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22-Unit Brick 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 Market21

Property Features for 2110 Park Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Residential-Multi-Family
Parking features Parking Lot
Exterior features Brick/Stone
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: Aug 27 Last Checked: Sep 1 at 4:06AM
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.

Investment Insights

Based on property information with market context.

This 22-unit apartment building was constructed in 1959 and features brick/stone exterior construction, oil heating, wall-unit cooling, and a dedicated parking lot. Capital improvements include a new roof, along with updated finishes throughout the apartments and common hallways.

The property participates in Minneapolis’s 4d Affordable Housing Incentive Program, which reduces property taxes. Its Park Avenue setting places the building near Downtown Minneapolis, major transit routes, bus service, hospitals, community facilities, parks, and bike trails. The property occupies 0.27 acres in Hennepin County.

Key Highlights

  • 22‑unit apartment building on 0.27 acres
  • Built in 1959 with brick/stone exterior
  • New roof and capital improvements to units and hallways

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Auto Parts Store Veterinary Clinic Pet Grooming Service Nail Salon Home Appliance 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.

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated multifamily asset with a renovated interior presentation, replacement roof, and on-site parking lot.
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 building on 0.27 acres; Built in 1959 with brick/stone exterior; New roof and capital improvements to units and hallways
More about this property
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