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6-Unit Apartment Building
For Sale
$899,900

2205 Pleasant Ave, Minneapolis, MN 55404

Multifamily property with varied unit layouts, shared outdoor spaces, and updated core building systems.

Property Size9,546 SF
Price / SF$94.27
Days on Market27

Property Features for 2205 Pleasant Ave

General Information

Standard status Active
Size 9,546 SF

Units

Unit Mix 4 x 3BR, 2 x 2BR
Multifamily Units 6

Additional Details

Public Transit Yes

Amenities

covered communal porches and balconies

Building Details

Year Built 1911
Buildings 1
Listing Agency: Metro Group Real Estate
Listed By: Jerry Lindeen
Source: Tayloronken
Added: Aug 12 Changed: Aug 28 Last Checked: Sep 6 at 12:49PM

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 Metro Group Real Estate

Investment Insights

Based on property information with market context.

Built in 1911, this 9,546-square-foot apartment property contains six residences, including four 3-bedroom units and two 2-bedroom units located on the top floor. Individual apartments vary in finish and may include hardwood flooring, ceiling fans, fireplaces, dishwashers, refreshed kitchen cabinetry, pantry storage, and generous closet space. Common covered porches and balconies add shared exterior areas.

Recent property improvements include newer roofs, modern boilers, newer hot water heaters, and updated electrical service. The building is positioned near the Wedge and Whittier neighborhoods, with access to a nearby bus line. The property is addressed at 2205 Pleasant Ave and 215 West 22nd Street in Minneapolis.

Key Highlights

  • 6‑unit apartment building with four 3‑bedroom and two 2‑bedroom units
  • 9,546 SF building constructed in 1911
  • Unit features may include hardwood floors, fireplaces, dishwashers, and updated cabinetry

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Dental Office Locksmith Pet Store & Service 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.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

2,745
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with varied unit layouts, shared outdoor spaces, and updated core building systems.
Where is this apartment building located?
The property is located at 2205 Pleasant Ave Minneapolis, MN.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: 6‑unit apartment building with four 3‑bedroom and two 2‑bedroom units; 9,546 SF building constructed in 1911; Unit features may include hardwood floors, fireplaces, dishwashers, and updated cabinetry
More about this property
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