occupied and leasing quickly in this area. The property is offered for sale as an income-focused opportunity in a walkable, transit-accessible neighborhood.
Key Highlights
- Well‑maintained 12‑unit apartment building with spacious 1‑bedroom, 1‑bath units and generous living areas
- Several units have been tastefully remodeled
- Off‑street parking lot allows for 1 car per unit
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
4,986
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 12-unit property with spacious one-bedroom layouts and off-street parking for one car per unit.
Where is this apartment building located?
The property is located at 1500 10th Avenue S Minneapolis, MN.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Well‑maintained 12‑unit apartment building with spacious 1‑bedroom, 1‑bath units and generous living areas; Several units have been tastefully remodeled; Off‑street parking lot allows for 1 car per unit
