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22-Unit Apartment Building
For Sale
$2,068,000

2110 Park Avenue, Minneapolis, MN 55404

Commercial Sale, Minneapolis, MN

Property SizeContact for details
Lot Size0.27 Acres
Days on Market75

Property Features for 2110 Park Avenue

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning description Residential-Multi-Family
Parking features Parking Lot
Subdivision G N Merriams Add
High school district Minneapolis
Directions I-94, take the Portland Ave exit and head south. Turn left onto 22nd Street E, then left onto Park Avenue, property will be on the right.
Standard status Active
APN 3502924220011
Lot size 0.27 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 6780

Utilities

Heating system Oil
Cooling system Wall Unit(s)

Building Details

Year built 1959
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Todd Fairbanks
Added: Aug 12 Changed: Oct 8 Last Checked: Oct 25 at 7:06AM
MLS# 7126151

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 22-unit apartment property was built in 1959 on a 0.27-acre parcel. Capital improvements include a new roof, and the building has oil heat, wall-unit cooling, and a parking lot. The property is enrolled in the 4d Affordable Housing Incentive Program, which reduces property taxes.

The Minneapolis property is described as near downtown, major transit routes, bus lines, hospitals, community facilities, parks, and bike trails.

Key Highlights

  • 22‑unit apartment property
  • Built in 1959 on a 0.27‑acre parcel
  • New roof and other capital improvements

Property Analytics

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Lease Details

22
Residential units

Location Intelligence

Trade Area within ½ mile

3,292
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?
Apartment building - The property includes a parking lot and has received capital improvements, including a new roof.
Where is this apartment building located?
The property is located at 2110 Park Avenue Minneapolis, MN.
What is the asking price?
The asking price for this property is $2,068,000.
What are key features of this property?
This property features: 22‑unit apartment property; Built in 1959 on a 0.27‑acre parcel; New roof and other capital improvements
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