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Apartment Building with Off-Street Parking
For Sale
$1,300,000

1500 10th Avenue S, Minneapolis, MN 55404

Commercial Sale, Minneapolis, MN

Property SizeContact for details
Lot Size0.25 Acres
Days on Market120

Property Features for 1500 10th Avenue S

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning description Residential-Multi-Family
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bathroom 1
Parking features Parking Lot
Subdivision J S & W Elliots Add
High school district Minneapolis
Directions I-35W to E 11th St, east to Park Ave, south to E 15th St, east to 10th Ave S. Property on right.
Standard status Active
APN 2602924310065
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 23343

Utilities

Heating system Oil, Baseboard

Building Details

Year built 1968
Listing Agency: HomeSmart Sapphire Realty · HomeSmart International
Listed By: Luis Paucar
Added: Jun 13 Changed: Oct 8 Last Checked: Oct 10 at 2:06AM
MLS# 7090913

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1968, this 12-unit apartment property contains one-bedroom, one-bathroom residences, with generous living areas noted in the property information. Several units have been remodeled. Oil and baseboard systems provide heat, and an off-street parking lot accommodates one car per unit. The parcel measures 0.25 acres.

The building is in Elliot Park, minutes from downtown Minneapolis. Public transit, parks, universities, shopping, and dining are identified as nearby amenities. The combination of one-bedroom apartments and on-site parking defines the property’s principal physical features.

Key Highlights

  • 12‑unit apartment building with one‑bedroom, one‑bath units
  • Off‑street parking lot accommodates one car per unit
  • 0.25‑acre parcel

Property Analytics

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Current Use

1500 Apartments Apartment Building

Suggested Use

Top Pick Electrical Service Pet Grooming Service (Bike/Boat/Book/etc) Store Bakery Butcher 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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - The multifamily property offers one-bedroom layouts and a parking space for each residence.
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‑unit apartment building with one‑bedroom, one‑bath units; Off‑street parking lot accommodates one car per unit; 0.25‑acre parcel
More about this property
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