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Fourplex with Recent Exterior Updates
For Sale
$439,900

2015 2nd Avenue S, Minneapolis, MN 55404

One of the four apartments is vacant, allowing for immediate leasing or occupancy flexibility.

Property Size4,515 SF
Price / SF$97.43
Days on Market31

Property Features for 2015 2nd Avenue S

General Information

Standard status Active
Size 4,515 SF
Property subtype Residential Income

Site & Location

Neighborhood Harrison

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $8,204

Amenities

Laundry
Coin-op Laundry Owned
Porch

Building Details

Building Size 4,515 SF
Year Built 1900
Buildings 1
Stories 3
Units 4
Listing Agency: IQ Realty
Listed By: Garrett Matheson
Source: Kerbercastle
Added: Oct 1 Changed: Oct 30 Last Checked: Oct 30 at 3:07PM

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 IQ Realty

Rey
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Investment Insights

Based on property information with market context.

This four-unit residential income property contains 4,515 square feet and dates to 1900. Recent work includes replacement window sashes, a newer roof, and a renewed stucco exterior. The boiler was replaced in 2023. Coin-operated laundry is owned, and the property also has a porch.

One apartment is currently vacant, while the other three are occupied. The vacancy offers a choice between leasing the unit and using it for owner occupancy.

Key Highlights

  • Four units totaling 4,515 square feet
  • One unit currently vacant
  • Boiler replaced in 2023

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

580
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

Frequently Asked Questions

What type of property is this?
Quadplex - One of the four apartments is vacant, allowing for immediate leasing or occupancy flexibility.
Where is this quadplex located?
The property is located at 2015 2nd Avenue S Minneapolis, MN.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: Four units totaling 4,515 square feet; One unit currently vacant; Boiler replaced in 2023
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