Grand Victorian Boarding
For Sale
$699,900
2110 1st Avenue S, Minneapolis, MN 55404
Victorian boarding house with an active rental license, 18 single rooms, and large parking for up to 15 cars.
Property SizeContact for details
Days on Market88
Property Features for 2110 1st Avenue S
General Information
Standard status
Active
Total Parking Spaces
15
Property subtype
Commercial
Zoning
Residential-Multi-Family
Additional Details
Business Included
Yes
Multifamily Units
18
Taxes and HOA fees
Annual Taxes
$16,039
Building Details
Year Built
1913
Stories
3
Units
18
Tenancy
Multi
Listing Agency:
Coldwell Banker Realty - Southwest Regional
(612) 229-7926
Listed By:
Ryan Quade
(612) 229-7926
Source:
Ivyrealestategroup
Added: May 29
Changed: Aug 23
Last Checked: Aug 24 at 2:08PM
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 Coldwell Banker Realty - Southwest Regional
Investment Insights
Based on property information with market context.
A grand Victorian boarding house with an active rental license offers 18 single rooms, including an owner’s suite with two bedrooms. The property is currently operating with 5 rooms rented at $500 per month. The rental license allows up to 17 rooms, with current approval for 16 rooms. The owner’s suite is described as spacious and includes a full kitchen and a private bathroom.
The building includes a total of 13 bathrooms, with many bathrooms noted as capped. The information provided states that one bathroom per floor is currently operational. Site amenities include a large parking lot that can accommodate up to 15 cars, plus a spacious 3-car garage and an additional carriage house. The roof was installed in 2021, and the exterior was painted in 2021.
This configuration can suit buyers and operators seeking a property that supports room-by-room occupancy under an active license, with an owner-occupant option through the two-bedroom suite. There is also described flexibility for a possible ADU in the basement and above the garage, and the current room and bathroom layout suggests an opportunity for buyers to align operations with the license capacity. Parking and on-site structures support practical day-to-day operations for a boarding setup.
The building includes a total of 13 bathrooms, with many bathrooms noted as capped. The information provided states that one bathroom per floor is currently operational. Site amenities include a large parking lot that can accommodate up to 15 cars, plus a spacious 3-car garage and an additional carriage house. The roof was installed in 2021, and the exterior was painted in 2021.
This configuration can suit buyers and operators seeking a property that supports room-by-room occupancy under an active license, with an owner-occupant option through the two-bedroom suite. There is also described flexibility for a possible ADU in the basement and above the garage, and the current room and bathroom layout suggests an opportunity for buyers to align operations with the license capacity. Parking and on-site structures support practical day-to-day operations for a boarding setup.
Key Highlights
- Grand Victorian boarding house with an active rental license offering 18 single rooms plus an owners' suite
- Currently 5 rooms rented at $500/month; license details indicate up to 17 rooms allowed to be rented, with approval for 16
- Owners' suite includes 2 bedrooms with a full kitchen and private bathroom
Property Analytics
Property Profile
Current Use
Lease Details
18
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,616
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Victorian boarding house with an active rental license, 18 single rooms, and large parking for up to 15 cars.
Where is this apartment building located?
The property is located at 2110 1st Avenue S Minneapolis, MN.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Grand Victorian boarding house with an active rental license offering 18 single rooms plus an owners' suite; Currently 5 rooms rented at $500/month; license details indicate up to 17 rooms allowed to be rented, with approval for 16; Owners' suite includes 2 bedrooms with a full kitchen and private bathroom
