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30-Unit Apartment Building Portfolio
For Sale
Contact for pricing
Pending

2501 S 17th Ave, Minneapolis, MN 55404

Five-building multifamily portfolio with four fully leased properties and one building containing units gutted for rehabilitation.

Property SizeContact for details
Days on Market148

Property Features for 2501 S 17th Ave

General Information

Standard status Pending
Property subtype Multifamily

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 30

Building Details

Buildings 5
Listing Agency: Results Commercial
Listed By: Mark Hulsey · License #MN 40169559
Source: Crexi
Added: Apr 12 Changed: Sep 1 Last Checked: Sep 5 at 12:17AM

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 Results Commercial

Investment Insights

Based on property information with market context.

This multifamily offering includes five apartment buildings with a combined 30 units in East Phillips, Minneapolis. Four of the buildings are fully leased. The property at 1521 E 25th has a different condition profile, with half of its units essentially gutted for rehabilitation. The buildings can be acquired as one package or individually.

East Phillips provides access to downtown Minneapolis through I-94, Hiawatha Avenue, and the METRO Blue Line. The neighborhood is near the University of Minnesota, Hennepin Healthcare, employment hubs, East Phillips Park, and the Midtown Greenway. Additional single-family homes and duplexes on the same blocks are also available for sale.

Key Highlights

  • Five apartment buildings totaling 30 units in East Phillips, Minneapolis
  • Four of the five buildings are fully leased
  • 1521 E 25th has half of its units essentially gutted for rehab

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Plumbing Service Veterinary Clinic 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

30
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,964
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 - Five-building multifamily portfolio with four fully leased properties and one building containing units gutted for rehabilitation.
Where is this apartment building located?
The property is located at 2501 S 17th Ave Minneapolis, MN.
What are key features of this property?
This property features: Five apartment buildings totaling 30 units in East Phillips, Minneapolis; Four of the five buildings are fully leased; 1521 E 25th has half of its units essentially gutted for rehab
(651) 256-7404 Call to check price and availability
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