Minneapolis 30-Unit Apartment
For Sale
Contact for pricing
Pending
2427 Blaisdell Ave, Minneapolis, MN 55404
30-unit apartment building in Whittier, Minneapolis, near downtown.
Property SizeContact for details
Days on Market157
Property Features for 2427 Blaisdell Ave
General Information
Standard status
Pending
Class
B
Property subtype
Multifamily
Zoning
5-5
Occupancy
100%
Net Operating Income
$192,000
Building Details
Year Built
1958
Stories
4
Units
30
Listing Agency:
MRG Realty Partners
(651) 900-4386
Listed By:
Doug McNicoll · License #40492260
Source:
Crexi
Added: Mar 18
Changed: Aug 8
Last Checked: Aug 21 at 5:06AM
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
Investment Insights
Based on property information with market context.
This 30-unit apartment building is located in the Whittier neighborhood of Minneapolis, with proximity to Interstate 35W. The property is within walking distance of downtown and the Minneapolis College of Art and Design (MCAD). The unit mix includes studios, one-bedroom, and two-bedroom apartments. A parking lot is located at the back of the building. The building is currently at full occupancy and is financially performing, with potential for value enhancement.
Key Highlights
- Full occupancy indicates strong rental demand and immediate income.
- Ideal unit mix of studios, one‑bedroom, and two‑bedroom apartments caters to a diverse tenant base.
- Prime location in Whittier, Minneapolis, near downtown and Minneapolis College of Art and Design (MCAD).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,607
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 30-unit apartment building in Whittier, Minneapolis, near downtown.
Where is this apartment building located?
The property is located at 2427 Blaisdell Ave Minneapolis, MN.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Full occupancy indicates strong rental demand and immediate income.; Ideal unit mix of studios, one‑bedroom, and two‑bedroom apartments caters to a diverse tenant base.; Prime location in Whittier, Minneapolis, near downtown and Minneapolis College of Art and Design (MCAD).
