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2323 Clinton Ave Minneapolis, MN 55404

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For Sale
$3,900,000

39 units, 100% occupied, walkable location near downtown Minneapolis.

Type:Multifamily
Property size:
18,894 SF
Added:
Mar 2, 2026
Days on Market:
30
Last Refresh:
Mar 16 at 2:00 pm

Property Features for 2323 Clinton Ave

General Information

Standard status
Active
Size
18,894 SF
Property subtype
Multifamily

Building Details

Year Built
1962

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Listing Contact
Doug McNicoll

Listing agent Doug McNicoll License #40492260

Listing office MRG Realty Partners

Listing date Mar 2, 2026

Source Crexi

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 MRG Realty Partners


Overview

Minneapolis Multifamily Investment Opportunity

This multifamily investment opportunity features 39 units across two properties located directly across the street from one another: 2401 Clinton (17 units) and 2323 Clinton (22 units). The properties are situated in a walkable South Minneapolis location, with convenient access to Downtown Minneapolis, Eat Street, MCAD, and the Minneapolis Institute of Art. Located directly on a bus line, the properties also offer convenient access to Uptown and the Midtown Greenway. The unit mix consists of 8 studios and 31 one-bedroom units. The properties are currently 100% occupied. 2323 Clinton has covered parking. The total property size is 18894 square feet. Operational upside exists through RUBS implementation or optimization, expense recapture, and strategic interior upgrades upon turnover. The side-by-side positioning of the two properties facilitates ease of management.
Location Intelligence

Current Use by Public Records

Apartment buildings

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Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Minneapolis
County
Anoka
State
Minnesota
Longitude
-93.2711337
Latitude
44.9594207

FAQs

What type of property is this?
Apartment building - 39 units, 100% occupied, walkable location near downtown Minneapolis.
Where is this apartment building located?
The property is located at 2323 Clinton Ave Minneapolis, MN.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 100% Occupied, providing immediate cash flow.; 39‑unit multifamily portfolio with a desirable mix of studios and one‑bedroom units.; Prime location in South Minneapolis, walkable to Downtown, Eat Street, MCAD, and the Minneapolis Institute of Art.
More about this property
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