Building Details

Tenancy Multi

Listing Agency: MRG Realty Partners

Listed By: Doug McNicoll · License #40492260 Show Phone

Source: Crexi

Added: Apr 24 Changed: Sep 2 Last Checked: Aug 31 at 9:20PM

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Investment Insights

Based on property information with market context.

This multifamily property is located at 1703 2nd Ave S in Minneapolis, Minnesota. The asset is classified within the other multifamily property category and is presented with contract for deed terms.

Key Highlights

• Multifamily property in Minneapolis, Minnesota
• Located at 1703 2nd Ave S, Minneapolis, MN 55403
• Contract for deed terms identified for the property

Property Analytics

Property Profile

Current Use

Ies Engineering Consultant

Suggested Use

Top Pick Restaurant Electrical Service Bakery HVAC Service (Bike/Boat/Book/etc) Store Auto Parts 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

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

619

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Multifamily property - Multifamily asset located in Minneapolis, Minnesota.

Where is this multifamily property located?

The property is located at 1703 2nd Ave S Minneapolis, MN.

What are key features of this property?

This property features: Multifamily property in Minneapolis, Minnesota; Located at 1703 2nd Ave S, Minneapolis, MN 55403; Contract for deed terms identified for the property