Listing Agency: Titus Commercial Real Estate

Listed By: Mike Brass · License #40630577 Show Phone

Source: Crexi

Added: Sep 24 Changed: Sep 26 Last Checked: Sep 26 at 3:33PM

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Investment Insights

Based on property information with market context.

This 24-unit apartment property was built in 1962 and includes secured entry points and a fenced perimeter with key-card access capability. Boilers and a water heater were installed in 2019, and the property has 19 private parking spaces.

The property is near more than 10 restaurants, with access to I-94 via Bryant Ave N and West Broadway.

Key Highlights

• 24 apartment units in a building constructed in 1962
• Boilers and water heater installed in 2019
• 19 private parking spaces

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Locksmith Auto Parts Store Tattoo & Piercing Shop Pet 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

1,057

Businesses Nearby

Explore this area Business Placement

Demographics for 55441, MN

18,415

Population

8,340

Households

2.2

Avg Household Size

39

Median Age

56%

College-Educated

97%

High-School Grad

8.6 sq mi

ZIP Area

2,141

Density / Sq Mi

$100,288

Median Household Income

$56,522

Median Earnings

$1,589

Median Rent

$463,300

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Apartment building - Controlled entry, perimeter fencing, and key-card access capability support secured access for residents.

Where is this apartment building located?

The property is located at 1816-1818 Bryant Avenue N Minneapolis, MN.

What is the asking price?

The asking price for this property is $2,300,000.

What are key features of this property?

This property features: 24 apartment units in a building constructed in 1962; Boilers and water heater installed in 2019; 19 private parking spaces