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12-Unit Apartment Building
New
For Sale
$1,300,000

1500 10th Avenue S, Minneapolis, MN 55404

One-bedroom residences and off-street parking provide a practical configuration in Minneapolis’s Elliot Park area.

Property Size10,020 SF
Price / SF$129.74
Days on Market3

Property Features for 1500 10th Avenue S

General Information

Standard status Active
Size 10,020 SF
Property subtype Commercial
Zoning Residential-Multi-Family

Site & Location

Neighborhood University
Public Transit Yes

Units

Multifamily Units 12
Parking per Unit 1

Taxes and HOA fees

Annual Taxes $23,343

Building Details

Building Size 10,020 SF
Year Built 1968
Units 12
Listing Agency: HomeSmart Sapphire Realty
Listed By: Luis Paucar
Source: Getyoumoved
Added: Oct 22 Changed: Oct 23 Last Checked: Oct 23 at 5:11PM

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

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Investment Insights

Based on property information with market context.

Built in 1968, this 12-unit multifamily property contains one-bedroom, one-bathroom apartments. Several units have been remodeled, and the building includes an off-street parking lot with space for one car per apartment. The property is zoned Residential-Multi-Family.

Situated in Minneapolis’s Elliot Park area, the building has access to public transit and is near parks, universities, shopping, and dining. The apartments are reported as occupied, with leases described as quick to secure.

Key Highlights

  • 12 apartments, each with one bedroom and one bathroom
  • Off‑street parking lot accommodates one car per unit
  • Several apartments have been remodeled

Property Analytics

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Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

4,986
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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - One-bedroom residences and off-street parking provide a practical configuration in Minneapolis’s Elliot Park area.
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: 12 apartments, each with one bedroom and one bathroom; Off‑street parking lot accommodates one car per unit; Several apartments have been remodeled
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