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Turn-Key Multifamily with 4-Bedroom Units
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For Sale
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1705 2nd St NE, Minneapolis, MN 55413

Newer multifamily built in 2019 offering open-concept layouts and in-unit laundry with 4-bedroom, 3-bath unit design.

Days on Market2

Property Features for 1705 2nd St NE

General Information

Standard status Active
Property subtype Multifamily

Amenities

in-unit laundry

Building Details

Building Size 2,832 SF
Year Built 2019
Listing Agency:
Listed By: Robert Dulin
Source: Kisergroup
Added: Jul 30 Changed: Jul 31 Last Checked: Jul 31 at 7:48AM

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 Robert Dulin

Investment Insights

Based on property information with market context.

Turn-key multifamily property in Minneapolis providing modern, open-concept unit layouts and in-unit laundry. The unit mix features 4-bedroom layouts with 3-bath configurations, a rare design combination for the area. Built in 2019, the property includes high-end appliance finishings and construction consistent with a premium-residential presentation.

Located in the Bottineau neighborhood of Northeast Minneapolis, the property is positioned close to shops, breweries, restaurants, parks, and recreational amenities. It also offers easy access to downtown Minneapolis and major employment hubs.

The property is presented as fully stabilized with a history of 100% occupancy and very short lease-up terms. With strong rental demand supported by both the location and the unit finishes, the offering is described as requiring minimal near-term capital needs.

Key Highlights

  • 2019‑built multifamily property in Northeast Minneapolis Bottineau neighborhood
  • 4‑bedroom and 3‑bath unit configuration with open‑concept layouts
  • In‑unit laundry and high‑end appliance finishings

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm HVAC Service Nail Salon Accounting Firm Pharmacy Grocery & Convenience 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.

Location Intelligence

Trade Area within ½ mile

1,041
Businesses Nearby

Demographics for 55413, MN

13,914
Population
8,080
Households
1.7
Avg Household Size
34
Median Age
58%
College-Educated
95%
High-School Grad
3.1 sq mi
ZIP Area
4,488
Density / Sq Mi
$84,252
Median Household Income
$57,091
Median Earnings
$1,497
Median Rent
$354,200
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 - Newer multifamily built in 2019 offering open-concept layouts and in-unit laundry with 4-bedroom, 3-bath unit design.
Where is this multifamily property located?
The property is located at 1705 2nd St NE Minneapolis, MN.
What are key features of this property?
This property features: 2019‑built multifamily property in Northeast Minneapolis Bottineau neighborhood; 4‑bedroom and 3‑bath unit configuration with open‑concept layouts; In‑unit laundry and high‑end appliance finishings
More about this property
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